Centerra Gold Inc. (TSE:CG - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.18 and traded as low as C$7.92. Centerra Gold shares last traded at C$7.98, with a volume of 308,261 shares.
Analyst Ratings Changes
A number of brokerages recently issued reports on CG. Desjardins raised shares of Centerra Gold to a "moderate buy" rating in a research report on Thursday, October 31st. CIBC lowered their price target on Centerra Gold from C$12.50 to C$9.80 in a research note on Monday, December 2nd. Finally, Raymond James decreased their price objective on Centerra Gold from C$13.00 to C$12.50 in a report on Monday, November 4th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Centerra Gold currently has a consensus rating of "Moderate Buy" and an average price target of C$11.37.
Check Out Our Latest Stock Report on CG
Centerra Gold Stock Performance
The stock's 50 day simple moving average is C$8.72 and its two-hundred day simple moving average is C$9.18. The company 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 current ratio of 3.79 and a quick ratio of 3.24.
Centerra Gold Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend was Wednesday, November 13th. Centerra Gold's dividend payout ratio is 33.33%.
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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