Shares of Contango Ore Inc (CTGO, Financial) fell 3.95% in mid-day trading on Sep 16. The stock reached an intraday low of $20.21, before recovering slightly to $20.42, down from its previous close of $21.26. This places CTGO 19.35% below its 52-week high of $25.32 and 45.55% above its 52-week low of $14.03. Trading volume was 23,979 shares, 36.0% of the average daily volume of 66,646.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Contango Ore Inc (CTGO, Financial) is $33.48 with a high estimate of $40.00 and a low estimate of $29.67. The average target implies an upside of 63.95% from the current price of $20.42. More detailed estimate data can be found on the Estimates page.
Based on the consensus recommendation from 6 brokerage firms, Contango Ore Inc's (CTGO, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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