Centerra Gold (CGAU) Projected to Post Earnings on Thursday

Centerra Gold (NYSE:CGAU - Get Free Report) is anticipated to announce its earnings results after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $316.92 million for the quarter.

Centerra Gold Stock Performance

Shares of Centerra Gold stock traded down $0.22 during trading on Friday, hitting $6.40. 562,400 shares of the stock traded hands, compared to its average volume of 653,000. The stock has a market cap of $1.34 billion, a P/E ratio of 13.32 and a beta of 0.91. Centerra Gold has a twelve month low of $4.88 and a twelve month high of $7.82. The company has a fifty day moving average price of $6.02 and a two-hundred day moving average price of $6.51.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on CGAU shares. Scotiabank reduced their price target on Centerra Gold from $10.00 to $9.00 and set a "sector outperform" rating for the company in a report on Wednesday, January 15th. Desjardins lowered Centerra Gold from a "moderate buy" rating to a "hold" rating in a report on Thursday. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $11.00.

Centerra Gold Company Profile

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.