CONTANGO ORE INC. DL-,01

The board of directors of Contango Silver & Gold has adopted revised bylaws that, effective August 13, 2026, reduce the quorum required for a valid meeting to one-third (33 1/3%) of outstanding voting shares. The bylaws also update the company name to Contango Silver & Gold Inc. and adjust the director election procedures to align with changes already adopted in 2021. For the second quarter of 2026, the company reported adjusted earnings of $0.14 per share, missing the analysts' expectation of $0.655, although the stock showed intraday gains. » Más en de.investing.com

Contango Silver & Gold reported adjusted EPS of $0.14 for Q2 2026, missing the consensus estimate of $0.655; nevertheless, the stock rose 3.54%. The company maintained its annual production guidance of 40,000–45,000 ounces and expects rising production in H2 thanks to higher‑grade ore from the South pit. Contango has $89 million in cash, unwound its hedge book in July, and confirms a 2026 cash‑cost target range of $1,900–2,000 per ounce versus $2,665 in H1. Risks remain high first‑half costs, dependence on the gold price, and development risks at projects such as Lucky Shot, Kitsault Valley and Johnson Tract. » Más en de.investing.com

Contango Silver & Gold reported adjusted EPS of $0.14 for Q2/2026 versus a consensus estimate of $0.655, missing the mark by a wide margin; however, the stock rose 3.54% to $20.20. Management expects production to increase in H2 due to higher-grade ore from the South Pit and reaffirmed the annual production guidance of 40,000–45,000 ounces. Contango has unwound its hedge book, holds $89m in cash, and expects cash costs of $1,900–2,000 per ounce for 2026. Additional value drivers include distributions from the Man-Choh JV, ongoing drilling programs in Kitsault Valley and Lucky Shot, and an expected new resource estimate in Q3. » Más en de.investing.com