Contango Reports $4.8 Million Q2 Net Income and $89 Million Cash

Contango Silver and Gold Inc. (CTGO) reported net income of $4.8 million, or $0.14 per fully diluted share, for the quarter ended June 30, 2026. The company reported a total loss from operations of $8.5 million and ended the quarter with $89.0 million in cash and cash equivalents.

Contango received a $9.0 million cash distribution from the Peak Gold JV during the quarter. Its share of Manh Choh production sold totaled 8,627 ounces of gold and 10,319 ounces of silver.

• Q2 net income was $4.8 million, compared with $15.9 million in Q2 2025.
• Cash and cash equivalents were $89.0 million at June 30, 2026, versus $64.8 million at December 31, 2025.
• Contango repaid $1.0 million on its credit facility during Q2, reducing principal to $12.6 million before the July credit-facility amendment.
• The company said its third 2026 Manh Choh mining campaign is scheduled to begin in late August, with guidance of 11,000 to 12,000 gold equivalent ounces attributable to Contango.
• Contango stated 2026 production guidance of 40,000 to 45,000 gold ounces.

$CTGO Insider Trading Activity

$CTGO insiders have traded $CTGO stock on the open market 5 times in the past 6 months. Of those trades, 2 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $CTGO stock by insiders over the last 6 months:

• NIEUWENHUYSE RICK VAN (President & CEO) has made 1 purchase buying 4,111 shares for an estimated $62,651 and 1 sale selling 21,621 shares for an estimated $387,448.
• CLYNTON R. NAUMAN purchased 10,000 shares for an estimated $185,600
• MICHAEL AARON CLARK (CFO & Secretary) sold 10,075 shares for an estimated $180,544
• DAVID GREGORY LARIMER (VP Exploration) sold 2,775 shares for an estimated $49,728

To track insider transactions, check out Quiver Quantitative’s insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$CTGO Hedge Fund Activity

We have seen 90 institutional investors add shares of $CTGO stock to their portfolio, and 55 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• STATE STREET CORP added 2,061,916 shares (+747.7%) to their portfolio in Q2 2026, for an estimated $32,557,653
• BLACKROCK, INC. added 839,137 shares (+63.3%) to their portfolio in Q2 2026, for an estimated $13,249,973
• ALYESKA INVESTMENT GROUP, L.P. added 513,144 shares (+59.4%) to their portfolio in Q1 2026, for an estimated $9,231,460
• GLAZER CAPITAL, LLC removed 320,075 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $5,758,149
• TIDAL INVESTMENTS LLC removed 220,105 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $3,475,457
• FEDERATED HERMES, INC. removed 204,777 shares (-71.0%) from their portfolio in Q2 2026, for an estimated $3,233,428
• BANK OF AMERICA CORP /DE/ added 197,492 shares (+1908.3%) to their portfolio in Q1 2026, for an estimated $3,552,881

To track hedge funds’ stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.