---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-226963"
form_type: "8-K"
ticker: "CTGO"
cik: "0001502377"
company_name: "Contango Silver & Gold Inc."
filed_at: "2026-05-15T20:30:25+00:00"
generated_at: "2026-05-15T21:10:41.541372+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-226963
- form_type: 8-K
- ticker: CTGO
- cik: 0001502377
- company_name: Contango Silver & Gold Inc.
- filed_at: 2026-05-15T20:30:25+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1502377/000119312526226963/0001193125-26-226963-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1502377/000119312526226963/ctgo-20260514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-226963
- JSON: https://secwatch.observer/filing/0001193125-26-226963.json
- Plain text: https://secwatch.observer/filing/0001193125-26-226963.txt

## Key facts
- Earnings Releases
  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
  source text: Contango Announces Results for the Quarter Ended March 31, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1502377/000119312526226963/0001193125-26-226963-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.