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

 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 73,920 shares traded hands. Centerra Gold Inc. (TSE:CG) has risen 4.60% since April 14, 2016 and is uptrending. It has outperformed by 0.17% the S&P500.
The move comes after 7 months positive chart setup for the $2.07 billion company. It was reported on Nov, 18 by Barchart.com. We have $10.79 PT which if reached, will make TSE:CG worth $1.18 billion more.

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 23.87% above today’s ($6.87) stock price. Centerra Gold Inc. has been the topic of 26 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The company was downgraded on Monday, August 24 by RBC Capital Markets. The stock has “Sector Perform” rating given by RBC Capital Markets on Wednesday, January 13. The stock has “Sector Perform” rating given by RBC Capital Markets on Thursday, January 7. As per Tuesday, November 8, the company rating was maintained by Scotia Capital. The firm has “Sector Perform” rating given on Wednesday, July 6 by RBC Capital Markets. On Wednesday, August 19 the stock rating was downgraded by TheStreet to “Sell”. The stock has “Sector Perform” rating given by RBC Capital Markets on Tuesday, June 7. The firm earned “Sector Perform” rating on Wednesday, July 6 by IBC. RBC Capital Markets maintained the stock with “Underperform” rating in Wednesday, December 23 report. Cormark Securities downgraded the stock to “Market Perform” rating in Tuesday, June 7 report.

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 $2.07 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 14.49 P/E ratio. The Company’s Kyrgyz segment includes Kumtor Gold Co. (KGC) (Kyrgyz Republic), which operates Kumtor Mine.

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