What Next for CONTINENTAL GOLD INC Stock After Today’s Huge Increase?

 What Next for CONTINENTAL GOLD INC Stock After Today's Huge Increase?

The stock of CONTINENTAL GOLD INC (TSE:CNL) is a huge mover today! About 82,051 shares traded hands. CONTINENTAL GOLD INC (TSE:CNL) has risen 120.96% since March 28, 2016 and is uptrending. It has outperformed by 117.94% the S&P500.
The move comes after 8 months positive chart setup for the $522.61M company. It was reported on Nov, 1 by Barchart.com. We have $5.95 PT which if reached, will make TSE:CNL worth $308.34M more.

CONTINENTAL GOLD INC (TSE:CNL) Ratings Coverage

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 27.01% above today’s ($3.74) stock price. Continental Gold Limited has been the topic of 10 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Dundee Securities on Thursday, February 4. The stock has “” rating given by Dundee Securities on Thursday, August 18. The firm earned “Sector Perform” rating on Wednesday, June 29 by Scotia Capital.

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 03, 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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