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CTGO (Contango Ore) GF Value Rank : 0 (As of Dec. 13, 2024)


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What is Contango Ore GF Value Rank?

Contango Ore has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Contango Ore GF Value Rank Related Terms

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Contango Ore Business Description

Traded in Other Exchanges
Address
3700 Buffalo Speedway, Suite 925, Houston, TX, USA, 77098
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
John B Juneau director, officer: President and CEO 3700 BUFFALO SPEEDWAY, SUITE 960, HOUSTON TX 77098
Richard Shortz director 3700 BUFFALO SPEEDWAY, SUITE 925, HOUSTON TX 77098
Joseph S Compofelice director 24 WATERWAY AVENUE, STE 200, THE WOODLANDS TX 77380
Michael Aaron Clark officer: Executive VP-Finance 6202 OVERSTONE DR, WEST VANCOUVER Z4 V7W1X5
Nieuwenhuyse Rick Van director, officer: President and CEO C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
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