Analysts Set Centerra Gold Inc. (TSE:CG) PT at C$11.28

Shares of Centerra Gold Inc. (TSE:CG - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the six ratings firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$11.28.

A number of equities analysts have commented on CG shares. Raymond James cut their price objective on shares of Centerra Gold from C$13.00 to C$12.50 in a report on Monday, November 4th. Royal Bank of Canada reduced their price target on Centerra Gold from C$12.00 to C$11.00 in a report on Tuesday, January 7th. CIBC dropped their price objective on Centerra Gold from C$12.50 to C$9.80 in a report on Monday, December 2nd. Finally, Desjardins raised Centerra Gold to a "moderate buy" rating in a research report on Thursday, October 31st.

Centerra Gold Stock Up 0.3 %

Shares of TSE CG traded up C$0.03 during trading on Friday, reaching C$9.51. 623,734 shares of the stock were exchanged, compared to its average volume of 572,875. The business's 50-day moving average price is C$8.59 and its 200 day moving average price is C$9.05. The company has a market capitalization of C$2.02 billion, a price-to-earnings ratio of 11.32, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23. Centerra Gold has a twelve month low of C$6.07 and a twelve month high of C$10.59. The company has a quick ratio of 3.24, a current ratio of 3.79 and a debt-to-equity ratio of 1.29.

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About Centerra Gold

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.