Analyst Price Target is $27.80
▲ +26.08% 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 $27.80, with a high forecast of $27.80 and a low forecast of $27.80. The average price target represents a 26.08% upside from the last price of $22.05.
Current Consensus is
The current consensus among 1 polled investment analysts is to buy (strong 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 also holds interest in the Shamrock property that consists of 368 mining claims covering an area of approximately 52,920 acres located in the Richardson Mining District, central Alaska. As of June 30, 2020, the company, through a joint venture had leased or controlled approximately 860,000 acres of exploration properties in Alaska. Contango Ore, Inc. was founded in 2009 and is based in Houston, Texas.