Continental Gold Inc.
3.28-0.02 (-0.61%)
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Prev Close3.30
Bid3.26 x
Ask3.32 x
52wk Range1.28 - 4.32
Day's Range3.27 - 3.31
Avg Vol (3m)580,661
As of 4:00 PM EDT. Market closed.
  • Bloomberg2 years ago

    Continental Attracts M&A Interest as Gold Deals Recover

    Continental Gold Ltd. (CNL) , a Canadian company exploring for the precious metal in Colombia, has received interest from potential buyers as regional acquisition activity rebounds along with the metal’s price. Continental is rebuffing the advances until it gets a modified environmental license for its Buritica project in Colombia and the price of gold extends its recovery, Chief Executive Officer Ari Sussman said today in a phone interview from New York. “People want to sign a confidentiality agreement in order to get into the data room,” Sussman said. The price of the precious metal has rallied 9.6 percent this year after plunging 28 percent last year in the biggest rout since 1981.

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