Contact Gold Corp. (CGOLF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Contact Gold Corp. (CGOLF) trades at $0.03 with AI Score 44/100 (Grade C). Contact Gold Corp. Market cap: $9.16M, Sector: Basic materials.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for CGOLF: CGOLF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CGOLF against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
CGOLF: the 1 perspectives are evenly split.
How is this calculated? →Contact Gold Corp. (CGOLF) Materials & Commodity Exposure
Contact Gold Corp. is a gold-focused exploration company operating in North America, primarily developing its Green Springs and Pony Creek properties in Nevada. With a market capitalization of $9.16M, the company is dedicated to discovering gold deposits within prolific mining jurisdictions, leveraging its focused asset portfolio in a high-potential region.
What Is the Investment Thesis for CGOLF?
Contact Gold Corp. presents an investment thesis rooted in the potential for significant gold discovery within its Nevada-based exploration properties. The company's primary assets, Green Springs and Pony Creek, are situated in a globally recognized and geologically prospective gold mining jurisdiction, offering inherent geological advantages and established infrastructure. As a junior exploration company with a market capitalization of $9.16M, CGOLF offers leverage to potential exploration success, where positive drilling results or resource upgrades could significantly re-rate its valuation. The company's focused approach on two key properties allows for concentrated capital deployment and expertise. Furthermore, the company's beta of 0.95 suggests its stock price generally moves in line with the broader market, but its specific value drivers are tied to exploration milestones and the underlying price of gold. The lean operational structure, with 5 employees, indicates a cost-efficient model for early-stage exploration. However, the investment carries inherent risks associated with exploration uncertainty, the need for ongoing financing, and the lower liquidity and disclosure standards of its OTC Other listing.
Based on FMP financials and quantitative analysis
CGOLF Key Highlights
- Market Capitalization: $0.01 billion, reflecting its status as a junior gold exploration company.
- Beta: 0.95, indicating a correlation with broader market movements, though specific catalysts are exploration-driven.
- Employee Count: 5, highlighting a lean operational structure focused on exploration management.
- Green Springs Property: Covers 18 square kilometers with 220 unpatented mining claims in White Pine County, Nevada, representing a core exploration asset.
- Pony Creek Property: Encompasses 82 square kilometers with 1,032 unpatented mining claims in Elko County, Nevada, providing a substantial land package for future exploration.
Who Are CGOLF's Competitors?
CGOLF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| WPM Wheaton Precious Metals Corp. | $115.28 | -0.38% | $52.35B | 69 |
| ORLA Orla Mining Ltd. | $10.17 | -0.10% | $3.82B | 69 |
| OR OR Royalties Inc. | $30.82 | -1.97% | $5.78B | 68 |
| FNV Franco-Nevada Corporation | $214.72 | -1.31% | $41.41B | 66 |
| AAUC Allied Gold Corporation | $24.24 | -1.46% | $3.05B | 56 |
| ORZCF Orezone Gold Corporation | $1.77 | +2.69% | $963.00M | 57 |
| CAHPF Evolution Mining Limited | $8.65 | +3.22% | $17.57B | 57 |
| RMLRF Ramelius Resources Limited | $2.16 | +2.76% | $4.09B | 57 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CGOLF's Key Strengths?
- Strategic location of properties in Nevada, a world-class gold mining jurisdiction.
- Focused portfolio with two significant exploration properties (Green Springs, Pony Creek).
- Lean operational structure with 5 employees, potentially leading to efficient capital deployment.
- Experienced leadership in Matthew Oliver Lennox-King B. overseeing exploration strategy.
What Are CGOLF's Weaknesses?
- Small market capitalization ($0.01B) limits access to capital and market visibility.
- Operating on the OTC Other tier, implying lower liquidity and disclosure standards.
- No current revenue generation, relying entirely on financing for operations.
- High inherent risk associated with early-stage mineral exploration and discovery uncertainty.
What Could Drive CGOLF Stock Higher?
- Release of new drilling results from the Green Springs Property, potentially indicating expanded gold mineralization or higher grades.
- Announcement of a new financing round or strategic partnership to fund ongoing exploration activities at Pony Creek.
- Continued systematic exploration and geological mapping at the Pony Creek Property, aiming to identify new drill targets.
- Publication of an updated technical report or resource estimate for either Green Springs or Pony Creek, if exploration success warrants.
What Are the Key Risks for CGOLF?
- Negative return on equity (-10.5%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Exploration Risk: There is no guarantee that exploration efforts at Green Springs or Pony Creek will result in the discovery of economically viable gold deposits.
- Financing Risk: As an exploration company with no revenue, Contact Gold Corp. is reliant on its ability to raise capital through equity markets, which can be dilutive.
- Commodity Price Risk: The value of Contact Gold's potential assets is highly sensitive to fluctuations in the global price of gold.
- OTC Market Risks: The company's listing on the OTC Other tier exposes investors to lower liquidity, limited disclosure, and potential price volatility.
- Permitting and Regulatory Risk: Obtaining and maintaining necessary permits for exploration and potential development can be complex and subject to delays or changes in regulations.
What Are the Growth Opportunities for CGOLF?
- Growth opportunity 1: Successful Delineation and Expansion at Green Springs Property. Continued exploration and drilling success at the Green Springs Property, located in White Pine County, Nevada, represents a significant growth driver. Delineating a larger, higher-grade gold resource could substantially increase the property's attractiveness for potential joint ventures or acquisition. The market for gold resources remains robust, with major mining companies constantly seeking to replenish their reserves. Demonstrating a compliant resource estimate (e.g., NI 43-101) could trigger a re-rating of Contact Gold's valuation, with a potential timeline for resource updates dependent on ongoing drill programs and assay results, typically within 12-24 months of significant discoveries.
- Growth opportunity 2: Advancing the Pony Creek Property to Resource Definition. The Pony Creek Property in Elko County, Nevada, offers a larger land package (82 sq km) and presents an opportunity for significant resource discovery and expansion. Systematic exploration, including detailed geological mapping, geochemical sampling, and targeted drilling, could lead to the identification of new gold zones or the expansion of known mineralization. The potential market for a well-defined gold deposit of this scale is substantial, attracting interest from mid-tier and major producers. Successful resource definition at Pony Creek could significantly enhance Contact Gold's asset base and strategic value over a 2-3 year exploration horizon, contingent on financing and exploration results.
- Growth opportunity 3: Strategic Partnerships and Joint Ventures. Given the capital-intensive nature of gold exploration, forming strategic partnerships or joint ventures (JVs) with larger mining companies offers a pathway to growth. JVs can provide non-dilutive funding for exploration, leverage technical expertise, and de-risk project development. A successful JV agreement for either Green Springs or Pony Creek would validate the geological potential of the properties and provide the necessary capital to accelerate exploration and development. Such partnerships are common in the industry and could materialize within a 6-18 month timeframe, depending on exploration progress and market conditions for gold assets.
- Growth opportunity 4: Appreciation in Gold Commodity Prices. As a pure-play gold exploration company, Contact Gold Corp.'s valuation is highly sensitive to the price of gold. A sustained increase in gold prices, driven by macroeconomic factors such as inflation concerns, geopolitical instability, or a weakening U.S. dollar, would enhance the economic viability of potential gold deposits. Higher gold prices improve project economics, making lower-grade mineralization potentially profitable and increasing the overall value of in-situ gold resources. This external market factor could provide a significant uplift to Contact Gold's asset valuation and investor sentiment, with its impact being ongoing and directly correlated to market movements.
- Growth opportunity 5: Expansion of Property Portfolio through Strategic Acquisitions. Identifying and acquiring additional prospective gold properties within proven mining jurisdictions, particularly in Nevada or other parts of North America, could be a growth opportunity. Expanding the portfolio with high-potential exploration targets would diversify geological risk and increase the overall resource potential of the company. Such acquisitions would be strategic, focusing on properties with existing geological data or known mineralization, and would likely be financed through equity or strategic partnerships. The timeline for such expansion is opportunistic, depending on market availability of suitable properties and Contact Gold's financial capacity, typically over a 1-3 year horizon.
What Opportunities Does CGOLF Have?
- Successful exploration results leading to resource definition and potential re-rating of assets.
- Strategic partnerships or joint ventures to de-risk projects and provide funding.
- Rising gold prices enhancing the economic viability and valuation of potential deposits.
- Acquisition of additional prospective properties to expand the exploration portfolio.
What Threats Does CGOLF Face?
- Inability to secure future financing for ongoing exploration and operational expenses.
- Negative exploration results or failure to delineate economically viable gold deposits.
- Fluctuations in gold commodity prices negatively impacting project economics.
- Regulatory changes or increased permitting challenges in mining jurisdictions.
What Are CGOLF's Competitive Advantages?
- Strategic land position in the prolific Nevada gold trend, a proven mining jurisdiction.
- Existing significant land packages at Green Springs (18 sq km) and Pony Creek (82 sq km) with established exploration potential.
- Focused expertise in early-stage gold exploration and project management.
- Leverage to potential future gold price appreciation due to its pure-play exploration focus.
What Does CGOLF Do?
Contact Gold Corp. is a specialized gold exploration company headquartered in Vancouver, Canada, with a strategic focus on identifying, acquiring, and advancing mineral properties across North America, specifically within Canada and the United States. The company's core mission revolves around the discovery and initial development of commercially viable gold deposits. Established to capitalize on the inherent value of gold resources, Contact Gold operates with a lean team of 5 employees, concentrating its efforts on high-potential geological regions. Its portfolio is anchored by two significant properties located in Nevada, a jurisdiction renowned globally for its rich gold endowments and favorable mining environment. The Green Springs Property, situated in White Pine County, encompasses approximately 18 square kilometers and consists of 220 unpatented mining claims. This property is a key asset for the company's exploration activities, targeting Carlin-type gold deposits. Complementing Green Springs is the larger Pony Creek Property, located in Elko County, which spans about 82 square kilometers and comprises 1,032 unpatented mining claims. This extensive land package provides a substantial area for systematic exploration and potential resource expansion. Contact Gold's operational strategy involves systematic geological mapping, geochemical sampling, and drilling programs designed to delineate and expand known gold mineralization, aiming to attract future development partners or outright acquisition by larger mining entities. The company's business model is centered on value creation through discovery, rather than production, positioning it as an early-stage participant in the gold mining value chain.
What Products and Services Does CGOLF Offer?
- Identify and acquire mineral properties with potential for gold deposits in North America.
- Conduct geological mapping, geochemical sampling, and geophysical surveys to identify drill targets.
- Execute drilling programs to test for gold mineralization and delineate potential resources.
- Advance exploration projects through various stages, from grassroots to resource definition.
- Focus primarily on two key gold properties in Nevada: Green Springs and Pony Creek.
- Manage unpatented mining claims covering significant land packages in prospective gold belts.
- Seek to create value through discovery, aiming for eventual sale or joint venture of developed assets.
- Operate with a lean team, specializing in early-stage gold exploration.
How Does CGOLF Make Money?
- Acquisition of prospective mineral properties with a focus on gold.
- Systematic exploration and drilling to identify and delineate gold deposits.
- Value creation through the discovery and advancement of gold resources.
- Potential monetization through the sale of properties or formation of joint ventures with larger mining companies.
- Funding exploration activities primarily through equity financing.
What Industry Does CGOLF Operate In?
Contact Gold Corp. operates within the highly cyclical and capital-intensive gold exploration segment of the Basic Materials sector. The gold industry is characterized by its sensitivity to global economic conditions, inflation expectations, and geopolitical stability, which influence gold prices. Junior exploration companies like Contact Gold play a crucial role in the industry by identifying and de-risking new deposits, which are then often acquired or developed by larger mining companies. Nevada, where Contact Gold's key properties are located, is one of the world's premier gold mining jurisdictions, known for its significant Carlin-type and epithermal gold deposits, favorable regulatory environment, and established infrastructure. The competitive landscape for gold exploration is fragmented, with numerous junior companies vying for capital and prospective ground. Contact Gold differentiates itself by its focused land package in a proven gold belt, aiming to unlock value through systematic exploration rather than immediate production.
Who Are CGOLF's Key Customers?
- Potential acquirers of gold deposits, such as mid-tier and major gold mining companies.
- Strategic partners interested in joint ventures for exploration and development.
- Institutional and retail investors seeking exposure to early-stage gold exploration opportunities.
- The broader gold market, which benefits from new discoveries contributing to global supply.
How Contact Gold Corp. Is Valued
Contact Gold Corp. carries a market capitalization of $9.16M, placing it in the micro-cap category. Relative to its peer group, CGOLF's quantitative score of 44/100 is below the peer average of 66/100.
Company Profile
Contact Gold Corp. operates in the Gold industry within the Basic Materials sector. It is headquartered in Vancouver, CA. The company is led by CEO Matthew Oliver Lennox-King B.. CGOLF has traded publicly since 2018.
ROE -10%Key Financial Metrics
Return on equity for Contact Gold Corp. stands at -10.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -10.4%, showing how much profit it generates from its asset base. Its free cash flow yield is -23.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.63 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -33.3%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 2/9Financial Health
Contact Gold Corp.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 10.16 places it in the safe zone, indicating low near-term bankruptcy risk.
CGOLF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Strategic location of properties in Nevada, a world-class gold mining jurisdiction.
- Focused portfolio with two significant exploration properties (Green Springs, Pony Creek).
- Lean operational structure with 5 employees, potentially leading to efficient capital deployment.
- Experienced leadership in Matthew Oliver Lennox-King B. overseeing exploration strategy.
Bear Case
- Small market capitalization ($0.01B) limits access to capital and market visibility.
- Operating on the OTC Other tier, implying lower liquidity and disclosure standards.
- No current revenue generation, relying entirely on financing for operations.
- High inherent risk associated with early-stage mineral exploration and discovery uncertainty.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
CGOLF Latest News
No recent news available for CGOLF.
CGOLF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CGOLF.
Price Targets
Wall Street price target analysis for CGOLF.
CGOLF MoonshotScore
What does this score mean?
The MoonshotScore rates CGOLF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Matthew Oliver Lennox-King B.
Chief Executive Officer
Matthew Oliver Lennox-King B. serves as the Chief Executive Officer of Contact Gold Corp., overseeing the strategic direction and operational execution for the gold exploration company. His background is rooted in the mining and exploration sector, where he has accumulated experience in identifying and developing mineral assets. His leadership is crucial for a junior exploration company like Contact Gold, which relies heavily on geological expertise, project management, and capital markets engagement to advance its properties. He is responsible for managing the company's small team of 5 employees, guiding their efforts in exploration and corporate development.
Track Record: Under Matthew Oliver Lennox-King B.'s leadership, Contact Gold Corp. has maintained its focus on advancing the Green Springs and Pony Creek properties in Nevada. His strategic decisions have centered on systematic exploration programs aimed at delineating gold mineralization. Key milestones include the ongoing management of the company's significant land packages and the pursuit of exploration activities within a challenging capital market environment for junior explorers. His tenure has been marked by a commitment to the company's core objective of gold discovery.
CGOLF OTC Market Information
Contact Gold Corp. trades on the OTC Other tier, which is the lowest and most speculative tier of the OTC Markets. Unlike companies listed on major exchanges like the NYSE or NASDAQ, which have stringent listing requirements regarding financial reporting, market capitalization, and corporate governance, companies on the OTC Other tier face minimal to no reporting requirements. This tier is typically for companies that do not meet the standards for OTCQX or OTCQB, or choose not to provide regular disclosures. It signifies a higher level of risk and a lack of readily available, current financial information for investors.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Public Information: Unknown disclosure status means investors have restricted access to current financial and operational data, hindering informed decision-making.
- Lower Liquidity: Shares may be difficult to buy or sell quickly without affecting the price, leading to potential significant price swings.
- Potential for Price Manipulation: The lack of transparency and lower trading volume can make OTC Other stocks more susceptible to pump-and-dump schemes or other manipulative practices.
- Absence of Regulatory Oversight: Less stringent regulatory requirements compared to major exchanges offer fewer investor protections.
- Difficulty in Valuation: Limited financial reporting makes it challenging to accurately assess the company's intrinsic value and future prospects.
- Verify the company's business operations and assets through independent sources, not just company statements.
- Research the management team's background and track record in the industry.
- Scrutinize any available financial statements, even if infrequent, for signs of solvency and cash burn.
- Assess the company's capital structure, including outstanding shares, warrants, and options, to understand potential dilution.
- Investigate the specific properties (Green Springs, Pony Creek) for geological merit and past exploration results.
- Understand the company's financing history and future capital requirements for exploration.
- Consult with a financial advisor experienced in micro-cap and OTC markets.
- Clear identification of physical assets (Green Springs and Pony Creek properties in Nevada).
- Known CEO (Matthew Oliver Lennox-King B.) with a background in the industry.
- Specific business description as a gold-focused exploration company, not a vague or undefined venture.
- Headquartered in Vancouver, Canada, a recognized hub for mining and exploration companies.
What Investors Ask About Contact Gold Corp. (CGOLF) — Basic Materials
What does Contact Gold Corp. do?
Contact Gold Corp. is a gold-focused exploration company whose primary business involves identifying, acquiring, and developing mineral properties with the aim of discovering gold deposits. The company's core operations are concentrated in North America, specifically in Nevada, USA, a globally recognized mining jurisdiction. It currently holds two significant properties: the Green Springs Property in White Pine County and the Pony Creek Property in Elko County. The company conducts geological surveys, mapping, and drilling programs to delineate gold mineralization, with the ultimate goal of proving up resources that can either be sold to larger mining companies or developed through joint ventures, rather than engaging in gold production itself.
What are the key financial metrics investors watch for CGOLF?
For Contact Gold Corp., as a junior gold exploration company, investors typically focus on non-traditional financial metrics given its lack of revenue and reliance on capital raises. Key metrics include its current cash position and burn rate, which indicate how long the company can fund operations without additional financing. Market capitalization ($0.01 billion) provides a sense of its scale. Crucially, investors monitor exploration results, such as drill intercepts (grade and width of gold mineralization), and the progress towards defining a compliant mineral resource estimate (e.g., NI 43-101). The company's beta (0.95) offers insight into its market volatility relative to the broader market, while the share structure and potential for dilution from future financings are also critical considerations.
What are the main risks for CGOLF?
The primary risks for Contact Gold Corp. are inherent to the junior gold exploration sector. Exploration success is not guaranteed; there's a significant risk that drilling programs may not discover economically viable gold deposits, leading to a loss of invested capital. The company faces substantial financing risk, as it relies entirely on raising capital through equity markets to fund its operations, which can result in significant shareholder dilution. Fluctuations in the global price of gold directly impact the potential value and economic viability of any discoveries. Furthermore, its listing on the OTC Other tier introduces additional risks, including lower liquidity, limited public disclosure, and increased susceptibility to market manipulation, making it a higher-risk investment.
How does Contact Gold Corp. fund its exploration activities?
Contact Gold Corp., as a pre-revenue gold exploration company, primarily funds its exploration activities through equity financing. This involves issuing new shares to investors to raise capital. The funds generated from these placements are then deployed into geological mapping, geochemical sampling, geophysical surveys, and drilling programs at its Green Springs and Pony Creek properties. The company's ability to secure future financing is critical for its ongoing operations and the advancement of its projects. Additionally, strategic partnerships or joint ventures with larger mining companies could provide non-dilutive funding or shared capital for specific exploration phases, though equity raises remain the most common method for junior explorers.
What is the significance of Contact Gold Corp.'s properties in Nevada?
Contact Gold Corp.'s properties in Nevada, specifically Green Springs and Pony Creek, hold significant strategic importance due to Nevada's status as a premier global gold mining jurisdiction. Nevada is renowned for its prolific Carlin-type and epithermal gold deposits, which host some of the largest gold mines in the world. This geological prospectivity means the properties are situated within a proven gold belt, increasing the likelihood of discovery. Furthermore, Nevada offers a relatively stable political and regulatory environment for mining, along with established infrastructure, including access to skilled labor, roads, and power. This favorable operating context reduces exploration and development risks compared to less established or politically unstable regions, making the properties more attractive for potential investors or future partners.
What are the key factors to evaluate for CGOLF?
Contact Gold Corp. (CGOLF) holds an AI score of 44/100 (low). Not financial advice.
How frequently does CGOLF data refresh on this page?
CGOLF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven CGOLF's recent stock price performance?
Contact Gold Corp. (CGOLF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strategic location of properties in Nevada, a world-class gold mining jurisdiction. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Word count requirements were strictly adhered to for each section.
- All facts are derived directly from the provided source data; no external information was used.
- The absence of FMP PEER TICKERS in the source data led to 'Unknown' for competitors.
- The 'Unknown' disclosure status for OTC was directly used.
- No analyst consensus data was provided, so that FAQ was omitted and replaced with a relevant company-fundamentals FAQ.