Contango Silver & Gold (CTGO) Operating Expenses (2010 - 2024)
Contango Silver & Gold (CTGO) reported Operating Expenses of $2.4 million for Q2 2024, down 35.34% on a YoY basis from $3.7 million in Q3 2023, and down 12.03% quarter-over-quarter from $2.7 million in Q1 2024.
Contango Silver & Gold (CTGO) Operating Expenses (2010 - 2024) Analysis & Trends
Contango Silver & Gold has reported Operating Expenses for 15 years, with the latest figure at $2.4 million in Q2 2024.
- For the quarter ending Q2 2024, Operating Expenses fell 35.34% year-over-year to $2.4 million; the trailing twelve-month figure through Mar 2025 stood at $2.4 million (down 77.07% YoY), and the FY2023 full-year result was $17.7 million, down 10.09% from the prior year.
- Operating Expenses for Q2 2024 stood at $2.4 million, down from $2.7 million in the prior quarter.
- The five-year high for Operating Expenses was $7.0 million in Q3 2022, with the low at $1.3 million in Q1 2020.
- Historically, Operating Expenses has averaged $3.6 million across 5 years, with a median of $3.1 million in 2021.
- Annual changes were most pronounced in 2020 — Operating Expenses surged 257.81% — and 2023, when it tumbled 55.84%.
- Contango Silver & Gold's Operating Expenses stood at $2.7 million in 2020, then surged by 57.17% to $4.2 million in 2021, then advanced by 8.93% to $4.6 million in 2022, then declined by 12.15% to $4.0 million in 2023, then slumped by 40.42% to $2.4 million in 2024.
- The last three Operating Expenses figures came in at $2.4 million (Q2 2024), $2.7 million (Q1 2024), and $4.0 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -4.48 Mn |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 155.00 Mn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 76.85 Mn |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 19.40 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 83.10 Mn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 2.84 Bn |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | 300,000.00 |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | 999.00 Mn |
| 10 | Contango Silver & Gold | 193.54 Mn | 128.60 Mn | 41.46 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2.39 Mn |
| Mar 31, 2024 | 2.71 Mn |
| Sep 30, 2023 | 4.01 Mn |
| Jun 30, 2023 | 3.69 Mn |
| Mar 31, 2023 | 2.40 Mn |
| Dec 31, 2022 | 4.56 Mn |
| Sep 30, 2022 | 7.00 Mn |
| Jun 30, 2022 | 6.95 Mn |
| Mar 31, 2022 | 5.43 Mn |
| Dec 31, 2021 | 4.19 Mn |
| Sep 30, 2021 | 3.07 Mn |
| Jun 30, 2021 | 2.20 Mn |
| Mar 31, 2021 | 2.26 Mn |
| Dec 31, 2020 | 2.66 Mn |
| Sep 30, 2020 | 3.55 Mn |
| Jun 30, 2020 | 2.13 Mn |
| Mar 31, 2020 | 1.32 Mn |
| Dec 31, 2019 | 1.15 Mn |
| Sep 30, 2019 | 990,990.00 |
| Jun 30, 2019 | 1.27 Mn |