Contango Silver & Gold (CTGO) Operating Expenses (2010 - 2024)
Contango Silver & Gold's (CTGO) quarterly Operating Expenses came in at $2.4 million in Q2 2024, down 60.8% YoY from $6.1 million in Q3 2023, and down 12.03% on a QoQ basis from $2.7 million in Q1 2024.
Contango Silver & Gold (CTGO) Operating Expenses (2010 - 2024) Analysis & Trends
Contango Silver & Gold (CTGO) has 15 years of Operating Expenses data on file, last reported at $2.4 million in Q2 2024.
- Quarterly Operating Expenses fell 60.8% year-over-year to $2.4 million in Q2 2024, while the trailing twelve-month figure through Mar 2025 was $2.4 million (down 81.36% YoY) and the FY2023 annual result came in at $17.7 million, down 10.09% from the prior year.
- Operating Expenses fell to $2.4 million in Q2 2024, from $2.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $7.0 million in Q3 2022 to a low of $1.3 million in Q1 2020.
- A 5-year average of $3.7 million and a median of $3.1 million in 2021 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2020 — Operating Expenses surged 257.81% — and 2024, when it tumbled 60.8%.
- Tracing CTGO's Operating Expenses over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.35 Bn | 131.34 Bn | 4.03 Bn | 3.02 Bn |
| 2 | Agnico Eagle Mines | 108.48 Bn | 105.01 Bn | 2.43 Bn | 119.48 Mn |
| 3 | Barrick Mining | 79.18 Bn | 73.25 Bn | 2.90 Bn | 165.00 Mn |
| 4 | Wheaton Precious Metals | 71.69 Bn | 71.59 Bn | 687.86 Mn | 11.33 Mn |
| 5 | AngloGold Ashanti | 61.41 Bn | 58.58 Bn | 1.70 Bn | 1.06 Bn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.32 Bn | 20.75 Bn | 457,000.00 | -18,000.00 |
| 8 | Royal Gold | 21.97 Bn | 21.79 Bn | 390.45 Mn | 173.18 Mn |
| 9 | Coeur Mining | 21.74 Bn | 20.69 Bn | 535.85 Mn | 869.08 Mn |
| 10 | Contango Silver & Gold | 665.55 Mn | 576.40 Mn | 46.56 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 | 6.09 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 |