Centerra Gold Inc. (CG) Receives Consensus Rating of “Hold” from Analysts
Centerra Gold Inc. (TSE:CG) has received an average recommendation of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$8.22.
Several research firms recently issued reports on CG. Scotiabank restated a “sector perform” rating and set a C$8.00 price objective on shares of Centerra Gold in a research report on Wednesday, March 29th. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Centerra Gold in a research note on Tuesday, May 2nd. BMO Capital Markets reaffirmed a “market perform” rating and set a C$8.00 target price on shares of Centerra Gold in a research note on Monday, July 10th. Finally, TD Securities reaffirmed a “hold” rating and set a C$7.50 target price on shares of Centerra Gold in a research note on Wednesday, May 3rd.
Centerra Gold (TSE:CG) opened at 6.61 on Tuesday. The company’s 50 day moving average is $7.03 and its 200-day moving average is $7.12. The stock has a market capitalization of $1.93 billion and a PE ratio of 9.18. Centerra Gold has a 1-year low of $5.56 and a 1-year high of $8.32.
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Centerra Gold Company Profile
Centerra Gold Inc is a Canada-based gold mining company focused on operating, developing, exploring and acquiring gold properties in Asia, North America and other markets across the world. The Company’s exploration segment includes the operations of Lagares Project in which the activities are related to its subsidiary, Centerra Gold (KB) Inc Its Kyrgyz segment includes Kumtor Gold Co (KGC) (Kyrgyz Republic), which operates Kumtor Mine.
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