FY2019 EPS Estimates for Centerra Gold Inc. (CG) Lowered by Cormark

Centerra Gold Inc. (TSE:CG) – Research analysts at Cormark dropped their FY2019 earnings estimates for shares of Centerra Gold in a report issued on Tuesday. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $1.31 for the year, down from their prior forecast of $1.33.

Several other analysts have also recently commented on CG. National Bank Financial raised their price target on shares of Centerra Gold from C$7.75 to C$8.25 and gave the stock a “sector perform” rating in a report on Friday, January 26th. Canaccord Genuity decreased their price target on shares of Centerra Gold from C$8.50 to C$7.00 in a report on Friday, January 19th. Scotiabank decreased their price target on shares of Centerra Gold from C$11.00 to C$10.00 and set an “outperform” rating for the company in a report on Thursday, November 2nd. CIBC raised their price target on shares of Centerra Gold from C$9.00 to C$11.00 in a report on Thursday, December 14th. Finally, BMO Capital Markets set a C$9.50 price objective on shares of Centerra Gold and gave the company a “market perform” rating in a research report on Friday, December 29th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of C$9.03.

Centerra Gold (TSE:CG) traded up C$0.25 during mid-day trading on Thursday, hitting C$6.42. 613,305 shares of the company traded hands, compared to its average volume of 734,041. The firm has a market capitalization of $1,860.00, a PE ratio of 10.13 and a beta of -0.83. Centerra Gold has a twelve month low of C$5.90 and a twelve month high of C$9.35.

In other Centerra Gold news, insider Dennis Kwong acquired 5,600 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The shares were purchased at an average price of C$7.50 per share, with a total value of C$42,000.00.

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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.

Earnings History and Estimates for Centerra Gold (TSE:CG)

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