Centerra Gold’s (CG) “Outperform” Rating Reiterated at Raymond James

Raymond James reissued their outperform rating on shares of Centerra Gold (TSE:CG) in a research note published on Tuesday morning, BayStreet.CA reports. The firm currently has a C$13.00 price target on the stock. Raymond James also issued estimates for Centerra Gold’s Q1 2020 earnings at $0.32 EPS, Q2 2020 earnings at $0.32 EPS, Q3 2020 earnings at $0.31 EPS, Q4 2020 earnings at $0.29 EPS and FY2020 earnings at $1.25 EPS.

CG has been the subject of several other research reports. CSFB dropped their price target on shares of Centerra Gold from C$14.50 to C$13.00 in a research report on Thursday, October 31st. Bank of America raised Centerra Gold from a neutral rating to a buy rating and lifted their price objective for the company from C$11.75 to C$15.75 in a report on Friday, August 16th. CIBC lowered Centerra Gold from an outperform rating to a neutral rating and lowered their price objective for the company from C$13.75 to C$12.25 in a research note on Thursday, October 31st. TD Securities dropped their target price on Centerra Gold from C$14.50 to C$14.00 and set a hold rating for the company in a report on Thursday, October 31st. Finally, Scotiabank reissued a sector perform rating on shares of Centerra Gold in a report on Monday. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Centerra Gold presently has an average rating of Hold and a consensus price target of C$13.00.

Shares of Centerra Gold stock opened at C$10.39 on Tuesday. The company has a debt-to-equity ratio of 6.03, a quick ratio of 0.78 and a current ratio of 3.47. The firm’s 50-day simple moving average is C$11.32 and its 200-day simple moving average is C$10.58. Centerra Gold has a twelve month low of C$5.31 and a twelve month high of C$13.00. The firm has a market cap of $2.95 billion and a P/E ratio of -94.45.

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 flagship projects include the 100% owned Kumtor gold mine located in the Kyrgyz Republic; and the Mount Milligan gold-copper mine located in British Columbia, Canada.

Read More: What is included in the gross domestic product?

Analyst Recommendations for Centerra Gold (TSE:CG)

Receive News & Ratings for Centerra Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centerra Gold and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit