Columbia Partners L L C Investment Management held its stake in shares of Contact Gold Corp (NYSE:C) during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 20,081 shares of the company’s stock at the end of the second quarter. Columbia Partners L L C Investment Management’s holdings in Contact Gold Corp were worth $1,343,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in C. Capital Analysts LLC boosted its holdings in shares of Contact Gold Corp by 5.4% in the second quarter. Capital Analysts LLC now owns 45,844 shares of the company’s stock valued at $3,066,000 after purchasing an additional 2,367 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Contact Gold Corp by 5.2% in the second quarter. Principal Financial Group Inc. now owns 4,152,299 shares of the company’s stock valued at $277,705,000 after purchasing an additional 205,298 shares during the period. BlackRock Inc. boosted its holdings in shares of Contact Gold Corp by 2,718.7% in the first quarter. BlackRock Inc. now owns 196,415,461 shares of the company’s stock valued at $11,749,573,000 after purchasing an additional 189,447,104 shares during the period. Amalgamated Bank boosted its holdings in shares of Contact Gold Corp by 1.0% in the first quarter. Amalgamated Bank now owns 195,156 shares of the company’s stock valued at $11,674,000 after purchasing an additional 1,937 shares during the period. Finally, Shelton Capital Management boosted its holdings in shares of Contact Gold Corp by 13.9% in the first quarter. Shelton Capital Management now owns 60,400 shares of the company’s stock valued at $3,613,000 after purchasing an additional 7,384 shares during the period.

A number of analysts recently issued reports on the company. HSBC Holdings plc set a $74.00 price target on Contact Gold Corp and gave the company a “hold” rating in a report on Friday, August 11th. Societe Generale upgraded Contact Gold Corp from a “sell” rating to a “hold” rating and boosted their price target for the company from $63.00 to $70.00 in a report on Monday, September 11th. Royal Bank Of Canada reiterated a “buy” rating and issued a $75.00 price target on shares of Contact Gold Corp in a report on Wednesday, September 27th. Credit Suisse Group reiterated an “outperform” rating and issued a $76.00 price target (up previously from $70.00) on shares of Contact Gold Corp in a report on Wednesday, July 26th. Finally, Nomura boosted their price objective on shares of Contact Gold Corp from $74.00 to $78.00 and gave the stock a “buy” rating in a research note on Monday, July 17th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of C$74.77.

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Contact Gold Corp (NYSE C) opened at C$72.25 on Friday. Contact Gold Corp has a 12-month low of C$51.60 and a 12-month high of C$76.14.

Contact Gold Corp (NYSE:C) last released its earnings results on Thursday, October 12th. The company reported C$1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.32 by C$0.10. Contact Gold Corp had a return on equity of 7.30% and a net margin of 22.76%. The firm had revenue of C$18.17 billion for the quarter, compared to the consensus estimate of C$17.87 billion. During the same period in the prior year, the firm earned $1.24 EPS. The firm’s revenue was up 2.3% on a year-over-year basis.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Monday, November 6th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Friday, November 3rd.

Contact Gold Corp Profile

Citigroup Inc (Citi) is a financial services holding company. The Company’s whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management.

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Institutional Ownership by Quarter for Contact Gold Corp (NYSE:C)

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