Centerra Gold (TSE:CG) Downgraded to Hold Rating by Cormark

Centerra Gold (TSE:CG) was downgraded by equities research analysts at Cormark from a “moderate buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports. Cormark also issued estimates for Centerra Gold’s Q1 2025 earnings at $0.13 EPS, Q3 2025 earnings at $0.13 EPS and FY2026 earnings at $0.87 EPS.

A number of other equities analysts have also recently weighed in on CG. CIBC reduced their price target on Centerra Gold from C$12.50 to C$9.80 in a report on Monday, December 2nd. Raymond James reduced their target price on Centerra Gold from C$13.00 to C$12.50 in a research note on Monday, November 4th. Royal Bank of Canada dropped their price target on shares of Centerra Gold from C$12.00 to C$11.00 in a research note on Tuesday, January 7th. Finally, Desjardins cut shares of Centerra Gold from a “buy” rating to a “hold” rating and reduced their price objective for the stock from C$12.75 to C$11.00 in a research report on Thursday, February 13th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Centerra Gold presently has a consensus rating of “Hold” and an average price target of C$11.40.

Centerra Gold Trading Up 1.3 %

Shares of Centerra Gold stock opened at C$8.61 on Wednesday. The firm has a 50-day simple moving average of C$8.71 and a two-hundred day simple moving average of C$9.04. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.24 and a current ratio of 3.60. Centerra Gold has a fifty-two week low of C$6.66 and a fifty-two week high of C$10.59. The company has a market cap of C$1.29 billion, a P/E ratio of 12.48, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23.

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.