🔴 Contango ORE is trading 5.5% down in after-hours trading as gold falls to a three-and-a-half-month low

Contango ORE is trading 5.5% down at $13.01 in after-hours trading on October 30 as gold weakness pressured precious-metals stocks. - It followed a 7.31% regular-session decline; available coverage surfaced no clear company-specific explanation. - Reuters reported spot gold down 1% at $3,980.40 by 1107 GMT, a three-and-a-half-month low, amid inflation concerns, rising crude prices and expectations of higher interest rates. - The broader market weakened: the S&P 500 was down 1.74% and Nasdaq was down 3.08%.