Centerra Gold Inc. (TSE:CG - Free Report) - Equities research analysts at Raymond James lifted their FY2024 EPS estimates for shares of Centerra Gold in a research note issued on Wednesday, December 18th. Raymond James analyst B. Macarthur now expects that the company will earn $0.98 per share for the year, up from their previous estimate of $0.94. Raymond James also issued estimates for Centerra Gold's Q4 2024 earnings at $0.21 EPS and Q3 2025 earnings at $0.11 EPS.
A number of other brokerages have also commented on CG. CIBC decreased their price objective on Centerra Gold from C$12.50 to C$9.80 in a research report on Monday, December 2nd. Desjardins upgraded shares of Centerra Gold to a "moderate buy" rating in a research report on Thursday, October 31st. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of C$11.37.
Get Our Latest Stock Report on Centerra Gold
Centerra Gold Price Performance
Shares of CG traded up C$0.02 during mid-day trading on Friday, hitting C$8.18. 2,571,064 shares of the company traded hands, compared to its average volume of 747,327. The company has a current ratio of 3.79, a quick ratio of 3.24 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of C$1.74 billion, a price-to-earnings ratio of 9.74, a PEG ratio of 1.26 and a beta of 1.23. The business has a 50-day moving average of C$8.91 and a 200 day moving average of C$9.24. Centerra Gold has a one year low of C$6.07 and a one year high of C$10.59.
Centerra Gold Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 3.42%. The ex-dividend date of this dividend was Wednesday, November 13th. Centerra Gold's dividend payout ratio is 33.33%.
Insider Buying and Selling
In related news, Senior Officer Claudia D'orazio sold 29,388 shares of Centerra Gold stock in a transaction dated Friday, September 27th. The stock was sold at an average price of C$10.20, for a total value of C$299,757.60. Also, Senior Officer Yousef Rehman sold 71,419 shares of the firm's stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of C$10.03, for a total value of C$716,332.57. 0.21% of the stock is currently owned by company insiders.
About Centerra Gold
(
Get Free Report)
Centerra Gold Inc, a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey.
Read More
Before you consider Centerra Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Centerra Gold wasn't on the list.
While Centerra Gold currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
