Insider Buying: Contango Ore, Inc. (OTC:CTGO) CEO Acquires 10,000 Shares of Stock

Contango Ore, Inc. (OTC:CTGOGet Free Report) CEO Nieuwenhuyse Rick Van bought 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was purchased at an average cost of $12.89 per share, for a total transaction of $128,900.00. Following the completion of the transaction, the chief executive officer now directly owns 498,332 shares in the company, valued at approximately $6,423,499.48. This trade represents a 2.05 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Contango Ore Stock Down 1.8 %

Shares of OTC:CTGO opened at $11.43 on Friday. The stock has a market cap of $139.77 million, a price-to-earnings ratio of -1.46 and a beta of 0.48. Contango Ore, Inc. has a 12 month low of $11.35 and a 12 month high of $25.32.

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