Key Points
- Director Wendy Wai Ting Kei bought 1,000 Centerra Gold shares at an average C$29.76 each, increasing her direct holdings by 23.97% to 5,172 shares.
- Centerra Gold reported quarterly EPS of C$0.55 on C$629 million in revenue, with a 37.72% net margin and 30.90% return on equity.
- The company announced a quarterly dividend of $0.07 per share, equivalent to a 0.9% annualized yield, while analysts maintain a “Moderate Buy” consensus rating.
Centerra Gold Inc. (TSE:CG - Get Free Report) Director Wendy Wai Ting Kei acquired 1,000 shares of the stock in a transaction on Thursday, August 13th. The shares were acquired at an average cost of C$29.76 per share, for a total transaction of C$29,760.00. Following the completion of the transaction, the director directly owned 5,172 shares in the company, valued at C$153,918.72. The trade was a 23.97% increase in their position.
Wendy Wai Ting Kei also recently made the following trade(s):
- On Thursday, June 4th, Wendy Wai Ting Kei acquired 12 shares of Centerra Gold stock. The stock was purchased at an average price of C$23.74 per share, with a total value of C$284.88.
Centerra Gold Stock Performance
CG opened at C$29.88 on Friday. The stock's 50 day simple moving average is C$23.97 and its 200 day simple moving average is C$24.59. The stock has a market cap of C$5.84 billion, a P/E ratio of 9.55, a P/E/G ratio of 1.26 and a beta of 1.83. Centerra Gold Inc. has a 1-year low of C$9.66 and a 1-year high of C$31.08. The company has a debt-to-equity ratio of 2.11, a current ratio of 2.42 and a quick ratio of 3.24.
Centerra Gold (TSE:CG - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported C$0.55 earnings per share (EPS) for the quarter. The business had revenue of C$629.00 million for the quarter. Centerra Gold had a return on equity of 30.90% and a net margin of 37.72%.
Centerra Gold Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, September 2nd will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 19th. Centerra Gold's dividend payout ratio is 6.45%.
Analyst Ratings Changes
Several analysts recently commented on the stock. Desjardins increased their target price on shares of Centerra Gold from C$30.00 to C$33.00 and gave the company a "hold" rating in a research note on Thursday, April 23rd. TD upped their price target on Centerra Gold from C$31.00 to C$32.00 and gave the stock a "buy" rating in a research note on Thursday, July 30th. ATB Cormark Capital Markets boosted their target price on shares of Centerra Gold from C$26.00 to C$27.00 and gave the stock a "sector perform" rating in a research report on Thursday, July 30th. Canadian Imperial Bank of Commerce upped their price objective on shares of Centerra Gold from C$37.00 to C$38.00 in a research report on Thursday, July 30th. Finally, Raymond James Financial raised their price objective on shares of Centerra Gold from C$28.00 to C$29.00 and gave the stock a "market perform" rating in a report on Thursday, July 30th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Centerra Gold currently has a consensus rating of "Moderate Buy" and a consensus price target of C$28.17.
Read Our Latest Stock Report on CG
Centerra Gold Company Profile
(
Get Free Report)
Centerra Gold Inc is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Kemess Project in British Columbia, Canada, the Goldfield Project in Nevada, United States, and owns and operates the Molybdenum Business Unit in the United States and Canada.
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