Can CONTINENTAL GOLD INC’s Tomorrow be Different? The Stock Declines Again

 Can CONTINENTAL GOLD INC's Tomorrow be Different? The Stock Declines Again

The stock of CONTINENTAL GOLD INC (TSE:CNL) is a huge mover today! About 99,015 shares traded hands. CONTINENTAL GOLD INC (TSE:CNL) has risen 42.11% since April 25, 2016 and is uptrending. It has outperformed by 36.85% the S&P500.
The move comes after 5 months negative chart setup for the $497.12M company. It was reported on Nov, 29 by Barchart.com. We have $3.24 PT which if reached, will make TSE:CNL worth $29.83M 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 37.68% above today’s ($3.45) stock price. Continental Gold Limited has been the topic of 10 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The stock has “” rating given by Dundee Securities on Thursday, August 18. As per Wednesday, June 29, the company rating was maintained by Scotia Capital. The rating was reinitiated by Dundee Securities on Thursday, February 4 with “Buy”.

More important recent CONTINENTAL GOLD INC (TSE:CNL) news were published by: Marketwatch.com which released: “Continental Gold Extracts High-Grade Gold by Mechanized Long-Hole Mining at …” on February 04, 2016, also Seekingalpha.com published article titled: “What To Expect From Continental Gold In 2016”, 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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