Other research analysts have also issued research reports about the company. Royal Bank of Canada reiterated an underperform rating on shares of Centerra Gold in a report on Thursday. TD Securities reiterated a hold rating and issued a C$7.00 price target on shares of Centerra Gold in a report on Tuesday, January 24th. Desjardins cut their price target on Centerra Gold from C$7.50 to C$6.75 in a report on Friday, February 3rd. Canaccord Genuity lowered Centerra Gold from a buy rating to a hold rating and cut their price target for the stock from C$8.50 to C$7.50 in a report on Tuesday, January 17th. Finally, Scotiabank reiterated a sector perform rating and issued a C$8.00 price target on shares of Centerra Gold in a report on Tuesday, January 17th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of C$8.09.
Centerra Gold (TSE:CG) traded up 2.04% on Friday, hitting $7.50. The company had a trading volume of 439,241 shares. Centerra Gold has a one year low of $5.56 and a one year high of $8.13. The stock has a market capitalization of $2.18 billion and a PE ratio of 12.54. The stock has a 50 day moving average of $6.79 and a 200-day moving average of $6.76.
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About Centerra Gold
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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