Centerra Gold Inc. (TSE:CG - Free Report) - Desjardins lowered their FY2024 EPS estimates for Centerra Gold in a report issued on Thursday, February 13th. Desjardins analyst A. Carson now expects that the company will post earnings per share of $0.97 for the year, down from their prior estimate of $1.11. Desjardins has a "Hold" rating and a $11.00 price target on the stock. Desjardins also issued estimates for Centerra Gold's Q4 2024 earnings at $0.20 EPS, Q4 2024 earnings at $0.20 EPS and FY2024 earnings at $0.97 EPS.
Other analysts also recently issued research reports about the stock. CIBC cut their price target on shares of Centerra Gold from C$12.50 to C$9.80 in a report on Monday, December 2nd. Royal Bank of Canada decreased their price target on Centerra Gold from C$12.00 to C$11.00 in a research note on Tuesday, January 7th. Finally, Raymond James decreased their target price on Centerra Gold from C$13.00 to C$12.50 in a research report on Monday, November 4th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of C$11.24.
View Our Latest Stock Report on Centerra Gold
Centerra Gold Price Performance
CG stock traded up C$0.24 during midday trading on Monday, reaching C$9.41. The company had a trading volume of 900,856 shares, compared to its average volume of 589,653. Centerra Gold has a 1-year low of C$6.53 and a 1-year high of C$10.59. The stock has a 50 day moving average price of C$8.68 and a 200-day moving average price of C$9.05. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.60 and a quick ratio of 3.24. The company has a market capitalization of C$1.41 billion, a price-to-earnings ratio of 13.64, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23.
About Centerra Gold
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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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