Centerra Gold Inc. (TSE:CG - Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$9.30 and traded as low as C$8.37. Centerra Gold shares last traded at C$8.38, with a volume of 521,345 shares changing hands.
Analyst Ratings Changes
Several research analysts have issued reports on the stock. Desjardins upgraded shares of Centerra Gold to a "moderate buy" rating in a report on Thursday, October 31st. Raymond James dropped their price objective on shares of Centerra Gold from C$13.00 to C$12.50 in a research note on Monday, November 4th. Finally, CIBC lowered their target price on Centerra Gold from C$12.50 to C$9.80 in a report on Monday, December 2nd. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of C$11.37.
Check Out Our Latest Stock Report on Centerra Gold
Centerra Gold Price Performance
The company has a market capitalization of C$1.76 billion, a PE ratio of 9.87, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23. The company has a debt-to-equity ratio of 1.29, a current ratio of 3.79 and a quick ratio of 3.24. The stock's 50 day simple moving average is C$9.05 and its 200-day simple moving average is C$9.29.
Centerra Gold Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were given a dividend of $0.07 per share. The ex-dividend date was Wednesday, November 13th. This represents a $0.28 annualized dividend and a dividend yield of 3.38%. Centerra Gold's dividend payout ratio is currently 33.33%.
Insider Buying and Selling
In related news, Senior Officer Claudia D'orazio sold 29,388 shares of the company's stock in a transaction on Friday, September 27th. The shares were sold at an average price of C$10.20, for a total value of C$299,757.60. Also, Senior Officer Yousef Rehman sold 71,419 shares of the company's stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of C$10.03, for a total transaction of C$716,332.57. 0.21% of the stock is owned by company insiders.
Centerra Gold Company Profile
(
Get Free Report)
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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