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Capital Gold Corporation (CGC) [hlAlert]

Rating:
Sell CGC
down 48.78 %

Capital Gold Corp (CGC) rated Sell with price target $2.40 by Global Hunter Securities

Posted on: Friday,  Feb 12, 2010  11:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Sell Capital Gold Corporation (CGC) on 02/12/2010, when the stock price was $1008.00. Since
then, Capital Gold Corporation has gained 95.24% as of 04/08/2011's recent price of $1968.00.
If you would have followed this Global Hunter Securities's recommendation on CGC, you would have lost 48.78% of your investment in 420 days.

Capital Gold Corporation (Capital Gold) is engaged in the mining, exploration and development of gold properties in Mexico. The Company?s primary focus is on the operation and development of the El Chanate project, and it also conducts gold exploration in other locations in Sonora, Mexico. In April 2008, the Company leased 12 mining concessions totaling 1,790 hectares located northwest of Saric, Sonora. In addition, it owns a claim for approximately 2,304 additional hectares adjacent to this property.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2010 11:25 AM Sell
None
1,008.00 720.00
as of 12/31/2010
1 Week up  6.41 %
1 Month down  -1.30 %
3 Months up  3.31 %
1 YTD up  7.88 %

(*) Stock Price at the time of the recommendation.
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