It was a tough day for Continental Gold Inc. (CNL:CA) as its stock fell 5.01% to finish the day at $3.79 a share on October 15. That reduces the company’s market cap to 758.04 million on 203.11 million outstanding shares. Continental Gold Inc. is a component of the the S&P/TSX SmallCap Index.
425,692 shares exchanged hands over the course of the day as compared with an average daily volume of n/a over the last 30 days.
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.. Continental Gold Inc. makes its home in Toronto, ON, and currently has CEO Ari Benjamin Sussman at the helm.
The past 52 weeks have seen the stock trade in a range between a high of $4.66 and a low of $1.76, and it’s currently sporting a 50-day SMA of $n/a and a 200-day SMA of $n/a. The current P/E ratio stands at n/a, with a P/B ratio of 4.36.
Continental Gold Inc. ($CNL:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.
