Centerra Gold Inc. (TSE:CG) Senior Officer Claudia D’orazio Sells 3,831 Shares

Centerra Gold Inc. (TSE:CG) Senior Officer Claudia D’orazio sold 3,831 shares of Centerra Gold stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of C$8.28, for a total transaction of C$31,720.68.

Centerra Gold Price Performance

CG opened at C$8.29 on Monday. The company has a current ratio of 3.60, a quick ratio of 3.24 and a debt-to-equity ratio of 1.26. Centerra Gold Inc. has a 1 year low of C$7.42 and a 1 year high of C$10.59. The stock has a fifty day moving average price of C$8.75 and a 200 day moving average price of C$9.01. The stock has a market cap of C$1.25 billion, a price-to-earnings ratio of 12.01, a PEG ratio of 1.26 and a beta of 1.23.

Centerra Gold Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 27th will be paid a $0.07 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.28 annualized dividend and a dividend yield of 3.38%. Centerra Gold’s payout ratio is 40.58%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CG. CIBC decreased their price target on Centerra Gold from C$12.50 to C$9.80 in a research report on Monday, December 2nd. Cormark lowered Centerra Gold from a “moderate buy” rating to a “hold” rating in a report on Wednesday, February 26th. Desjardins downgraded Centerra Gold from a “buy” rating to a “hold” rating and lowered their price target for the company from C$12.75 to C$11.00 in a report on Thursday, February 13th. TD Securities reduced their price objective on Centerra Gold from C$13.00 to C$12.00 and set a “buy” rating for the company in a research note on Friday. Finally, Royal Bank of Canada decreased their price objective on Centerra Gold from C$12.00 to C$11.00 in a research report on Tuesday, January 7th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$11.47.

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.