Numis Securities restated their buy rating on shares of Chaart Gold (LON:CGH) in a report published on Friday morning. Numis Securities currently has a GBX 35 ($0.47) price objective on the stock.

Shares of Chaart Gold (LON:CGH) opened at GBX 23.25 ($0.31) on Friday. Chaart Gold has a 1-year low of GBX 8.67 ($0.12) and a 1-year high of GBX 23.50 ($0.32).

In other news, insider Martin Andersson acquired 7,500,000 shares of the firm’s stock in a transaction dated Friday, October 27th. The stock was purchased at an average price of GBX 17 ($0.23) per share, for a total transaction of £1,275,000 ($1,716,016.15).

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About Chaart Gold

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.

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