What does joint venture company — accretion expense mean?

Represents the periodic increase in the carrying amount of an asset retirement obligation due to the passage of time. This is a non-cash expense related to the future environmental reclamation and closure costs of exploration or mining sites.

Contango Silver & Gold CTGO Joint Venture Company — Accretion Expense

Other segment segments

Exploration

$82.33K—

Similar metrics at other companies

CRCAccretion Expense

$27M-6.9%

PSXAccretion Expense

$12M0.0%

COPAccretion Expense

$91.5M+14.7%

COPAccretion Expense

$97M+3.2%

CDEAccretion Expense

$4.84M+2.3%

RSGAccretion Expense

$30M+7.1%

Other financials

Income statement

See full

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

See full

Market cap$459.11M+81.8%

Enterprise value$394.63M+44.2%

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:AccretionExpense.

The official record: Contango Silver & Gold ’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Contango Silver & Gold 's joint venture company — accretion expense?: Contango Silver & Gold (CTGO) reported joint venture company — accretion expense of $0 in Q1 2026.
What does joint venture company — accretion expense mean?: Represents the periodic increase in the carrying amount of an asset retirement obligation due to the passage of time. This is a non-cash expense related to the future environmental reclamation and closure costs of exploration or mining sites.