Numis announced Chaarat Gold Holdings Ltd (LON:CGH), upholding its stock price target at 30.00GBX today
- Updated: October 10, 2016
In a report released on 10/11/2016 Numis hold steady the stock price target of Chaarat Gold Holdings Ltd (LON:CGH) from 30.00GBX to 30.00GBX reporting a possible upside of 2.53%.
Previously on Wednesday July 20, 2016, numis released a statement about Chaarat Gold Holdings Ltd (LON:CGH) increased the target price from 0.00GBX to 30.00GBX. At the time, this indicated a possible upside of 2.64%.
Just yesterday Chaarat Gold Holdings Ltd (LON:CGH) traded 6.25% higher at 8.50GBX. Chaarat Gold Holdings Ltd’s 50-day moving average is 7.18GBX and its 200-day moving average is 6.98GBX. The last stock price is up 21.86% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,047,758 shares of CGH traded hands, up from an average trading volume of 199,384
Recent Performance Chart
Chaarat Gold Holdings Ltd has 52 week low of 4.25GBX and a 52 week high of 9.76GBX and has a market capitalization of 0 GBX.
In addition to Numis reporting its stock price target, a total of 1 brokerage has issued a ratings update on the company. The average stock price target is 25.00GBX with 1 brokerage rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Chaarat Gold Holdings Ltd (LON:CGH)
Chaarat Gold Holdings Limited is a holding, management and finance company. The Company is engaged in the exploration for gold and the development of the Chaarat Gold Project in the Kyrgyz Republic. The Chaarat Gold Project is approximately 10 kilometers along strike at the center of the Sandalash license area, which consists of three identified prospects: Chaarat, Kashkasu and Minteke. The Chaarat target consists of three parallel mineralized zones: the Contact Zone, the Main Zone and the Tulkubash Zone. The Company's exploration projects include Chontash, which is located in the Akshirak range of mountains; Mironovskoye, which is located in the north of the Kyrgyz Republic; Minteke, which is underlain by sedimentary formations of Sandalash; Kashkasu, which is underlain by Cambro-Ordovician siltstones greywackes and cherts of the Sandalash group, and Kyzil Ompul, which comprises the Kyzil Ompul deposit.
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