What’s in CONTINENTAL GOLD INC After Today’s Huge Increase?

 What's in CONTINENTAL GOLD INC After Today's Huge Increase?

The stock of CONTINENTAL GOLD INC (TSE:CNL) is a huge mover today! About 93,140 shares traded hands. CONTINENTAL GOLD INC (TSE:CNL) has risen 144.52% since March 14, 2016 and is uptrending. It has outperformed by 138.97% the S&P500.
The move comes after 6 months positive chart setup for the $536.59 million company. It was reported on Oct, 19 by Barchart.com. We have $5.40 PT which if reached, will make TSE:CNL worth $203.90M more.


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. $6 is the highest target while $3.40 is the lowest. The $4.75 average target is 21.48% above today’s ($3.91) stock price. Continental Gold Limited has been the topic of 10 analyst reports since August 24, 2015 according to StockzIntelligence Inc. On Wednesday, June 29 the stock rating was maintained by Scotia Capital with “Sector Perform”. The stock of CONTINENTAL GOLD INC (TSE:CNL) has “” rating given on Thursday, August 18 by Dundee Securities. On Thursday, February 4 the stock rating was reinitiated by Dundee Securities with “Buy”.

More important recent CONTINENTAL GOLD INC (TSE:CNL) news were published by: Seekingalpha.com which released: “What To Expect From Continental Gold In 2016” on December 04, 2015, also Marketwatch.com published article titled: “Continental Gold Extracts High-Grade Gold by Mechanized Long-Hole Mining at …”, Seekingalpha.com published: “Continental Gold: A Treasure Hidden In The Colombian Jungle” on October 13, 2015. More interesting news about CONTINENTAL GOLD INC (TSE:CNL) was released by: Marketwired.com and their article: “Continental Gold Announces $25 Million Bought Deal” with publication date: May 03, 2016.

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