Centerra Gold (TSE:CG)‘s stock had its “outperform” rating reaffirmed by Raymond James in a research report issued to clients and investors on Tuesday, BayStreet.CA reports. They currently have a C$13.00 price target on the stock. Raymond James’ price target would suggest a potential upside of 22.53% from the company’s previous close. 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.
Other equities research analysts also recently issued research reports about the stock. Bank of America upgraded shares of Centerra Gold from a “neutral” rating to a “buy” rating and raised their price objective for the stock from C$11.75 to C$15.75 in a research note on Friday, August 16th. TD Securities cut their target price on shares of Centerra Gold from C$14.50 to C$14.00 and set a “hold” rating for the company in a research note on Thursday, October 31st. Scotiabank reissued a “sector perform” rating on shares of Centerra Gold in a report on Monday. CSFB reduced their price target on shares of Centerra Gold from C$14.50 to C$13.00 in a report on Thursday, October 31st. Finally, CIBC lowered shares of Centerra Gold from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from C$13.75 to C$12.25 in a research report on Thursday, October 31st. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of C$13.00.
Shares of TSE CG opened at C$10.61 on Tuesday. Centerra Gold has a 12 month low of C$5.31 and a 12 month high of C$13.00. The company has a market cap of $2.95 billion and a P/E ratio of -96.45. The business’s 50 day moving average is C$11.38 and its two-hundred day moving average is C$10.56. The company has a quick ratio of 0.78, a current ratio of 3.47 and a debt-to-equity ratio of 6.03.
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.
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