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Contango Ore (Contango Ore) 12-1 Month Momentum % : -34.53% (As of Apr. 29, 2024)


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What is Contango Ore 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-29), Contango Ore's 12-1 Month Momentum % is -34.53%.

The industry rank for Contango Ore's 12-1 Month Momentum % or its related term are showing as below:

CTGO's 12-1 Month Momentum % is ranked worse than
53.25% of 2601 companies
in the Metals & Mining industry
Industry Median: -32.88 vs CTGO: -34.53

Competitive Comparison of Contango Ore's 12-1 Month Momentum %

For the Gold subindustry, Contango Ore's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Contango Ore's 12-1 Month Momentum % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Contango Ore's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Contango Ore's 12-1 Month Momentum % falls into.


Contango Ore  (AMEX:CTGO) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Contango Ore  (AMEX:CTGO) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Contango Ore 12-1 Month Momentum % Related Terms

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Contango Ore (Contango Ore) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Contango Ore Inc (AMEX:CTGO) » Definitions » 12-1 Month Momentum %
Comparable Companies
FTCO GROY VRDR CMCL DC IDR AUGG HYMC NGLD VGZ SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
F85:Germany
Address
3700 Buffalo Speedway, Suite 925, Houston, TX, USA, 77098
Website
https://www.contangoore.com
Contango Ore Inc operates in the United States. The company is engaged in the exploration of gold, silver, and copper ores in the State of Alaska. The company's primary focus is the exploration of a mineral lease with the Native Village of Tetlin whose governmental entity is the Tetlin Tribal Council for the exploration of minerals near Tok, Alaska. It has formed a joint venture to advance exploration of the Tetlin Property, which is prospective for gold and associated minerals. The Tetlin Property is located in the Tetlin Hills and Mentasta Mountains of eastern interior Alaska.
Executives
Nieuwenhuyse Rick Van director, officer: President and CEO C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
John B Juneau director, officer: President and CEO 3700 BUFFALO SPEEDWAY, SUITE 960, HOUSTON TX 77098
Joseph S Compofelice director 24 WATERWAY AVENUE, STE 200, THE WOODLANDS TX 77380
Richard Shortz director 3700 BUFFALO SPEEDWAY, SUITE 925, HOUSTON TX 77098
Michael Aaron Clark officer: Executive VP-Finance 6202 OVERSTONE DR, WEST VANCOUVER Z4 V7W1X5
Leah S Gaines officer: Chief Financial Officer 3700 BUFFALO SPEEDWAY, SUITE 1010, HOUSTON TX 77098
Curtis J. Freeman director 3700 BUFFALO SPEEDWAY, STE. 925, HOUSTON TX 77098
Royal Gold Inc 10 percent owner 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Scott J. Reiman 10 percent owner, other: Member of 10% owner group 730 17TH STREET SUITE 800, DENVER CO 80202
Kenneth R. Peak Marital Trust 10 percent owner 2 LONGFELLOW LANE, HOUSTON TX 77005
Estate Of Kenneth R. Peak 10 percent owner C/O CONTANGO OIL & GAS COMPANY, 3700 BUFFALO SPEEDWAY, SUITE 960, HOUSTON TX 77098
Joseph G. Greenberg director 3700 BUFFALO SPEEDWAY, STE 960, HOUSTON TX 77098
Donald Gillen 10 percent owner 21 CAPILANO DRIVE, SASKATOON A9 S7K 4A4
Hexagon, Llc 10 percent owner, other: Member of 10% owner group 730 SEVENTEENTH STREET, SUITE 800, DENVER CO 80202
Sergio Castro officer: Vice President, CFO, Treasurer 2019 MOUNTAIN CREEK, PEARLAND TX 77584