Centerra Gold (TSE:CG) Price Target Raised to C$11.75 at National Bank Financial

Centerra Gold (TSE:CG) had its target price boosted by National Bank Financial from C$10.00 to C$11.75 in a research report released on Tuesday, BayStreet.CA reports. They currently have a sector perform rating on the stock. National Bank Financial also issued estimates for Centerra Gold’s Q2 2019 earnings at $0.10 EPS and FY2019 earnings at $0.75 EPS.

CG has been the subject of several other research reports. CIBC restated a hold rating on shares of Sandstorm Gold in a research report on Monday, July 15th. CSFB dropped their price objective on shares of Lundin Mining from C$9.75 to C$9.00 in a research report on Wednesday, July 10th. Canaccord Genuity restated a buy rating on shares of Wheaton Precious Metals in a research report on Friday, July 19th. Royal Bank of Canada restated an underperform rating and issued a GBX 215 ($2.81) price objective on shares of in a research report on Wednesday, June 26th. Finally, Raymond James restated a buy rating and issued a $10.00 price objective on shares of The Carlyle Group in a research report on Monday, June 3rd. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of C$10.71.

CG stock opened at C$10.79 on Tuesday. The company has a quick ratio of 0.90, a current ratio of 3.12 and a debt-to-equity ratio of 8.60. The stock has a 50 day moving average of C$9.42. Centerra Gold has a fifty-two week low of C$4.76 and a fifty-two week high of C$11.12. The company has a market cap of $3.18 billion and a PE ratio of 21.71.

Centerra Gold (TSE:CG) last posted its quarterly earnings data on Wednesday, May 1st. The company reported C$0.23 earnings per share for the quarter, topping the consensus estimate of C$0.15 by C$0.08. The company had revenue of C$444.86 million during the quarter. On average, equities research analysts anticipate that Centerra Gold will post 0.89 earnings per share for the current year.

About Centerra Gold

Centerra Gold Inc, a gold mining and exploration company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Asia, and internationally. Its flagship projects include the 100% owned Kumtor gold mine located in the Kyrgyz Republic; and the Mount Milligan gold-copper mine located in British Columbia, Canada.

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