Mutual of America Capital Management LLC Has $25.34 Million Position in Contact Gold Corp (C)

Mutual of America Capital Management LLC trimmed its stake in shares of Contact Gold Corp (NYSE:C) by 0.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 378,811 shares of the company’s stock after selling 1,749 shares during the quarter. Contact Gold Corp accounts for about 0.4% of Mutual of America Capital Management LLC’s holdings, making the stock its 24th largest position. Mutual of America Capital Management LLC’s holdings in Contact Gold Corp were worth $25,335,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in C. BlackRock Inc. raised its stake in shares of Contact Gold Corp by 2,718.7% during the 1st quarter. BlackRock Inc. now owns 196,415,461 shares of the company’s stock valued at $11,749,573,000 after purchasing an additional 189,447,104 shares during the period. FMR LLC increased its stake in Contact Gold Corp by 18.2% in the 1st quarter. FMR LLC now owns 105,742,815 shares of the company’s stock worth $6,325,535,000 after acquiring an additional 16,257,931 shares during the last quarter. Pioneer Investment Management Inc. increased its stake in Contact Gold Corp by 2,317.8% in the 2nd quarter. Pioneer Investment Management Inc. now owns 5,002,029 shares of the company’s stock worth $334,536,000 after acquiring an additional 4,795,145 shares during the last quarter. Vanguard Group Inc. increased its stake in Contact Gold Corp by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 183,198,941 shares of the company’s stock worth $10,958,960,000 after acquiring an additional 4,391,347 shares during the last quarter. Finally, Primecap Management Co. CA bought a new position in Contact Gold Corp in the 1st quarter worth about $203,370,000.

C has been the topic of a number of research analyst reports. J P Morgan Chase & Co set a $73.50 target price on Contact Gold Corp and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Vetr lowered Contact Gold Corp from a “strong-buy” rating to a “buy” rating and set a $76.22 target price on the stock. in a research note on Monday, July 31st. Keefe, Bruyette & Woods set a $75.00 target price on Contact Gold Corp and gave the stock a “buy” rating in a research note on Sunday, August 13th. Nomura upped their target price on Contact Gold Corp from $74.00 to $78.00 and gave the stock a “buy” rating in a research note on Monday, July 17th. Finally, Credit Suisse Group restated a “buy” rating and issued a $73.00 target price on shares of Contact Gold Corp in a research note on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company’s stock. Contact Gold Corp currently has a consensus rating of “Buy” and an average price target of C$74.77.

Shares of Contact Gold Corp (NYSE C) opened at C$72.25 on Friday. Contact Gold Corp has a fifty-two week low of C$51.60 and a fifty-two week high of C$76.14.

Contact Gold Corp (NYSE:C) last released its quarterly earnings data on Thursday, October 12th. The company reported C$1.42 earnings per share for the quarter, topping the consensus estimate of C$1.32 by C$0.10. Contact Gold Corp had a return on equity of 7.30% and a net margin of 22.76%. The business had revenue of C$18.17 billion during the quarter, compared to analysts’ expectations of C$17.87 billion. During the same quarter last year, the business posted $1.24 EPS. The business’s revenue was up 2.3% on a year-over-year basis.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Monday, November 6th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.77%. The ex-dividend date is Friday, November 3rd.

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Contact Gold Corp Company Profile

Citigroup Inc (Citi) is a financial services holding company. The Company’s whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management.

Institutional Ownership by Quarter for Contact Gold Corp (NYSE:C)

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