Continental Gold Inc. (CNL:CA) Rises 6.82%

Continental Gold Inc. (CNL:CA) Rises 6.82%

October 02 was a positive day for Continental Gold Inc. (CNL:CA) as its stock finished the day having gained 6.82% to hit a price of $4.07 a share. The company reached a market cap of 814.04 million and has 203.11 million shares outstanding. Continental Gold Inc. is a component of the the S&P/TSX SmallCap Index.

405,139 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for Continental Gold Inc..

Continental Gold Inc is a gold mining company. It acquires, explores and develops mineral properties in Colombia. Its Buritica project is a high-grade gold deposit located northwest from Medellin, Colombia. located in the Antioquia Department, north of Medellin. The principal activity from which the company generates revenue is from gold bullion sales, including pre-production revenues, to third parties.. The company makes its home in Toronto, ON, and is currently under the leadership of CEO Ari Benjamin Sussman.

Continental Gold Inc. has hit a high of $4.66 and reached a low of $1.76 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 4.63.

The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

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