Centerra Gold Inc. (TSE:CG) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Centerra Gold Inc. (TSE:CG) have received an average rating of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$27.36.

CG has been the subject of a number of recent research reports. Canadian Imperial Bank of Commerce increased their price objective on Centerra Gold from C$30.00 to C$37.00 in a report on Wednesday, February 4th. TD Securities increased their price objective on Centerra Gold from C$19.00 to C$30.00 in a report on Thursday, January 22nd. Royal Bank Of Canada increased their price objective on Centerra Gold from C$22.00 to C$31.00 in a report on Thursday, March 12th. BMO Capital Markets upgraded Centerra Gold from a “hold” rating to an “outperform” rating in a report on Tuesday, January 20th. Finally, Desjardins increased their price objective on Centerra Gold from C$30.00 to C$33.00 and gave the company a “hold” rating in a report on Thursday.

Centerra Gold Trading Down 1.4%

Shares of TSE:CG traded down C$0.36 during mid-day trading on Thursday, reaching C$25.50. 618,600 shares of the company’s stock were exchanged, compared to its average volume of 1,032,806. The firm has a market capitalization of C$5.09 billion, a price-to-earnings ratio of 8.98, a PEG ratio of 1.26 and a beta of 1.81. The business’s fifty day moving average price is C$25.46 and its 200-day moving average price is C$21.55. The company has a debt-to-equity ratio of 1.44, a quick ratio of 3.24 and a current ratio of 2.39. Centerra Gold has a twelve month low of C$8.69 and a twelve month high of C$28.97.

Centerra Gold (TSE:CG) last posted its quarterly earnings data on Thursday, February 19th. The company reported C$0.56 earnings per share for the quarter. The business had revenue of C$531.63 million during the quarter. Centerra Gold had a return on equity of 31.90% and a net margin of 43.18%.

Centerra Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 26th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Thursday, March 12th. Centerra Gold’s dividend payout ratio is presently 7.07%.

About Centerra Gold

Centerra Gold Inc is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Goldfield District Project in Nevada, United States, the Kemess Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada.