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Contango Silver & Gold CTGO Exploration Expense

Exploration Expense at other companies

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$53M+15.2%
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$436.91K-41.4%
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$53.1M+306%
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$531.84K+138%
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$182K-23.8%
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$14.9M+8.8%

Segments

By segment

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Exploration$2.93M+1,132%

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 us-gaap:ExplorationExpense.

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 expense?
Contango Silver & Gold (CTGO) reported exploration expense of $3.83M in Q1 2026.
How has Contango Silver & Gold's exploration expense changed year-over-year?
Contango Silver & Gold's exploration expense increased by 733.7% year-over-year, from $460K to $3.83M.
What is the long-term trend for Contango Silver & Gold's exploration expense?
Over 3 years (2022 to 2025), Contango Silver & Gold's exploration expense has grown at a -12.2% compound annual growth rate (CAGR), from $8.6M to $5.82M.
What does exploration expense mean?
Includes all costs incurred in the search for mineral deposits, including geological surveys, drilling, and site analysis. This is a primary indicator of a company's commitment to future resource growth and asset development. Investors monitor this to assess the company's pipeline for potential new reserves.

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