Shares of Centerra Gold Inc. (TSE:CG - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.39 and traded as high as C$10.11. Centerra Gold shares last traded at C$10.06, with a volume of 671,165 shares.
Analyst Ratings Changes
CG has been the topic of several research analyst reports. Royal Bank Of Canada increased their target price on Centerra Gold from C$12.00 to C$13.00 in a report on Wednesday, June 4th. BMO Capital Markets cut Centerra Gold from a "strong-buy" rating to a "hold" rating and decreased their price target for the company from C$14.00 to C$10.00 in a report on Friday, August 8th. Finally, Cibc World Mkts upgraded Centerra Gold from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 27th. Four analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$11.76.
Check Out Our Latest Stock Analysis on Centerra Gold
Centerra Gold Stock Up 0.4%
The firm has a 50 day simple moving average of C$9.86 and a two-hundred day simple moving average of C$9.39. 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 has a market cap of C$1.51 billion, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23.
Centerra Gold Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, September 4th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $0.28 annualized dividend and a yield of 2.8%. Centerra Gold's dividend payout ratio is presently 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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