Contango Historical Valuation

CTGO Stock  USD 23.77  0.44  1.82%   
Some fundamental drivers such as market cap or Contango ORE enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Contango ORE valuation indicators such as Working Capital of 0.0 or Enterprise Value of 205 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Contango ORE's future value.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Contango ORE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.

About Contango Valuation Data Analysis

Valuation is the financial process of determining what Contango ORE is worth. Contango ORE valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Contango ORE valuation ratios help investors to determine whether Contango Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Contango with respect to the benefits of owning Contango ORE security.

Contango ORE Valuation Data Chart

As of the 9th of June 2024, Market Cap is likely to grow to about 174.6 M. Also, Enterprise Value is likely to grow to about 205 M

Enterprise Value

Enterprise Value (or EV) is usually referred to as Contango ORE theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Contango ORE debt, but would also pocket its cash. Enterprise Value is more accurate representation of Contango ORE value than its market capitalization because it takes into account all of Contango ORE existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

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Additional Information and Resources on Investing in Contango Stock

When determining whether Contango ORE offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Contango ORE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Contango Ore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Contango Ore Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Contango ORE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Contango ORE. If investors know Contango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Contango ORE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.04)
Return On Assets
(0.21)
Return On Equity
(5.05)
The market value of Contango ORE is measured differently than its book value, which is the value of Contango that is recorded on the company's balance sheet. Investors also form their own opinion of Contango ORE's value that differs from its market value or its book value, called intrinsic value, which is Contango ORE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Contango ORE's market value can be influenced by many factors that don't directly affect Contango ORE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Contango ORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contango ORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contango ORE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.