Centerra Gold (TSE:CG) Given Outperform Overweight Rating at National Bank Financial

National Bank Financial restated their outperform overweight rating on shares of Centerra Gold (TSE:CG - Free Report) in a report released on Monday morning, Zacks.com reports.

Several other research analysts have also commented on CG. Canaccord Genuity Group dropped their price target on shares of Centerra Gold from C$11.75 to C$10.75 and set a buy rating on the stock in a research note on Thursday, March 21st. National Bankshares set a C$9.50 target price on Centerra Gold and gave the company an outperform rating in a report on Friday, February 16th. Desjardins reduced their price target on Centerra Gold from C$12.00 to C$11.75 and set a buy rating for the company in a research report on Tuesday, January 9th. BMO Capital Markets set a C$10.00 price objective on Centerra Gold and gave the company an outperform rating in a research note on Wednesday, February 21st. Finally, Bank of America upped their target price on Centerra Gold from C$7.55 to C$8.50 in a research report on Tuesday. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Centerra Gold currently has a consensus rating of Buy and a consensus target price of C$10.23.

Centerra Gold Stock Down 1.3 %

Shares of CG stock traded down C$0.11 on Monday, reaching C$8.27. 1,145,908 shares of the company's stock traded hands, compared to its average volume of 495,196. The company has a market capitalization of C$1.78 billion, a P/E ratio of -15.90, a price-to-earnings-growth ratio of 1.26 and a beta of 1.16. Centerra Gold has a 12-month low of C$6.07 and a 12-month high of C$10.28. The company has a debt-to-equity ratio of 1.45, a quick ratio of 3.24 and a current ratio of 3.25. The business's 50 day moving average price is C$7.47 and its two-hundred day moving average price is C$7.42.

Centerra Gold (TSE:CG - Get Free Report) last announced its quarterly earnings data on Thursday, February 22nd. The company reported C$0.38 EPS for the quarter, missing analysts' consensus estimates of C$0.39 by C($0.01). Centerra Gold had a negative net margin of 7.42% and a negative return on equity of 4.66%. The company had revenue of C$462.92 million for the quarter. On average, equities analysts forecast that Centerra Gold will post 0.4058317 earnings per share for the current year.

Centerra Gold Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 27th were paid a $0.07 dividend. The ex-dividend date was Tuesday, March 12th. This represents a $0.28 dividend on an annualized basis and a yield of 3.39%. Centerra Gold's payout ratio is currently -53.85%.

Insider Buying and Selling at Centerra Gold

In related news, Senior Officer Darren Millman sold 110,274 shares of the business's stock in a transaction on Friday, March 1st. The stock was sold at an average price of C$6.96, for a total value of C$766,955.67. Company insiders own 0.38% of the company's stock.

Centerra Gold Company Profile

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.