Centerra Gold (TSE:CG) Hits New 12-Month High at $11.13

Centerra Gold Inc. (TSE:CG)’s share price reached a new 52-week high on Tuesday . The company traded as high as C$11.13 and last traded at C$11.12, with a volume of 373539 shares traded. The stock had previously closed at C$10.91.

Several research analysts have recently issued reports on CG shares. Raymond James restated a “buy” rating and set a $10.00 price objective on shares of The Carlyle Group in a report on Monday, June 3rd. CIBC restated a “hold” rating on shares of Sandstorm Gold in a 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 report on Wednesday, July 10th. Royal Bank of Canada restated an “underperform” rating and set a GBX 215 ($2.81) price objective on shares of in a report on Wednesday, June 26th. Finally, Canaccord Genuity restated a “buy” rating on shares of Wheaton Precious Metals in a report on Friday, July 19th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of C$10.71.

The company has a fifty day moving average price of C$9.64. The company has a debt-to-equity ratio of 8.60, a quick ratio of 0.90 and a current ratio of 3.12. The company has a market cap of $3.16 billion and a P/E ratio of 22.35.

Centerra Gold (TSE:CG) last posted its quarterly earnings data on Wednesday, May 1st. The company reported C$0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.15 by C$0.08. The company had revenue of C$444.86 million for the quarter. As a group, analysts forecast that Centerra Gold Inc. will post 0.9200001 earnings per share for the current year.

Centerra Gold Company Profile (TSE:CG)

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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