National Bank Financial Reiterates Outperform Overweight Rating for Centerra Gold (TSE:CG)

Centerra Gold (TSE:CG)‘s stock had its “outperform overweight” rating reaffirmed by stock analysts at National Bank Financial in a report issued on Monday, Zacks.com reports.

Other equities analysts have also recently issued reports about the stock. CIBC decreased their target price on shares of Centerra Gold from C$11.00 to C$9.50 and set an “outperform” rating for the company in a research note on Wednesday, February 7th. BMO Capital Markets set a C$10.00 target price on shares of Centerra Gold and gave the company an “outperform” rating in a research note on Wednesday, February 21st. Canaccord Genuity Group reduced their price objective on shares of Centerra Gold from C$11.75 to C$10.75 and set a “buy” rating for the company in a research report on Thursday, March 21st. Cormark reduced their price objective on shares of Centerra Gold from C$11.50 to C$11.00 in a research report on Monday, February 26th. Finally, Desjardins reduced their price objective on shares of Centerra Gold from C$12.00 to C$11.75 and set a “buy” rating for the company in a research report on Tuesday, January 9th. Seven research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$10.23.

Centerra Gold Stock Up 1.1 %

TSE:CG opened at C$8.38 on Monday. The company has a market cap of C$1.81 billion, a PE ratio of -16.12, a P/E/G ratio of 1.26 and a beta of 1.16. Centerra Gold has a twelve month low of C$6.07 and a twelve month high of C$10.28. The company has a current ratio of 3.25, a quick ratio of 3.24 and a debt-to-equity ratio of 1.45. The company’s 50 day moving average is C$7.45 and its two-hundred day moving average is C$7.41.

Centerra Gold (TSE:CG) last released its quarterly earnings data on Thursday, February 22nd. The company reported C$0.38 EPS for the quarter, missing the consensus estimate of C$0.39 by C($0.01). The business had revenue of C$462.92 million during the quarter. Centerra Gold had a negative net margin of 7.42% and a negative return on equity of 4.66%. Analysts anticipate that Centerra Gold will post 0.6367925 EPS for the current year.

Insider Activity at Centerra Gold

In related news, Senior Officer Darren Millman sold 110,274 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of C$6.96, for a total value of C$766,955.67. 0.38% of the stock is currently owned by insiders.

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.