Centerra Gold Inc. (TSE:CG - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight research firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$12.11.
CG has been the topic of a number of recent analyst reports. National Bank Financial upgraded Centerra Gold to a "strong-buy" rating in a research report on Friday, March 21st. CIBC lifted their price target on shares of Centerra Gold from C$9.80 to C$10.30 and gave the company a "neutral" rating in a report on Thursday, March 20th. Cibc World Mkts upgraded shares of Centerra Gold from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 27th. Royal Bank Of Canada lifted their target price on shares of Centerra Gold from C$12.00 to C$13.00 in a research note on Wednesday, June 4th. Finally, Raymond James Financial boosted their price target on shares of Centerra Gold from C$12.00 to C$13.50 in a research report on Friday, April 4th.
Check Out Our Latest Stock Analysis on Centerra Gold
Centerra Gold Trading Up 0.3%
Shares of TSE CG traded up C$0.03 during mid-day trading on Wednesday, hitting C$9.80. The stock had a trading volume of 798,796 shares, compared to its average volume of 766,564. The business has a 50 day moving average price of C$9.73 and a two-hundred day moving average price of C$9.10. Centerra Gold has a 1 year low of C$7.72 and a 1 year high of C$10.59. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.24 and a current ratio of 3.60. The firm has a market cap of C$1.47 billion, a P/E ratio of 14.20, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23.
Centerra Gold Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Thursday, June 5th were given a dividend of $0.07 per share. The ex-dividend date was Thursday, May 22nd. This represents a $0.28 annualized dividend and a dividend yield of 2.86%. Centerra Gold's dividend payout ratio (DPR) is presently 40.58%.
Centerra Gold Company Profile
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Get Free ReportCenterra 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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