Centerra Gold Inc. (TSE:CG - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$8.91 and traded as high as C$9.99. Centerra Gold shares last traded at C$9.87, with a volume of 1,263,261 shares changing hands.
Wall Street Analyst Weigh In
A number of research firms have commented on CG. CIBC boosted their price target on shares of 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. TD Securities dropped their target price on Centerra Gold from C$13.00 to C$12.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Raymond James Financial increased their price target on Centerra Gold from C$12.00 to C$13.50 in a research note on Friday, April 4th. National Bank Financial raised Centerra Gold to a "strong-buy" rating in a research note on Friday, March 21st. Finally, Royal Bank Of Canada raised their target price on Centerra Gold from C$12.00 to C$13.00 in a research note on Wednesday, June 4th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$12.11.
View Our Latest Stock Analysis on CG
Centerra Gold Stock Performance
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 firm has a market capitalization of C$1.46 billion, a PE ratio of 14.06, a P/E/G ratio of 1.26 and a beta of 1.23. The firm has a fifty day moving average price of C$9.53 and a 200 day moving average price of C$8.93.
Centerra Gold Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Thursday, June 5th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 2.89%. The ex-dividend date was Thursday, May 22nd. Centerra Gold's dividend payout ratio (DPR) is currently 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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