Contango Reports $25M Income for Q3-2025
Slice of Finance Team
11/14/2025
Key highlights
- Record operational income of $25 million.
- $107 million cash position at quarter's end.
- 16,669 ounces of gold sold with lower production costs.
- Feasibility studies underway for Lucky Shot mine.
- Next production campaign commences November 19, 2025.
Source: PR Newswire
Notable Quote
“ Production during the third quarter of 2025 continued to exceed quarterly guidance. ”
Rick Van Nieuwenhuyse, President and CEO at Contango ORE, Inc.
Why this matters
This announcement highlights Contango's strong financial performance, signaling robustness in their operational strategy and positioning in the gold mining industry. The effective management of production costs and the upcoming initiatives at the Lucky Shot mine may enhance Contango's market competitiveness, setting the stage for future growth. This development is particularly significant for the finance sector.
