GREY:CGOOF - Post by User
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AndrewKenon Jan 13, 2015 7:41am
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Scotiabank
ScotiabankScotiabank set a C$4.50 price objective on Continental Gold (TSE:CNL) in a research report released on Thursday morning. The firm currently has a a sector perform rating on the stock. Scotiabank has also taken action a number of other stocks recently. The firm upgraded shares of Vale SA (ADR) from a sector perform rating to an outperform rating. Also, Scotiabank upgraded shares of Methanex Co. from a sector perform rating to an outperform rating. Separately, analysts at TD Securities raised their price target on shares of Continental Gold from C$6.00 to C$7.00 in a research note on Tuesday, November 18th. They now have a speculative buy rating on the stock. Shares of Continental Gold (TSE:CNL) opened at 2.41 on Thursday. Continental Gold has a one year low of $1.61 and a one year high of $5.43. The stock’s 50-day moving average is $2.16 and its 200-day moving average is $2.9. The company’s market cap is $306.5 million. 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.