Centerra Gold Inc. (TSE:CG) Senior Officer Claudia D'orazio Sells 3,831 Shares

Centerra Gold Inc. (TSE:CG - Get Free Report) Senior Officer Claudia D'orazio sold 3,831 shares of the firm's stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of C$8.28, for a total transaction of C$31,720.68.

Centerra Gold Price Performance

CG traded up C$0.28 during trading on Thursday, reaching C$8.33. The stock had a trading volume of 635,961 shares, compared to its average volume of 736,307. The business has a 50-day moving average of C$8.74 and a 200-day moving average of C$8.98. Centerra Gold Inc. has a one year low of C$7.42 and a one year high of C$10.59. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.24 and a current ratio of 3.60. The stock has a market cap of C$1.25 billion, a PE ratio of 12.07, a PEG ratio of 1.26 and a beta of 1.23.

Centerra Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 27th will be issued a dividend of $0.07 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.36%. Centerra Gold's dividend payout ratio is 40.58%.

Analyst Upgrades and Downgrades

CG has been the topic of a number of recent research reports. TD Securities dropped their price objective on Centerra Gold from C$13.00 to C$12.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Royal Bank of Canada cut their price objective on shares of Centerra Gold from C$12.00 to C$11.00 in a research report on Tuesday, January 7th. Cormark lowered shares of Centerra Gold from a "moderate buy" rating to a "hold" rating in a report on Wednesday, February 26th. Desjardins cut shares of Centerra Gold from a "buy" rating to a "hold" rating and lowered their target price for the stock from C$12.75 to C$11.00 in a research note on Thursday, February 13th. Finally, CIBC reduced their price target on shares of Centerra Gold from C$12.50 to C$9.80 in a research report on Monday, December 2nd. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Centerra Gold has an average rating of "Moderate Buy" and an average target price of C$11.47.

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About Centerra Gold

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.