Continental Gold (CNL) Reaches New 52-Week Low at $2.18

Continental Gold Inc (TSE:CNL) reached a new 52-week low on Thursday . The company traded as low as C$2.18 and last traded at C$2.21, with a volume of 105380 shares changing hands. The stock had previously closed at C$2.28.

Separately, TD Securities dropped their price target on Continental Gold from C$7.00 to C$6.00 and set a “speculative buy” rating on the stock in a research note on Tuesday, October 2nd.

Continental Gold (TSE:CNL) last posted its quarterly earnings results on Friday, August 10th. The company reported C($0.06) earnings per share for the quarter.

In other news, Director Martin Jose Carrizosa acquired 23,600 shares of the stock in a transaction on Wednesday, October 3rd. The shares were purchased at an average price of C$2.53 per share, for a total transaction of C$59,708.00. Also, Director Leon Teicher acquired 30,000 shares of the stock in a transaction on Friday, September 7th. The shares were purchased at an average price of C$3.17 per share, for a total transaction of C$95,100.00. Insiders have acquired a total of 103,690 shares of company stock worth $313,732 in the last quarter.

COPYRIGHT VIOLATION NOTICE: This story was posted by WKRB News and is the property of of WKRB News. If you are reading this story on another website, it was illegally copied and republished in violation of US and international copyright and trademark laws. The original version of this story can be accessed at https://www.wkrb13.com/2018/11/08/continental-gold-cnl-reaches-new-52-week-low-at-2-18.html.

Continental Gold Company Profile (TSE:CNL)

Continental Gold Inc, together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of gold resource properties in Colombia. The company 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 76,565 hectares.

Recommended Story: Return on Equity (ROE)

Receive News & Ratings for Continental Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental Gold and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply