Paul Botond Stilicho Tomory Sells 8,563 Shares of Centerra Gold Inc. (TSE:CG) Stock

Centerra Gold Inc. (TSE:CG) Director Paul Botond Stilicho Tomory sold 8,563 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of C$8.28, for a total value of C$70,901.64.

Centerra Gold Stock Performance

Centerra Gold stock opened at C$7.93 on Tuesday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.24 and a current ratio of 3.60. The stock has a fifty day moving average of C$8.75 and a two-hundred day moving average of C$8.99. The company has a market capitalization of C$1.19 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 1.26 and a beta of 1.23. Centerra Gold Inc. has a fifty-two week low of C$7.42 and a fifty-two week high of C$10.59.

Centerra Gold Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 27th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend is Thursday, March 13th. Centerra Gold’s payout ratio is 40.58%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Cormark downgraded Centerra Gold from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Royal Bank of Canada cut their target price on Centerra Gold from C$12.00 to C$11.00 in a research note on Tuesday, January 7th. CIBC cut their target price on Centerra Gold from C$12.50 to C$9.80 in a research note on Monday, December 2nd. Desjardins downgraded Centerra Gold from a “buy” rating to a “hold” rating and cut their target price for the stock from C$12.75 to C$11.00 in a research note on Thursday, February 13th. Finally, TD Securities dropped their price objective on Centerra Gold from C$13.00 to C$12.00 and set a “buy” rating for the company in a research note on Friday. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$11.47.

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.