Contango Q1 net loss $14.3M, adj net income $4.7M; Lucky Shot acquisition for $16.1M

Contango Silver & Gold Inc.

2026-Q1 EPS reported -$0.83

Net loss $14.3M ($0.83/diluted share) vs $22.5M loss YoY; adjusted net income $4.7M.
Manh Choh: 8,012 oz gold sold at cash cost $2,692/oz; received $9M JV distribution.
Cash $97.5M (up from $64.8M); debt reduced to $13.6M; hedge contracts cut to 22,000 oz.
Post-quarter: acquired 100% of Lucky Shot project for $16.1M (cash + note), extinguishing 2% NSR royalty.
FY2026 guidance reaffirmed 40-45k oz gold at Manh Choh; FY2027 guided 75-80k oz with AISC $1,300-1,400/oz.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Contango Silver & Gold Inc. reported the quarter ended March 31, 2026 results: net income a net loss of $14.3 M. Guidance reaffirmed.

Period: the quarter ended March 31, 2026
Net income: a net loss of $14.3 M
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Contango Announces Results for the Quarter Ended March 31, 2026

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Contango Silver & Gold Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-226963

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