National Bank Financial Trims Centerra Gold (TSE:CG) Target Price to C$14.00

Centerra Gold (TSE:CG) had its price objective decreased by National Bank Financial from C$14.50 to C$14.00 in a report issued on Wednesday, BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.

A number of other equities analysts have also commented on the stock. Raymond James set a C$13.00 price target on shares of Centerra Gold and gave the stock an outperform rating in a research report on Wednesday, February 12th. Scotiabank lowered their price target on shares of Centerra Gold from C$13.00 to C$12.00 in a research report on Monday, January 13th. Finally, Bank of America lowered their price target on shares of Centerra Gold from C$14.00 to C$12.00 in a research report on Wednesday, March 4th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Centerra Gold currently has a consensus rating of Hold and an average target price of C$12.36.

TSE:CG traded up C$0.25 during mid-day trading on Wednesday, reaching C$9.45. 1,286,392 shares of the company’s stock were exchanged, compared to its average volume of 933,716. Centerra Gold has a one year low of C$5.52 and a one year high of C$13.00. The firm has a market capitalization of $2.70 billion and a PE ratio of -85.91. The business’s fifty day simple moving average is C$9.18 and its two-hundred day simple moving average is C$10.41. The company has a debt-to-equity ratio of 6.03, a quick ratio of 0.78 and a current ratio of 3.47.

Centerra Gold Company Profile

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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Analyst Recommendations for Centerra Gold (TSE:CG)

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