Shares of Centerra Gold Inc. (TSE:CG - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$9.04 and traded as high as C$9.19. Centerra Gold shares last traded at C$9.16, with a volume of 406,734 shares traded.
Analyst Ratings Changes
A number of research firms recently weighed in on CG. Desjardins raised shares of Centerra Gold to a "moderate buy" rating in a research note on Thursday, October 31st. Royal Bank of Canada reduced their price target on shares of Centerra Gold from C$12.00 to C$11.00 in a report on Tuesday, January 7th. CIBC dropped their price objective on shares of Centerra Gold from C$12.50 to C$9.80 in a research note on Monday, December 2nd. Finally, Raymond James reduced their price objective on shares of Centerra Gold from C$13.00 to C$12.50 in a research note on Monday, November 4th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$11.28.
Check Out Our Latest Analysis on CG
Centerra Gold Stock Performance
The business has a 50-day moving average price of C$8.42 and a 200-day moving average price of C$9.04. The company has a quick ratio of 3.24, a current ratio of 3.79 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of C$1.97 billion, a price-to-earnings ratio of 11.04, a P/E/G ratio of 1.26 and a beta of 1.23.
Centerra Gold (TSE:CG - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported C$0.25 earnings per share for the quarter, missing the consensus estimate of C$0.28 by C($0.03). Centerra Gold had a return on equity of 7.98% and a net margin of 10.69%. During the same period in the previous year, the company earned $0.27 EPS.
Centerra Gold Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 3.02%. The ex-dividend date of this dividend was Wednesday, November 13th. Centerra Gold's dividend payout ratio is presently 33.33%.
About Centerra Gold
(
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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