The stock of CONTINENTAL GOLD INC (TSE:CNL) is a huge mover today! About 166,333 shares traded hands. CONTINENTAL GOLD INC (TSE:CNL) has risen 124.58% since April 1, 2016 and is uptrending. It has outperformed by 122.62% the S&P500.
The move comes after 9 months negative chart setup for the $569.35 million company. It was reported on Nov, 7 by Barchart.com. We have $3.39 PT which if reached, will make TSE:CNL worth $45.55M less.
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 29.08% above today’s ($3.68) stock price. Continental Gold Limited has been the topic of 10 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The rating was maintained by Scotia Capital with “Sector Perform” on Wednesday, June 29. The rating was reinitiated by Dundee Securities on Thursday, February 4 with “Buy”. The stock of CONTINENTAL GOLD INC (TSE:CNL) earned “” rating by Dundee Securities on Thursday, August 18.
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 Seekingalpha.com published article titled: “Continental Gold: A Treasure Hidden In The Colombian Jungle”, Marketwatch.com published: “Continental Gold Extracts High-Grade Gold by Mechanized Long-Hole Mining at …” on February 04, 2016. 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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