Claudia D’orazio Sells 29,388 Shares of Centerra Gold Inc. (TSE:CG) Stock

Centerra Gold Inc. (TSE:CG) Senior Officer Claudia D’orazio sold 29,388 shares of Centerra Gold stock in a transaction on Friday, September 27th. The stock was sold at an average price of C$10.20, for a total transaction of C$299,757.60.

Centerra Gold Trading Up 0.8 %

TSE CG opened at C$9.79 on Wednesday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 3.24 and a current ratio of 3.79. The firm has a market cap of C$2.08 billion, a PE ratio of 11.94, a P/E/G ratio of 1.26 and a beta of 1.23. Centerra Gold Inc. has a one year low of C$6.07 and a one year high of C$10.54. The firm’s fifty day moving average is C$9.40 and its two-hundred day moving average is C$9.05.

Centerra Gold (TSE:CG) last posted its quarterly earnings data on Thursday, August 1st. The company reported C$0.31 EPS for the quarter, beating analysts’ consensus estimates of C$0.22 by C$0.09. The company had revenue of C$386.27 million for the quarter. Centerra Gold had a net margin of 10.69% and a return on equity of 7.98%.

Centerra Gold Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Thursday, August 15th were paid a dividend of $0.07 per share. The ex-dividend date was Thursday, August 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.86%. Centerra Gold’s dividend payout ratio (DPR) is 34.15%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. CIBC cut shares of Centerra Gold from an “outperform” rating to a “neutral” rating and boosted their price target for the company from C$11.00 to C$13.00 in a research report on Wednesday, July 10th. Cibc World Mkts cut shares of Centerra Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 10th. Raymond James reduced their price target on shares of Centerra Gold from C$13.50 to C$13.00 and set an “outperform” rating for the company in a research report on Monday. National Bankshares boosted their price target on shares of Centerra Gold from C$11.25 to C$12.00 and gave the company an “outperform” rating in a research report on Monday, June 10th. Finally, Canaccord Genuity Group boosted their price target on shares of Centerra Gold from C$11.50 to C$12.50 in a research report on Tuesday, July 23rd. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Centerra Gold has a consensus rating of “Moderate Buy” and a consensus price target of C$11.83.

About Centerra Gold

Centerra Gold Inc, a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey.