Centerra Gold Inc. (TSE:CG) has received a consensus recommendation of “Buy” from the eight ratings firms that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is C$8.31.
Several research analysts recently weighed in on the stock. CIBC dropped their target price on shares of Centerra Gold from C$9.00 to C$7.50 in a report on Thursday, August 2nd. Raymond James dropped their target price on shares of Centerra Gold from C$9.50 to C$9.00 in a report on Thursday, August 2nd. Canaccord Genuity dropped their target price on shares of Centerra Gold from C$8.00 to C$6.75 in a report on Tuesday, July 24th. Finally, National Bank Financial dropped their target price on shares of Centerra Gold from C$8.50 to C$7.25 in a report on Saturday, July 14th.
Shares of CG stock opened at C$5.39 on Friday. Centerra Gold has a 1 year low of C$4.89 and a 1 year high of C$9.35.
About Centerra Gold
Centerra Gold Inc, a gold mining and exploration company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Asia, and internationally. Its principal projects include Kumtor gold mine located in the Kyrgyz Republic; and the Mount Milligan gold-copper mine located in British Columbia, Canada.
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