Centerra Gold’s (TSE:CG) Market Perform Rating Reaffirmed at BMO Capital Markets

BMO Capital Markets reissued their market perform rating on shares of Centerra Gold Inc. (TSE:CG) in a research report sent to investors on Monday, July 10th. They currently have a C$8.00 price target on the stock.

CG has been the topic of several other reports. Scotiabank restated a sector perform rating and set a C$8.00 price objective on shares of Centerra Gold in a report on Wednesday, March 29th. Royal Bank Of Canada restated an underperform rating on shares of Centerra Gold in a report on Tuesday, May 2nd. CSFB dropped their price objective on Centerra Gold from C$10.25 to C$10.00 and set an outperform rating on the stock in a report on Friday, March 24th. Finally, TD Securities reiterated a hold rating and issued a C$7.50 target price on shares of Centerra Gold in a research report on Wednesday, May 3rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. Centerra Gold has a consensus rating of Hold and a consensus price target of C$8.14.

Centerra Gold (TSE:CG) opened at 6.59 on Monday. The firm has a 50 day moving average of $6.92 and a 200-day moving average of $7.11. The company has a market capitalization of $1.92 billion and a price-to-earnings ratio of 9.15. Centerra Gold has a 52-week low of $5.56 and a 52-week high of $8.32.

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About Centerra Gold

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.

Analyst Recommendations for Centerra Gold (TSE:CG)

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