Continental Gold (CNL) Trading 6.4% Higher

Continental Gold Inc (TSE:CNL) traded up 6.4% during mid-day trading on Wednesday . The stock traded as high as C$4.00 and last traded at C$3.99. 217,340 shares changed hands during trading, a decline of 32% from the average session volume of 319,825 shares. The stock had previously closed at C$3.75.

Separately, Eight Capital lowered their price objective on shares of Continental Gold from C$6.75 to C$5.85 in a research report on Thursday, November 16th.

The firm has a market cap of $711.47, a PE ratio of -62.50 and a beta of 0.50.

In related news, Director Christopher Joseph Sattler acquired 10,000 shares of the stock in a transaction dated Wednesday, December 13th. The stock was bought at an average price of C$3.14 per share, with a total value of C$31,400.00.

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Continental Gold Company Profile

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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