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.
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.
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