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Contango Silver & Gold CTGO Exploration — Claim Rental Expense

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Other financials

Income statement

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Operating income$4.8M-75.0%
Net income-$14.3M+36.6%
EPS (diluted)-$0.83+55.9%

Balance sheet

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Cash & equivalents$97.5M+179%
Total debt$33.0M-41.2%
Total equity$321.5M+1,668%
Total assets$496.2M+237%

Cash flow

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Operating cash flow-$49.6M-274%
CapEx$150.5K
Free cash flow$23.3M+33.2%

Valuation

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Market cap$653.87M+134%
Enterprise value$589.4M+102%

Returns & leverage

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Return on equity-273.7%
Debt / equity0.1×
Current ratio1.3×+0.9×

Where this comes from

Reported directly by Contango Silver & Gold in its filing.

Tagged under the XBRL concept ctgo:ClaimRentalExpense.

The source filing: Contango Silver & Gold’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 8:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-222855
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
EXPENSES:
Claim rental$(128,261)$(108,839)
Exploration(3,834,816)(460,003)
Depreciation(39,590)(33,622)
Accretion(82,332)
General and administrative(3,863,839)(2,448,066)
Total expenses(7,948,838)(3,050,530)
Income from equity investment in Peak Gold, LLC12,758,22822,320,034

Item 1 - Financial Statements

FAQ

What is Contango Silver & Gold's exploration — claim rental expense?
Contango Silver & Gold (CTGO) reported exploration — claim rental expense of $128.26K in Q1 2026.
How has Contango Silver & Gold's exploration — claim rental expense changed year-over-year?
Contango Silver & Gold's exploration — claim rental expense increased by 17.8% year-over-year, from $108.84K to $128.26K.
What is the long-term trend for Contango Silver & Gold's exploration — claim rental expense?
Over 2 years (2023 to 2025), Contango Silver & Gold's exploration — claim rental expense has grown at a -6.1% compound annual growth rate (CAGR), from $526.28K to $463.95K.
What does exploration — claim rental expense mean?
Represents the recurring costs associated with maintaining legal rights to mineral claims or land leases. These payments are essential for securing the company's tenure over prospective exploration sites and ensuring compliance with regional mining regulations.

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