Continental Gold Inc (TSE:CNL) Director Christopher Joseph Sattler bought 10,000 shares of the business’s stock in a transaction on Wednesday, December 13th. The shares were acquired at an average cost of C$3.14 per share, for a total transaction of C$31,400.00.
Shares of Continental Gold Inc (TSE:CNL) traded down C$0.05 during mid-day trading on Friday, hitting C$3.12. The stock had a trading volume of 936,216 shares, compared to its average volume of 235,205. Continental Gold Inc has a one year low of C$2.62 and a one year high of C$5.75.
Several analysts have weighed in on the company. Eight Capital cut their target price on Continental Gold from C$6.75 to C$5.85 in a research note on Thursday, November 16th. Royal Bank of Canada cut their target price on Continental Gold from C$6.00 to C$5.50 and set an “outperform” rating on the stock in a research note on Friday, October 6th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Continental Gold has a consensus rating of “Buy” and an average price target of C$6.23.
Continental Gold Inc, together with its subsidiaries, acquires, explores for, evaluates, and develops gold resource properties in Colombia. It holds the rights to develop and explore 1 advanced-stage gold project, as well as explore 3 early-stage projects in Colombia covering an area of approximately 76,870 hectares.
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