Centerra Gold Inc. (TSE:CG - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$9.15 and traded as high as C$10.00. Centerra Gold shares last traded at C$9.88, with a volume of 714,940 shares.
Wall Street Analyst Weigh In
CG has been the topic of several research reports. Royal Bank Of Canada raised their price objective on shares of Centerra Gold from C$12.00 to C$13.00 in a research report on Wednesday, June 4th. Cibc World Mkts upgraded shares of Centerra Gold from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 27th. Finally, Raymond James Financial lifted their target price on shares of Centerra Gold from C$12.00 to C$13.50 in a research note on Friday, April 4th. Three equities research 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. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of C$12.11.
Check Out Our Latest Research Report on CG
Centerra Gold Trading Down 1.7%
The company has a debt-to-equity ratio of 1.26, a current ratio of 3.60 and a quick ratio of 3.24. The stock's 50-day moving average is C$9.75 and its two-hundred day moving average is C$9.19. The stock has a market cap of C$1.44 billion, a P/E ratio of 13.91, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23.
Centerra Gold Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Thursday, June 5th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.28 dividend on an annualized basis and a yield of 2.92%. Centerra Gold's payout ratio is 40.58%.
About Centerra Gold
(
Get Free Report)
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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