After Today’s Huge Decline, Is CONTINENTAL GOLD INC’s Near-Term Analysis Negative?


The stock of CONTINENTAL GOLD INC (TSE:CNL) is a huge mover today! About 571,181 shares traded hands or 37.57% up from the average. CONTINENTAL GOLD INC (TSE:CNL) has risen 150.00% since February 5, 2016 and is uptrending. It has outperformed by 133.51% the S&P500.
The move comes after 8 months negative chart setup for the $614.35M company. It was reported on Sep, 13 by We have $3.95 PT which if reached, will make TSE:CNL worth $36.86M less.

Out of 2 analysts covering Continental Gold Limited (TSE:CNL), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Continental Gold Limited has been the topic of 8 analyst reports since September 16, 2015 according to StockzIntelligence Inc.

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