Is Centerra Gold Inc.’s Fuel Running Low? The Stock Just Declined Again

 Is Centerra Gold Inc.'s Fuel Running Low? The Stock Just Declined Again

The stock of Centerra Gold Inc. (TSE:CG) is a huge mover today! About 289,732 shares traded hands. Centerra Gold Inc. (TSE:CG) has risen 4.78% since April 12, 2016 and is uptrending. It has outperformed by 0.10% the S&P500.
The move comes after 5 months negative chart setup for the $2.16B company. It was reported on Nov, 16 by Barchart.com. We have $6.35 PT which if reached, will make TSE:CG worth $194.40 million less.

Centerra Gold Inc. (TSE:CG) Ratings Coverage

Out of 8 analysts covering Centerra Gold Inc. (TSE:CG), 2 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 25% are positive. $10 is the highest target while $6 is the lowest. The $8.51 average target is 21.92% above today’s ($6.98) stock price. Centerra Gold Inc. has been the topic of 25 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The stock of Centerra Gold Inc. (TSE:CG) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, January 13. The stock of Centerra Gold Inc. (TSE:CG) earned “Sector Perform” rating by Scotia Capital on Tuesday, November 8. The rating was upgraded by RBC Capital Markets on Thursday, January 7 to “Sector Perform”. The firm has “Sector Perform” rating given on Monday, August 24 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, November 8. The firm has “Underperform” rating given on Wednesday, December 23 by RBC Capital Markets. The firm has “Sector Perform” rating given on Wednesday, July 6 by IBC. The firm earned “Market Perform” rating on Tuesday, June 7 by Cormark Securities. RBC Capital Markets maintained the shares of CG in a report on Tuesday, June 7 with “Sector Perform” rating. The firm has “Sell” rating by TheStreet given on Wednesday, August 19.

More news for Centerra Gold Inc. (TSE:CG) were recently published by: Bloomberg.com, which released: “Centerra to Buy Debt-Choked Thompson Creek in $1.1 Billion Deal” on July 05, 2016. Forbes.com‘s article titled: “Reminder – Centerra Gold (CG) Goes Ex-Dividend Soon” and published on August 05, 2016 is yet another important article.

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 $2.16 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 has a 14.8 P/E ratio. The Company’s Kyrgyz segment includes Kumtor Gold Co. (KGC) (Kyrgyz Republic), which operates Kumtor Mine.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment