Shares of Centerra Gold Inc. (TSE:CG) have been assigned a consensus recommendation of “Buy” from the eight analysts that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is C$9.13.
CG has been the subject of several analyst reports. Canaccord Genuity decreased their target price on Centerra Gold from C$8.50 to C$7.00 in a research report on Friday, January 19th. BMO Capital Markets set a C$9.50 price target on Centerra Gold and gave the company a “market perform” rating in a report on Friday, December 29th. National Bank Financial reduced their price target on Centerra Gold from C$9.00 to C$7.75 and set a “sector perform” rating for the company in a report on Wednesday, January 3rd. TD Securities reduced their price target on Centerra Gold from C$9.50 to C$8.00 and set a “hold” rating for the company in a report on Thursday, December 28th. Finally, Royal Bank of Canada reduced their price target on Centerra Gold from C$10.00 to C$8.00 and set a “sector perform” rating for the company in a report on Tuesday, January 9th.
Centerra Gold (CG) traded up C$0.33 during trading on Wednesday, reaching C$6.85. The company had a trading volume of 757,773 shares, compared to its average volume of 664,165. The firm has a market capitalization of $1,900.00, a price-to-earnings ratio of 7.09 and a beta of -0.83. Centerra Gold has a 52-week low of C$5.90 and a 52-week high of C$9.35.
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Centerra Gold Company Profile
Centerra Gold Inc is a Canada-based gold mining company focused on operating, developing, exploring and acquiring gold properties in Asia, North America and other markets across the world. The Company’s exploration segment includes the operations of Lagares Project in which the activities are related to its subsidiary, Centerra Gold (KB) Inc Its Kyrgyz segment includes Kumtor Gold Co (KGC) (Kyrgyz Republic), which operates Kumtor Mine.
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