Centerra Gold Inc. (TSE:CG - Get Free Report) Director Paul Botond Stilicho Tomory sold 8,563 shares of the business's stock in a transaction dated Friday, March 7th. The stock was sold at an average price of C$8.28, for a total value of C$70,901.64.
Centerra Gold Stock Up 3.5 %
TSE CG traded up C$0.28 on Thursday, hitting C$8.33. 635,961 shares of the company were exchanged, compared to its average volume of 736,307. The stock has a fifty day moving average of C$8.74 and a 200-day moving average of C$8.98. Centerra Gold Inc. has a 12 month low of C$7.42 and a 12 month high of C$10.59. The company 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. The company has a current ratio of 3.60, a quick ratio of 3.24 and a debt-to-equity ratio of 1.26.
Centerra Gold Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 27th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date of this dividend is Thursday, March 13th. Centerra Gold's dividend payout ratio (DPR) is currently 40.58%.
Analyst Ratings Changes
CG has been the subject of a number of recent research reports. TD Securities decreased their price objective on Centerra Gold from C$13.00 to C$12.00 and set a "buy" rating for the company in a report on Friday, March 7th. Desjardins cut Centerra Gold from a "buy" rating to a "hold" rating and decreased their price target for the company from C$12.75 to C$11.00 in a research note on Thursday, February 13th. CIBC lowered their price objective on Centerra Gold from C$12.50 to C$9.80 in a research report on Monday, December 2nd. Cormark cut Centerra Gold from a "moderate buy" rating to a "hold" rating in a report on Wednesday, February 26th. Finally, Royal Bank of Canada lowered their price target on shares of Centerra Gold from C$12.00 to C$11.00 in a report on Tuesday, January 7th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Centerra Gold has a consensus rating of "Moderate Buy" and an average price target of C$11.47.
Get Our Latest Report on Centerra Gold
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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