Centerra Gold Inc. (TSE:CG - Get Free Report) announced a quarterly dividend on Thursday, May 22nd, TickerTech Dividends reports. Investors of record on Thursday, June 5th will be paid a dividend of 0.07 per share on Thursday, June 5th. This represents a $0.28 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Thursday, May 22nd.
Centerra Gold Stock Up 1.6%
Centerra Gold stock traded up C$0.15 during trading on Friday, hitting C$9.56. 447,420 shares of the company were exchanged, compared to its average volume of 727,173. The business's 50 day moving average is C$9.12 and its 200 day moving average is C$8.77. Centerra Gold has a 52 week low of C$7.72 and a 52 week high of C$10.59. The company has a market capitalization of C$1.44 billion, a P/E ratio of 13.85, a PEG ratio of 1.26 and a beta of 1.23. The company has a current ratio of 3.60, a quick ratio of 3.24 and a debt-to-equity ratio of 1.26.
Insider Buying and Selling
In related news, Senior Officer Claudia D'orazio sold 3,831 shares of the stock in a transaction dated Friday, March 7th. The stock was sold at an average price of C$8.28, for a total transaction of C$31,720.68. Also, Director Paul Botond Stilicho Tomory sold 8,563 shares of the stock in a transaction dated Friday, March 7th. The stock was sold at an average price of C$8.28, for a total value of C$70,901.64. 0.21% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
Several research firms have weighed in on CG. TD Securities cut their price objective on Centerra Gold from C$13.00 to C$12.00 and set a "buy" rating on the stock in a research report on Friday, March 7th. CIBC boosted their price objective on Centerra Gold from C$9.80 to C$10.30 and gave the stock a "neutral" rating in a research report on Thursday, March 20th. Raymond James boosted their price objective on Centerra Gold from C$12.00 to C$13.50 in a research report on Friday, April 4th. National Bank Financial raised Centerra Gold to a "strong-buy" rating in a research report on Friday, March 21st. Finally, Cormark cut Centerra Gold from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Centerra Gold presently has an average rating of "Moderate Buy" and a consensus price target of C$11.83.
Read Our Latest Stock Report on Centerra Gold
About Centerra Gold
(
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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.
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