Centerra Gold Inc. (TSE:CG - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$9.06 and traded as high as C$10.36. Centerra Gold shares last traded at C$10.29, with a volume of 189,239 shares traded.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on the company. CIBC increased their target price 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. National Bankshares increased their target price on Centerra Gold from C$12.00 to C$12.50 and gave the stock an "outperform" rating in a research report on Wednesday, March 19th. Raymond James Financial increased their target price on Centerra Gold from C$12.00 to C$13.50 in a research report on Friday, April 4th. Royal Bank Of Canada increased their target price on Centerra Gold from C$12.00 to C$13.00 in a research report on Wednesday, June 4th. Finally, National Bank Financial raised Centerra Gold to a "strong-buy" rating in a research report on Friday, March 21st. 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 stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of C$12.11.
Read Our Latest Research Report on CG
Centerra Gold Price Performance
The company has a current ratio of 3.60, a quick ratio of 3.24 and a debt-to-equity ratio of 1.26. The company has a market cap of C$1.55 billion, a PE ratio of 14.91, a P/E/G ratio of 1.26 and a beta of 1.23. The firm has a 50 day moving average of C$9.68 and a two-hundred day moving average of C$9.07.
Centerra Gold Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Thursday, June 5th were paid a $0.07 dividend. The ex-dividend date was Thursday, May 22nd. This represents a $0.28 annualized dividend and a dividend yield of 2.72%. Centerra Gold's payout ratio 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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