A number of other research firms also recently issued reports on CG. CIBC reduced their price target on shares of Centerra Gold from C$11.00 to C$9.50 in a research report on Wednesday, November 1st. BMO Capital Markets reiterated a market perform rating and set a C$10.50 price target on shares of Centerra Gold in a research report on Thursday. TD Securities lifted their price target on shares of Centerra Gold from C$7.50 to C$8.50 and gave the company a hold rating in a research report on Thursday, September 7th. National Bank Financial lifted their price objective on Centerra Gold from C$9.00 to C$10.00 and gave the stock a sector perform rating in a research report on Thursday. Finally, Royal Bank Of Canada upgraded Centerra Gold from an underperform rating to a sector perform rating and lifted their price objective for the stock from C$8.00 to C$10.00 in a research report on Friday, September 15th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Centerra Gold has an average rating of Hold and an average target price of C$9.14.
Shares of Centerra Gold (TSE CG) opened at C$7.89 on Thursday. Centerra Gold has a 12-month low of C$5.56 and a 12-month high of C$9.35.
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In other news, Director Gordon Dunlop Reid sold 28,300 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of C$9.10, for a total transaction of C$257,530.00. Also, insider Stephen A. Lang sold 25,000 shares of the business’s stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of C$8.98, for a total transaction of C$224,500.00. Insiders sold a total of 90,536 shares of company stock valued at $818,089 over the last quarter.
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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