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BMO Capital Markets disclosed Continental Gold (TSE:CNL), boosting its price target to $6.50 earlier today

Yesterday Continental Gold (TSE:CNL) traded 4.52% higher at $4.47. The company’s 50-day moving average is $3.96 and its 200-day moving average is $3.78. The last stock close price is up 19.09% from the 200-day moving average, compared to the S&P 500 which has decreased -0.04% over the same time. 596,752 shares of Continental Gold exchanged hands, down from an average trading volume of 735,082

Stating a potential upside of 0.45%, BMO Capital Markets upped the price target of Continental Gold (TSE:CNL) to $6.50

Previously on Thursday December 15, 2016, BMO Capital Markets reported about Continental Gold (TSE:CNL) raised the target price from $6.00 to $6.50. At the time, this indicated a possible upside of 0.75%.

See Chart Below

Continental Gold (TSE:CNL)

Continental Gold has a 52 week low of $1.28 and a 52 week high of $4.73 The company’s market cap is currently $0.

In addition to BMO Capital Markets reporting its stock price target, a total of 7 brokers have issued a report on the company. The average stock price target is $4.62 with 1 broker rating the stock a strong buy, 5 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Continental Gold (TSE:CNL)

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