Equities research analysts at National Bank Financial raised their FY2018 earnings per share (EPS) estimates for Centerra Gold in a report issued on Wednesday. National Bank Financial analyst M. Parkin now forecasts that the company will post earnings per share of $0.43 for the year, up from their previous forecast of $0.23. National Bank Financial currently has a “Sector Perform” rating and a $8.25 target price on the stock.
CG has been the topic of a number of other research reports. Royal Bank of Canada lowered their price objective on shares of Centerra Gold from C$10.00 to C$8.00 and set a “sector perform” rating on the stock in a research note on Tuesday, January 9th. BMO Capital Markets upgraded shares of Centerra Gold from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from C$9.50 to C$10.00 in a research report on Monday, January 15th. TD Securities decreased their price objective on shares of Centerra Gold from C$9.50 to C$8.00 and set a “hold” rating for the company in a research note on Thursday, December 28th. CIBC raised their price objective on shares of Centerra Gold from C$9.00 to C$11.00 in a research note on Thursday, December 14th. Finally, Scotiabank decreased their price objective on shares of Centerra Gold from C$11.00 to C$10.00 and set an “outperform” rating for the company in a research note on Thursday, November 2nd. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of C$9.03.
Centerra Gold (CG) opened at C$6.27 on Monday. Centerra Gold has a 12 month low of C$5.90 and a 12 month high of C$9.35. The company has a market cap of $1,830.00, a P/E ratio of 10.28 and a beta of -0.83.
In related news, insider Dennis Kwong bought 5,600 shares of the firm’s stock in a transaction on Friday, November 24th. The stock was bought at an average price of C$7.50 per share, with a total value of C$42,000.00.
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 the Kumtor Mine.