Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Contango Ore Inc shares valued at $15,600 were sold by Green Darwin on Mar 31 ’25. At $10.40 per share, Green Darwin sold 1,500 shares. The insider’s holdings dropped to 35,812 shares worth approximately $0.51 million following the completion of this transaction.
Also, Van Nieuwenhuyse Rick purchased 5,000 shares, netting a total of over 51,100 in proceeds. Following the buying of shares at $10.22 each, the insider now holds 550,869 shares.
Before that, Van Nieuwenhuyse Rick had added 10,000 shares to its account. In a trade valued at $99,800, the President & CEO bought Contango Ore Inc shares for $9.98 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $7.8 million.
As published in their initiating research note from Maxim Group on September 14, 2023, Contango Ore Inc [CTGO] has been a Buy and the price target has been revised to $36.
Analyzing CTGO Stock Performance
During the last five days, there has been a surge of approximately 31.01%. Over the course of the year, Contango Ore Inc shares have jumped approximately 42.51%. Shares of the company reached a 52-week high of $14.94 on 04/16/25 and a 52-week low of $8.85 on 03/04/25. A 50-day SMA is recorded $10.28, while a 200-day SMA reached $15.69.
Support And Resistance Levels for Contango Ore Inc (CTGO)
According to the 24-hour chart, there is a support level at 13.74, which, if violated, would cause prices to drop to 13.20. In the upper region, resistance lies at 14.87. The next price resistance is at 15.46. RSI (Relative Strength Index) is 74.68 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.07, which suggests the price will increase in the coming days. Percent R is at 11.54%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
