Contango Ore Inc’s recent filing unveils that its President & CEO Van Nieuwenhuyse Rick acquired Company’s shares for reported $0.1 million on Apr 22 ’25. In the deal valued at $13.70 per share,7,500 shares were bought. As a result of this transaction, Van Nieuwenhuyse Rick now holds 558,369 shares worth roughly $10.17 million.
Then, Green Darwin sold 1,500 shares, generating $15,600 in total proceeds. Upon selling the shares at $10.40, the Director now owns 35,812 shares.
Before that, Van Nieuwenhuyse Rick bought 5,000 shares. Contango Ore Inc shares valued at $51,100 were divested by the President & CEO at a price of $10.22 per share. As a result of the transaction, Van Nieuwenhuyse Rick now holds 550,869 shares, worth roughly $10.04 million.
Maxim Group initiated its Contango Ore Inc [CTGO] rating to a Buy in a research note published on September 14, 2023; the price target was $36.
Price Performance Review of CTGO
On Friday, Contango Ore Inc [AMEX:CTGO] saw its stock jump 2.07% to $18.22. Over the last five days, the stock has gained 23.44%. Contango Ore Inc shares have risen nearly 81.84% since the year began. Nevertheless, the stocks have fallen -15.37% over the past one year. While a 52-week high of $25.32 was reached on 05/23/25, a 52-week low of $8.85 was recorded on 03/04/25. SMA at 50 days reached $12.62, while 200 days put it at $14.86.
Levels Of Support And Resistance For CTGO Stock
The 24-hour chart illustrates a support level at 17.55, which if violated will result in even more drops to 16.87. On the upside, there is a resistance level at 18.85. A further resistance level may holdings at 19.47. The Relative Strength Index (RSI) on the 14-day chart is 75.14, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.65, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.43%. Stochastics %K at 93.93% indicates the stock is a selling.
How much short interest is there in Contango Ore Inc?
A steep rise in short interest was recorded in Contango Ore Inc stocks on 2025-04-30, dropping by -0.1 million shares to a total of 0.93 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 1.04 million shares. There was a decline of -11.23%, which implies that there is a negative sentiment for the stock.
