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Chaarat Gold can add another 50%, says Zak Mir

Leading technical analyst Zak Mir is tipping the Chaarat Gold Holdings Ltd (LON:CGH) share price to add 50% over the next few months or so.

“There’s been a rising trend channel since the middle of last year with a solid break-out to start 2017,” explains Mir in the latest Proactive Investors Bulletin Board.

“The view here really is while we’re above the floor of the channel around the 15p level the target could be up to 30p over the next three to six months.”

Quick facts: Chaarat Gold Holdings Ltd

Price: 34.4 GBX

AIM:CGH
Market: AIM
Market Cap: £156.78 m
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Chaarat Gold strengthens institutional investor base with US$5.8mln raise

Chaarat Gold Holdings Limited’s (LON:CGH) chief executive Artem Volynets caught up with Proactive London's Andrew Scott to discuss this morning's equity raise which was completed at a premium to the current share price. The miner raised US$5.8mln to primarily strengthen its institutional...

19 hours, 18 minutes ago

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