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Contango Silver & Gold CTGO Exploration — Operating Income

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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$651.86M+134%
Enterprise value$587.39M+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 us-gaap:OperatingIncomeLoss.

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
Three Months Ended March 31, 2026ExplorationPeak Gold JVCorporate and other reconciling itemsConsolidated
General and administrative$(178,919)$(3,684,920)$(3,863,839)
Total expenses$(4,261,271)$(3,687,567)$(7,948,838)
Income from equity investment in Peak Gold, LLC$12,758,228$12,758,228
Total income/(loss) from operations$(4,261,271)$12,758,228$(3,687,567)$4,809,390
OTHER INCOME/(EXPENSE):
Interest and other income$870,018$870,018
Interest expense$(919,708)$(919,708)
Loss on derivative contracts$(19,026,382)$(19,026,382)

Item 1 - Financial Statements

FAQ

What is Contango Silver & Gold's exploration — operating income?
Contango Silver & Gold (CTGO) reported exploration — operating income of -$4.26M in Q1 2026.
How has Contango Silver & Gold's exploration — operating income changed year-over-year?
Contango Silver & Gold's exploration — operating income decreased by 462.4% year-over-year, from -$757.64K to -$4.26M.
What is the long-term trend for Contango Silver & Gold's exploration — operating income?
Over 2 years (2023 to 2025), Contango Silver & Gold's exploration — operating income has grown at a -13.0% compound annual growth rate (CAGR), from -$9.1M to -$6.88M.
What does exploration — operating income mean?
Calculated as the segment's total revenue minus its operating expenses, representing the core profitability of exploration activities. This is a key performance indicator for assessing the financial viability of the company's exploration strategy before financing and tax considerations.

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