Centerra Gold Inc. (TSE:CG - Get Free Report) has been given an average rating of "Moderate Buy" by the six ratings firms that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$11.28.
A number of research analysts have recently issued reports on CG shares. Desjardins upgraded shares of Centerra Gold to a "moderate buy" rating in a research report on Thursday, October 31st. CIBC cut their target price on shares of Centerra Gold from C$12.50 to C$9.80 in a report on Monday, December 2nd. Raymond James lowered their target price on Centerra Gold from C$13.00 to C$12.50 in a report on Monday, November 4th. Finally, Royal Bank of Canada cut their price target on Centerra Gold from C$12.00 to C$11.00 in a report on Tuesday, January 7th.
Get Our Latest Stock Report on Centerra Gold
Centerra Gold Stock Down 3.3 %
Shares of Centerra Gold stock traded down C$0.28 during trading on Wednesday, reaching C$8.33. The company had a trading volume of 812,112 shares, compared to its average volume of 448,473. The company has a debt-to-equity ratio of 1.29, a quick ratio of 3.24 and a current ratio of 3.79. Centerra Gold has a fifty-two week low of C$6.07 and a fifty-two week high of C$10.59. The firm's fifty day moving average is C$8.38 and its 200-day moving average is C$9.09. The company has a market cap of C$1.77 billion, a price-to-earnings ratio of 9.92, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23.
Centerra Gold Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were paid a $0.07 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $0.28 annualized dividend and a dividend yield of 3.36%. Centerra Gold's payout ratio is 33.33%.
About Centerra Gold
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Get Free ReportCenterra 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.
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