Analyst Price Target is $37.50
▲ +69.45% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Contango Ore in the last 3 months. The average price target is $37.50, with a high forecast of $37.50 and a low forecast of $37.50. The average price target represents a 69.45% upside from the last price of $22.13.
Current Consensus is
The current consensus among 1 investment analysts is to buy stock in Contango Ore.
Contango Ore, Inc., an exploration stage company, engages in the exploration of gold and associated minerals in the United States. It also explores for copper and silver deposits. The company, through its subsidiaries, leases approximately 675,000 acres from the Tetlin Tribal Council and approximately 13,000 State of Alaska mining claims for exploration and development; and owns 100% interest in the mineral rights to approximately 200,000 acres of State of Alaska mining claims located north and northwest of the Tetlin Lease. The company also holds interest in the Shamrock property that consists of 361 Alaska state mining claims covering approximately 52,640 acres. Contango Ore, Inc. was founded in 2009 and is based in Houston, Texas.