Centerra Gold (TSE:CG - Get Free Report) was downgraded by stock analysts at Royal Bank Of Canada from a "moderate buy" rating to a "hold" rating in a report released on Wednesday, MarketBeat.com reports. They currently have a C$14.00 price objective on the stock, up from their prior price objective of C$13.00. Royal Bank Of Canada's price target indicates a potential upside of 9.98% from the company's current price.
A number of other analysts have also recently weighed in on the company. BMO Capital Markets cut Centerra Gold from a "strong-buy" rating to a "hold" rating and lowered their price objective for the stock from C$14.00 to C$10.00 in a research report on Friday, August 8th. Raymond James Financial raised their price objective on Centerra Gold from C$13.00 to C$13.50 in a research report on Thursday, August 21st. Finally, Cibc World Mkts raised Centerra Gold from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 27th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$12.47.
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Centerra Gold Stock Down 0.4%
Shares of CG traded down C$0.05 during midday trading on Wednesday, reaching C$12.73. 2,298,251 shares of the stock were exchanged, compared to its average volume of 837,847. Centerra Gold has a 52 week low of C$7.72 and a 52 week high of C$13.07. 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's 50 day moving average is C$10.44 and its two-hundred day moving average is C$9.67. The company has a market capitalization of C$2.59 billion, a P/E ratio of 37.44, a PEG ratio of 1.26 and a beta of 1.24.
Centerra Gold Company Profile
(
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Centerra Gold Inc is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye.
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