Centerra Gold Inc. (CG) Insider Dennis Kwong Sells 12,924 Shares
Centerra Gold Inc. (TSE:CG) insider Dennis Kwong sold 12,924 shares of Centerra Gold stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of C$9.07, for a total transaction of C$117,220.68.
Shares of Centerra Gold Inc. (TSE CG) traded up 0.78% on Thursday, reaching $9.06. 724,404 shares of the company were exchanged. The company’s 50-day moving average is $7.36 and its 200-day moving average is $7.26. The company has a market capitalization of $2.64 billion and a price-to-earnings ratio of 11.87. Centerra Gold Inc. has a 52 week low of $5.56 and a 52 week high of $9.29.
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A number of equities research analysts have recently weighed in on the stock. National Bank Financial cut their target price on shares of Centerra Gold from C$8.50 to C$8.25 and set an “outperform” rating on the stock in a research note on Thursday, August 17th. CIBC lifted their price target on shares of Centerra Gold from C$8.50 to C$9.50 in a research report on Thursday, September 7th. TD Securities lowered their price target on shares of Centerra Gold from C$10.00 to C$8.50 and set a “hold” rating for the company in a research report on Wednesday. Scotiabank lowered their price target on shares of Centerra Gold from C$11.00 to C$8.00 and set an “outperform” rating for the company in a research report on Monday. Finally, BMO Capital Markets reissued a “market perform” rating and set a C$8.00 price target on shares of Centerra Gold in a research report on Monday, July 10th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Centerra Gold has a consensus rating of “Hold” and an average target price of C$8.22.
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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