Centerra Gold Inc. (TSE:CG) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Centerra Gold Inc. (TSE:CG) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$11.37.

CG has been the topic of several research reports. Desjardins upgraded shares of Centerra Gold to a “moderate buy” rating in a report on Thursday, October 31st. CIBC dropped their price target on Centerra Gold from C$12.50 to C$9.80 in a research note on Monday. Finally, Raymond James reduced their price objective on Centerra Gold from C$13.00 to C$12.50 in a research note on Monday, November 4th.

Centerra Gold Stock Performance

TSE:CG opened at C$8.34 on Tuesday. The company has a quick ratio of 3.24, a current ratio of 3.79 and a debt-to-equity ratio of 1.29. Centerra Gold has a twelve month low of C$6.07 and a twelve month high of C$10.59. The company has a fifty day moving average of C$9.28 and a 200-day moving average of C$9.33. The firm has a market capitalization of C$1.77 billion, a P/E ratio of 9.93, a P/E/G ratio of 1.26 and a beta of 1.23.

Centerra Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a dividend of $0.07 per share. The ex-dividend date was Wednesday, November 13th. This represents a $0.28 annualized dividend and a yield of 3.36%. Centerra Gold’s dividend payout ratio (DPR) is currently 33.33%.

Insider Activity at Centerra Gold

In other news, Senior Officer Yousef Rehman sold 71,419 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of C$10.03, for a total value of C$716,332.57. Also, Senior Officer Claudia D’orazio sold 29,388 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of C$10.20, for a total value of C$299,757.60. 0.21% of the stock is currently owned by insiders.

About Centerra Gold

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.