Contango ORE Q2 Earnings Call Highlights

Impact · against what's priced in

Contango ORE is positioned for a significant margin expansion in H2 2026 as it moves into higher-grade ore and completes costly pre-stripping. The elimination of gold hedges increases the stock's sensitivity to spot gold prices, while progress at Lucky Shot and Kitsault adds long-term optionality.

CTGO+0.60

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In context

The company is removing gold hedges to provide direct spot exposure and expects a sharp decline in cash costs from $2,665 in H1 to a full-year target of $1,900-$2,000 following the completion of South Pit pre-stripping.

Read from the article alone

• mining
• gold
• CTGO
• cash distributions
• feasibility study
• precious metals
• production guidance
• resource estimate
• silver

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