Centerra Gold Inc. (TSE:CG) has received a consensus rating of “Hold” from the eight research firms that are currently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$8.41.
Several research analysts have recently commented on CG shares. Raymond James lifted their target price on Centerra Gold from C$9.00 to C$9.50 in a research report on Friday, January 18th. CIBC boosted their price objective on Centerra Gold from C$7.50 to C$8.50 in a research report on Monday, January 21st. Canaccord Genuity reissued a “buy” rating and set a C$9.00 price objective on shares of Centerra Gold in a research report on Monday, March 25th. Finally, CSFB set a C$8.00 price objective on Centerra Gold and gave the stock a “neutral” rating in a research report on Tuesday, April 16th.
Shares of TSE:CG traded down C$0.03 during midday trading on Tuesday, reaching C$7.04. 277,800 shares of the company’s stock were exchanged, compared to its average volume of 554,498. The company has a current ratio of 3.55, a quick ratio of 0.90 and a debt-to-equity ratio of 8.81. The company has a market capitalization of $2.06 billion and a price-to-earnings ratio of 19.56. Centerra Gold has a fifty-two week low of C$4.76 and a fifty-two week high of C$8.21.
Centerra Gold (TSE:CG) last issued its quarterly earnings data on Friday, February 22nd. The company reported C$0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.42 by C($0.20). The company had revenue of C$517.47 million during the quarter. As a group, equities research analysts predict that Centerra Gold will post 0.891264199987853 earnings per share for the current fiscal year.
About Centerra Gold
Centerra Gold Inc, a gold mining and exploration company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Asia, and internationally. Its flagship projects include the 100% owned Kumtor gold mine located in the Kyrgyz Republic; and the Mount Milligan gold-copper mine located in British Columbia, Canada.
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