• Contango Silver & Gold (CTGO) surged 7.6% in after-hours trading, reaching $16.94, following the amendment of its Credit and Guarantee Agreement on July 8, 2026.
  • The amendment adds approximately $33 million of term loans, reduces the applicable margin to 3.63%, and converts remaining gold hedges into debt, unlocking full gold price upside and positioning the company for major production and cash flow growth.
  • This move follows a 5.1% decline in regular trading hours on July 8, suggesting a strong positive market reaction to the financial restructuring.