Breaking Finance News

RBC Capital Markets disclosed Centerra Gold (TSE:CG), boosting its price target to $10.00 earlier today

Stating a possible upside of 0.12%, RBC Capital Markets increased the target price of Centerra Gold (TSE:CG) to $10.00

Previously on 9/12/2017, TD Securities reported about Centerra Gold (TSE:CG) raised the target price from $8.50 to $10.00. At the time, this indicated a possible upside of 0.08%.

Yesterday Centerra Gold (TSE:CG) traded -1.66% lower at $8.91. The company’s 50-day moving average is $7.43 and its 200-day moving average is $7.27. The last stock close price is up 22.49% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 3,064,134 shares of the stock were exchanged, up from an average trading volume of 1,143,060

See Chart Below

Centerra Gold (TSE:CG)

Centerra Gold has a 52 week low of $5.56 and a 52 week high of $9.29 with a P/E ratio of 11.68 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 11 firms have reported on the stock. The consensus target price is $6.33 with 1 firm rating the stock a strong buy, 2 firms rating the stock a buy, 5 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Centerra Gold (TSE:CG)

Centerra Gold Inc. is a Canada-based gold mining company focused on operating, developing, exploring and acquiring gold properties in Asia, North America and other markets across the world. The Company's exploration segment includes the operations of Lagares Project in which the activities are related to its subsidiary, Centerra Gold (KB) Inc. Its Kyrgyz segment includes Kumtor Gold Co. (KGC) (Kyrgyz Republic), which operates Kumtor Mine. Its Mongolian segment includes Centerra Gold Mongolia LLC (CGM) (Mongolia), which operates ATO Project and Gatsuurt Project, and Boroo Gold LLC (BGC) (Mongolia), which operates Boroo Mine. Its Turkish segment includes Centerra Luxembourg Holdings S.ar.L (Luxembourg), Centerra Exploration B.V. (CEBV) (The Netherlands), and Oksut Madencilik Sanayi Ve Tkaret A.S. (Turkey), which operates Oksut Project. Its Canadian segment includes Hearts Peak Project and Greenstone Gold Mines (Canada). Its subsidiaries also include Greenstone Gold Mines GP Inc.

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

Leave a Reply

Your email address will not be published. Required fields are marked *