Centerra Gold Inc. (TSE:CG - Get Free Report) has earned an average recommendation of "Moderate Buy" from the six ratings firms that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$11.37.
A number of equities analysts recently issued reports on the company. Desjardins upgraded Centerra Gold to a "moderate buy" rating in a report on Thursday, October 31st. CIBC cut their price objective on Centerra Gold from C$12.50 to C$9.80 in a report on Monday, December 2nd. Finally, Raymond James decreased their target price on shares of Centerra Gold from C$13.00 to C$12.50 in a report on Monday, November 4th.
View Our Latest Stock Report on Centerra Gold
Insider Transactions at Centerra Gold
In other Centerra Gold news, Senior Officer Yousef Rehman sold 71,419 shares of the business's stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of C$10.03, for a total value of C$716,332.57. Also, Senior Officer Claudia D'orazio sold 29,388 shares of the firm's 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. 0.21% of the stock is owned by insiders.
Centerra Gold Price Performance
TSE CG opened at C$8.18 on Friday. Centerra Gold has a 1 year low of C$6.07 and a 1 year high of C$10.59. The business's fifty day moving average is C$8.91 and its two-hundred day moving average is C$9.24. The stock has a market capitalization of C$1.74 billion, a P/E ratio of 9.74, a P/E/G ratio of 1.26 and a beta of 1.23. 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 Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were issued a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.42%. Centerra Gold's dividend 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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