Centerra Gold Inc.’s Stock Is Buy After Today’s Huge Increase


The stock of Centerra Gold Inc. (TSE:CG) is a huge mover today! About 743,385 shares traded hands. Centerra Gold Inc. (TSE:CG) has declined 1.56% since February 5, 2016 and is downtrending. It has underperformed by 18.05% the S&P500.
The move comes after 8 months positive chart setup for the $1.69 billion company. It was reported on Sep, 13 by We have $9.05 PT which if reached, will make TSE:CG worth $523.90M more.

Out of 6 analysts covering Centerra Gold Inc. (TSE:CG), 1 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 17% are positive. Centerra Gold Inc. has been the topic of 16 analyst reports since October 8, 2015 according to StockzIntelligence Inc.

Centerra Gold Inc. is a Canada-based gold mining firm focused on operating, developing, exploring and acquiring gold properties in Asia, North America and other markets across the world. The company has a market cap of $1.69 billion. The Company’s exploration segment includes the activities of Lagares Project in which the activities are related to its subsidiary, Centerra Gold Inc. It currently has negative earnings. The Company’s Kyrgyz segment includes Kumtor Gold Co. (KGC) (Kyrgyz Republic), which operates Kumtor Mine.

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