Chaarat Gold Holdings Ltd (CGH) Given “Buy” Rating at Numis Securities Ltd
Chaarat Gold Holdings Ltd (LON:CGH)‘s stock had its “buy” rating reiterated by analysts at Numis Securities Ltd in a research note issued to investors on Tuesday. They presently have a GBX 30 ($0.37) target price on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 275.00% from the stock’s previous close.
Shares of Chaarat Gold Holdings (LON:CGH) opened at 8.50 on Tuesday. The company has a 50-day moving average of GBX 7.18 and a 200-day moving average of GBX 6.98. The stock’s market capitalization is GBX 23.20 million. Chaarat Gold Holdings has a 12-month low of GBX 4.25 and a 12-month high of GBX 9.76.
In related news, insider Martin Andersson bought 173,611 shares of the firm’s stock in a transaction that occurred on Tuesday, October 4th. The stock was purchased at an average price of GBX 4 ($0.05) per share, for a total transaction of £6,944.44 ($8,594.60).
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Chaarat Gold Holdings Company Profile
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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