The stock of Centerra Gold Inc. (TSE:CG) is a huge mover today! About 225,191 shares traded hands. Centerra Gold Inc. (TSE:CG) has risen 14.45% since April 1, 2016 and is uptrending. It has outperformed by 12.49% the S&P500.
The move comes after 7 months positive chart setup for the $1.85B company. It was reported on Nov, 8 by Barchart.com. We have $9.89 PT which if reached, will make TSE:CG worth $869.50M more.
Centerra Gold Inc. (TSE:CG) Ratings Coverage
Out of 8 analysts covering Centerra Gold Inc. (TSE:CG), 2 rate it a “Buy”, 2 “Sell”, while 4 “Hold”. This means 25% are positive. $10 is the highest target while $6 is the lowest. The $8.30 average target is 23.33% above today’s ($6.73) stock price. Centerra Gold Inc. has been the topic of 22 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The company was downgraded on Wednesday, August 19 by TheStreet. As per Monday, August 24, the company rating was downgraded by RBC Capital Markets. The firm earned “Underperform” rating on Wednesday, December 23 by RBC Capital Markets. As per Wednesday, January 13, the company rating was maintained by RBC Capital Markets. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, July 6. The stock has “Market Perform” rating given by Cormark Securities on Tuesday, June 7. The stock of Centerra Gold Inc. (TSE:CG) earned “Sector Perform” rating by RBC Capital Markets on Thursday, January 7. IBC maintained Centerra Gold Inc. (TSE:CG) on Wednesday, July 6 with “Sector Perform” rating. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, June 7.
More important recent Centerra Gold Inc. (TSE:CG) news were published by: Bloomberg.com which released: “Centerra to Buy Debt-Choked Thompson Creek in $1.1 Billion Deal” on July 05, 2016, also Seekingalpha.com published article titled: “Centerra Gold’s (CAGDF) CEO Scott Perry on Q3 2016 Results – Earnings Call …”, Seekingalpha.com published: “A New Gold Major Is Born” on October 27, 2016. More interesting news about Centerra Gold Inc. (TSE:CG) was released by: Prnewswire.com and their article: “Thompson Creek Obtains Shareholder Approval for Arrangement with Centerra Gold …” with publication date: October 18, 2016.
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 $1.85 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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