Centerra Gold (TSE:CG – Get Free Report) had its price objective raised by equities researchers at CIBC from C$9.50 to C$11.00 in a research report issued on Monday, BayStreet.CA reports. CIBC’s price target suggests a potential upside of 33.98% from the company’s previous close.
CG has been the topic of several other reports. Bank of America increased their target price on Centerra Gold from C$7.55 to C$8.50 in a research report on Tuesday, April 9th. BMO Capital Markets set a C$10.00 target price on Centerra Gold and gave the stock an “outperform” rating in a research report on Wednesday, February 21st. National Bank Financial reissued an “outperform overweight” rating on shares of Centerra Gold in a research report on Monday, April 8th. Desjardins cut their price objective on Centerra Gold from C$12.00 to C$11.75 and set a “buy” rating on the stock in a report on Tuesday, January 9th. Finally, Canaccord Genuity Group reduced their price objective on Centerra Gold from C$11.75 to C$10.75 and set a “buy” rating on the stock in a research note on Thursday, March 21st. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$10.36.
Centerra Gold Trading Down 0.7 %
Centerra Gold (TSE:CG – Get Free Report) last announced its quarterly earnings results on Thursday, February 22nd. The company reported C$0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.39 by C($0.01). Centerra Gold had a negative net margin of 7.42% and a negative return on equity of 4.66%. The business had revenue of C$462.92 million during the quarter. On average, analysts forecast that Centerra Gold will post 0.4058317 earnings per share for the current fiscal year.
Insider Activity at Centerra Gold
In other Centerra Gold news, Senior Officer Darren Millman sold 110,274 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of C$6.96, for a total value of C$766,955.67. Insiders own 0.38% of the company’s stock.
Centerra Gold Company Profile
Centerra Gold Inc, a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey.
Read More
- Five stocks we like better than Centerra Gold
- How to Find Undervalued Stocks
- Silicon Motion Proves That AI in Motion Stays in Motion
- How to Invest in Insurance Companies: A Guide
- Undervalued UnitedHealth Group Won’t Be For Long
- Where Do I Find 52-Week Highs and Lows?
- The 5 Stocks Most Sold By Insiders This Year
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.