Centerra Gold Inc. (CG) Receives “Sector Perform” Rating from Scotiabank
A number of other research firms have also weighed in on CG. TD Securities decreased their target price on shares of Centerra Gold from C$9.00 to C$8.50 and set a hold rating for the company in a research note on Friday, July 29th. CSFB reaffirmed an outperform rating and set a C$10.25 target price on shares of Centerra Gold in a research note on Wednesday, October 26th. Canaccord Genuity raised their target price on shares of Centerra Gold from C$8.50 to C$8.75 and gave the company a buy rating in a research note on Monday, October 24th. Finally, Royal Bank Of Canada reaffirmed a sector perform rating on shares of Centerra Gold in a research note on Tuesday, November 8th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of Hold and an average price target of C$9.07.
Shares of Centerra Gold (TSE:CG) traded down 0.88% during mid-day trading on Thursday, reaching $6.76. The company had a trading volume of 125,987 shares. The firm has a 50-day moving average of $6.73 and a 200-day moving average of $7.15. The company’s market capitalization is $1.64 billion. Centerra Gold has a 12-month low of $5.64 and a 12-month high of $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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