The stock of Centerra Gold Inc. (TSE:CG) is a huge mover today! About 106,366 shares traded hands. Centerra Gold Inc. (TSE:CG) has declined 1.25% since April 26, 2016 and is downtrending. It has underperformed by 6.48% the S&P500.
The move comes after 9 months negative chart setup for the $2.05B company. It was reported on Nov, 30 by Barchart.com. We have $6.48 PT which if reached, will make TSE:CG worth $143.50M 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 22.09% above today’s ($6.97) stock price. Centerra Gold Inc. has been the topic of 27 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, January 13. The stock of Centerra Gold Inc. (TSE:CG) earned “Underperform” rating by RBC Capital Markets on Wednesday, December 23. TD Securities maintained Centerra Gold Inc. (TSE:CG) rating on Thursday, November 24. TD Securities has “Hold” rating and $8 price target. IBC maintained Centerra Gold Inc. (TSE:CG) on Wednesday, July 6 with “Sector Perform” rating. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, June 7 report. As per Tuesday, November 8, the company rating was maintained by RBC Capital Markets. The company was downgraded on Wednesday, August 19 by TheStreet. The rating was downgraded by RBC Capital Markets on Monday, August 24 to “Sector Perform”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, July 6. Scotia Capital maintained the shares of CG in a report on Thursday, November 17 with “Sector Perform” rating.
More 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 Forbes.com published the news titled: “Reminder – Centerra Gold (CG) Goes Ex-Dividend Soon” on August 05, 2016. Prnewswire.com‘s news article titled: “Thompson Creek Obtains Shareholder Approval for Arrangement with Centerra Gold …” with publication date: October 18, 2016 was also an interesting one.
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 $2.05 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.
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