Centerra Gold (TSE:CG - Get Free Report) was downgraded by investment analysts at Cormark from a "moderate buy" rating to a "hold" rating in a research note issued to investors on Wednesday,Zacks.com reports. Cormark also issued estimates for Centerra Gold's Q1 2025 earnings at $0.13 EPS, Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.20 EPS, FY2025 earnings at $0.65 EPS, FY2025 earnings at $0.65 EPS and FY2026 earnings at $0.87 EPS.
Other equities analysts also recently issued reports about the company. Raymond James dropped their target price on Centerra Gold from C$13.00 to C$12.50 in a research report on Monday, November 4th. Desjardins downgraded Centerra Gold from a "buy" rating to a "hold" rating and dropped their target price for the company from C$12.75 to C$11.00 in a research report on Thursday, February 13th. Royal Bank of Canada dropped their target price on Centerra Gold from C$12.00 to C$11.00 in a research report on Tuesday, January 7th. Finally, CIBC dropped their target price on Centerra Gold from C$12.50 to C$9.80 in a research report on Monday, December 2nd. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, Centerra Gold has a consensus rating of "Hold" and a consensus price target of C$11.40.
Check Out Our Latest Stock Analysis on CG
Centerra Gold Price Performance
TSE:CG traded up C$0.09 during trading hours on Wednesday, hitting C$8.29. The company's stock had a trading volume of 3,001,195 shares, compared to its average volume of 727,601. The stock has a fifty day simple moving average of C$8.72 and a 200-day simple moving average of C$9.03. The company has a market capitalization of C$1.25 billion, a P/E ratio of 12.01, a PEG ratio of 1.26 and a beta of 1.23. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.60 and a quick ratio of 3.24. Centerra Gold has a twelve month low of C$6.79 and a twelve month high of C$10.59.
Insider Transactions at Centerra Gold
In other Centerra Gold news, Director Paul Nicholas Wright bought 35,000 shares of the stock in a transaction on Friday, February 28th. The stock was acquired at an average cost of C$8.11 per share, for a total transaction of C$283,752.00. 0.21% of the stock is owned by corporate insiders.
Centerra Gold Company Profile
(
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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.
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