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 Numis Securities Ltd in a research report issued on Tuesday. They presently have a GBX 30 ($0.37) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 275.00% from the company’s current price.
Shares of Chaarat Gold Holdings (LON:CGH) opened at 8.50 on Tuesday. The firm 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 other news, insider Martin Andersson purchased 173,611 shares of the stock in a transaction dated Tuesday, October 4th. The stock was acquired at an average cost of GBX 4 ($0.05) per share, for a total transaction of £6,944.44 ($8,594.60).
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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