Centerra Gold Inc. (TSE:CG - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$8.86 and traded as high as C$10.50. Centerra Gold shares last traded at C$10.32, with a volume of 1,085,829 shares changing hands.
Analyst Ratings Changes
Several brokerages have recently commented on CG. National Bankshares increased their price objective on Centerra Gold from C$12.00 to C$12.50 and gave the company an "outperform" rating in a research report on Wednesday, March 19th. CIBC raised their price target 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. Desjardins lowered Centerra Gold from a "buy" rating to a "hold" rating and reduced their price target for the stock from C$12.75 to C$11.00 in a research report on Thursday, February 13th. Royal Bank of Canada raised their price target on Centerra Gold from C$12.00 to C$13.00 in a research report on Wednesday. Finally, Raymond James raised their price target on Centerra Gold from C$12.00 to C$13.50 in a research report on Friday, April 4th. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$12.11.
View Our Latest Report on Centerra Gold
Centerra Gold Trading Down 0.4%
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 firm has a fifty day simple moving average of C$9.31 and a two-hundred day simple moving average of C$8.86. The firm has a market cap of C$1.55 billion, a PE ratio of 14.95, a PEG 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. Shareholders of record on Thursday, June 5th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend was Thursday, May 22nd. Centerra Gold's dividend payout ratio (DPR) is currently 40.58%.
Centerra Gold Company Profile
(
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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