Centerra Gold Inc. (TSE:CG) Senior Officer Yousef Rehman Sells 71,419 Shares

Centerra Gold Inc. (TSE:CG - Get Free Report) Senior Officer Yousef Rehman sold 71,419 shares of the business's stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of C$10.03, for a total value of C$716,332.57.

Centerra Gold Stock Performance

Shares of TSE:CG traded up C$0.39 during midday trading on Thursday, reaching C$10.49. 1,461,833 shares of the company traded hands, compared to its average volume of 754,236. The firm's fifty day moving average price is C$9.36 and its two-hundred day moving average price is C$9.02. The firm has a market capitalization of C$2.23 billion, a price-to-earnings ratio of 12.17, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23. The company has a quick ratio of 3.24, a current ratio of 3.79 and a debt-to-equity ratio of 1.29. Centerra Gold Inc. has a 12 month low of C$6.07 and a 12 month high of C$10.54.

Centerra Gold (TSE:CG - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported C$0.31 EPS for the quarter, beating the consensus estimate of C$0.22 by C$0.09. Centerra Gold had a net margin of 10.69% and a return on equity of 7.98%. The company had revenue of C$386.27 million during the quarter. On average, equities analysts expect that Centerra Gold Inc. will post 0.8612132 earnings per share for the current year.

Centerra Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 15th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date of this dividend was Thursday, August 15th. Centerra Gold's dividend payout ratio is currently 33.73%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CG shares. Cibc World Mkts downgraded Centerra Gold from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 10th. Canaccord Genuity Group boosted their price target on Centerra Gold from C$11.50 to C$12.50 in a research note on Tuesday, July 23rd. CIBC downgraded shares of Centerra Gold from an "outperform" rating to a "neutral" rating and raised their price objective for the stock from C$11.00 to C$13.00 in a research report on Wednesday, July 10th. Finally, National Bankshares boosted their target price on shares of Centerra Gold from C$11.25 to C$12.00 and gave the company an "outperform" rating in a research report on Monday, June 10th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of C$11.77.

Centerra Gold Company Profile

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.