Bank of America Corp DE Boosts Stake in Contango ORE, Inc. $CTGO
Market Beat·- Bank of America Corp DE significantly increased its stake in Contango ORE, Inc. by 1,908.3% during the 1st quarter, holding 207,841 shares valued at $3,897,000. - Several institutional investors and hedge funds, including Alyeska Investment Group and Franklin Resources Inc., also adjusted their positions in the company. - Contango ORE reported positive quarterly earnings per share of $0.14, beating consensus estimates while maintaining active insider transactions and a consensus analyst rating of Moderate Buy.Contango ORE (NYSEAMERICAN:CTGO) Releases Quarterly Earnings Results, Beats Estimates By $0.18 EPS
Market Beat·- Contango ORE reported quarterly earnings of $0.14 per share, beating consensus estimates of ($0.04) by $0.18. - The company's stock traded up $0.66 to reach $20.14, with a market capitalization of $651.96 million. - CEO Nieuwenhuyse Rick Van purchased 4,111 shares valued at $62,651.64, while institutional investors hold 19.14% of the stock.