Analyst Ratings For Continental Gold (TSE:CNL)
Today, Continental Gold (TSE:CNL) stock received an upgrade by Scotiabank from Sector Perform to Outperform with a price target of C$5.50.
There are 1 hold rating, 3 buy ratings on the stock.
The current consensus rating on Continental Gold (TSE:CNL) is Buy (Score: 2.75) with a consensus target price of C$6.08 per share, a potential .
Some recent analyst ratings include
- 5/15/2017-Scotiabank Upgrade from a “Sector Perform ” rating to a ” Outperform” rating.
- 1/25/2017-Dundee Securities initiated coverage with a Buy rating.
About Continental Gold (TSE:CNL)
Continental Gold Limited is an exploration-stage company. The Company is engaged in the acquisition, exploration, evaluation and development of principally gold resource properties in Colombia. The Company holds the rights to explore and develop six properties in Colombia totaling approximately 122,317 hectares. The Buritica project encompasses an aggregate area of 57,588 hectares and is located about 75 kilometers northwest of Medellin in the Antioquia Department of north-western Colombia. The Berlin project covers an aggregate area of 25,059 hectares. The project area is located 90 kilometers north of Medellin in the Antioquia Department. The Dominical project encompasses an aggregate area of 24,327 hectares and is located in southern Colombia in the Cauca Department. The project area is consists of four registered concessions totaling 5,590 hectares, five pending registration concessions totaling 3,426 hectares and 10 concession applications covering 15,311 hectares.
Recent Trading Activity for Continental Gold (TSE:CNL)
Shares of Continental Gold closed the previous trading session at 3.59 down -0.05 -1.37% with 966,249 shares trading hands.