Centerra Gold Inc. (TSE:CG) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Centerra Gold Inc. (TSE:CG) has been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$22.00.

A number of brokerages recently commented on CG. TD Securities raised their target price on Centerra Gold from C$19.00 to C$30.00 in a report on Thursday, January 22nd. Canadian Imperial Bank of Commerce increased their price target on shares of Centerra Gold from C$30.00 to C$37.00 in a research report on Wednesday, February 4th. Raymond James Financial lifted their price objective on shares of Centerra Gold from C$24.50 to C$27.00 and gave the company a “market perform” rating in a report on Wednesday, January 21st. Cormark raised shares of Centerra Gold from a “hold” rating to a “moderate buy” rating in a research note on Thursday, October 30th. Finally, BMO Capital Markets upgraded shares of Centerra Gold from a “hold” rating to an “outperform” rating in a report on Tuesday, January 20th.

Centerra Gold Price Performance

TSE:CG opened at C$26.24 on Thursday. Centerra Gold has a one year low of C$7.72 and a one year high of C$27.55. The stock has a market cap of C$5.29 billion, a PE ratio of 16.30, a P/E/G ratio of 1.26 and a beta of 1.58. 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 50 day moving average price of C$23.20 and a 200 day moving average price of C$17.82.

Centerra Gold (TSE:CG) last released its quarterly earnings data on Thursday, February 19th. The company reported C$0.56 earnings per share for the quarter. The company had revenue of C$531.63 million for the quarter. Centerra Gold had a return on equity of 6.06% and a net margin of 8.32%.

About Centerra Gold

Centerra Gold Inc is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Goldfield District Project in Nevada, United States, the Kemess Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada.