Continental Gold (OTCMKTS:CGOOF) Shares Up 0.3% – Still a Buy?

Shares of Continental Gold Inc (OTCMKTS:CGOOF – Get Free Report) rose 0.3% on Monday. The company traded as high as $4.1090 and last traded at $4.1090. Approximately 500 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 23,409 shares. The stock had previously closed at $4.0950.

Continental Gold Stock Performance

The firm has a 50 day moving average price of $4.11 and a 200-day moving average price of $4.11.

About Continental Gold

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Continental Gold Inc was a Canadian mining company focused on the exploration and development of gold properties in Colombia. Its principal asset was the Buriticá project in the department of Antioquia, a high-grade underground gold project that included exploration, mine development and related infrastructure activities.

The company conducted geological exploration, resource evaluation and project advancement with the goal of developing Buriticá into a producing mine. Continental Gold’s operations were concentrated in Colombia, while its corporate and capital-market activities were conducted in Canada.

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