Contango ORE, Inc. CTGO

Competitive advantage analysis · basic-materials

Corporate Default
Overall moat score
19/100
Weak

About Contango ORE, Inc.

Contango Ore, Inc., an exploration stage company, engages in the exploration and development of mineral properties in Alaska, the United States. It explores for gold, silver, and copper ores. The company was founded in 2009 and is headquartered in Fairbanks, Alaska. Full CTGO analysis →

Competitive advantage assessment

Key risks

  • Elevated Debt Risk Debt serviceability is weak (score 0.28), raising refinancing risk.
  • Liquidity Concerns Liquidity is concerning (score 0.06), raising questions about short-term obligations.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Insufficient Data
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Where CTGO ranks in Gold

Contango ORE, Inc. ranks #46 of 49 scored companies in Gold by moat score — the top 94%. The widest moat in the group is Agnico Eagle Mines Limited (AEM) at 78/100.

Moat scores for companies ranked near CTGO in Gold
# Company Moat score Rating
41 Novagold Resources Inc. NG 23/100 Weak
42 Hycroft Mining Holding Corporat HYMCL 22/100 Weak
43 GoldMining Inc. GLDG 22/100 Weak
44 Gold Resource Corporation GORO 22/100 Weak
45 Vista Gold Corp VGZ 20/100 Weak
46 Contango ORE, Inc. CTGO 19/100 Weak
47 i-80 Gold Corp. IAUX 18/100 Weak
48 New Found Gold Corp NFGC 15/100 Weak
49 Sandstorm Gold Ltd. SAND 0/100 Weak

See every Commodities & Mining company ranked by moat score →

How CTGO scores on the Corporate Default defenses

Pricing Power

Not measurable · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Not measurable · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Not measurable · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 18 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 20 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Not measurable · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding CTGO's moat

What is Contango ORE, Inc.'s moat score?

Contango ORE, Inc. (CTGO) scores 19 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as weak. It ranks #46 of 49 scored companies in Gold, the top 94%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 48 companies in Gold. Its strongest defense is Resilience (20/100) and its weakest is Capital Efficiency (18/100).

How does Contango ORE, Inc. compare with other Gold companies?

Contango ORE, Inc. ranks #46 of 49 scored companies in Gold by moat score. The widest moat in Gold is Agnico Eagle Mines Limited (AEM) at 78/100. The companies ranked closest are Vista Gold Corp (VGZ) at 20 just above it and i-80 Gold Corp. (IAUX) at 18 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 48 companies in Gold. The defenses are then weighted to produce the overall score out of 100.

Why is Contango ORE, Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Contango ORE, Inc.?

The Corporate Default template measures 6 defenses, and CTGO scores: Pricing Power (not measurable), Cost Advantage (not measurable), Customer Stickiness (not measurable), Capital Efficiency (18), Resilience (20), Scale & Market Position (not measurable). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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