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CIBC World Markets recorded Continental Gold (TSE:CNL), hiking its price target to $5.00 earlier today

CIBC World Markets bumped up the stock price target of Continental Gold (TSE:CNL) to $5.00 reporting a possible upside of 0.29%.

Previously on 3/1/2016, Scotia Capital released a statement about Continental Gold (TSE:CNL) maintained the target price at $3.00. At the time, this indicated a possible upside of 1.01%.

Showing a price of $3.89, Continental Gold (TSE:CNL) traded 13.73% higher on the day. With the last stock price close up 8.14% from the two hundred day average, compared to the S&P 500 which has decreased -0.03% over the same time period. The company has recorded a 50-day average of $3.66 and a two hundred day average of $3.52. Trade Volume was up over the average, with 1,628,239 shares of CNL changing hands over the typical 655,122

Performance Chart

Continental Gold (TSE:CNL)

Continental Gold has a 52 week low of $1.28 and a 52 week high of $4.69 The company’s market cap is currently $0.

Also covering Continental Gold's target, a total of 7 equity analysts have released a ratings update on CNL. The one year target is $4.29 with one equity analyst rating the company a strong buy, 5 firms rating the stock a buy, 1 equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and lastly 0 brokers rating the stock a sell.

Brief Synopsis On Continental Gold (TSE:CNL)

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