Contango Ore, Inc. (OTC:CTGO) CEO Buys $128,900.00 in Stock

Contango Ore, Inc. (OTC:CTGO) CEO Nieuwenhuyse Rick Van purchased 10,000 shares of the stock in a transaction dated Tuesday, December 10th. The stock was acquired at an average price 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 of the company’s stock, valued at approximately $6,423,499.48. The trade was a 2.05 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Contango Ore Trading Down 6.4 %

CTGO stock opened at $11.64 on Friday. The company has a market capitalization of $142.33 million, a PE ratio of -1.49 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.