Centerra Gold Inc. (TSE:CG) Declares Quarterly Dividend of $0.07

Centerra Gold Inc. (TSE:CGGet Free Report) announced a quarterly dividend on Thursday, May 21st, TickerTech Dividends reports. Stockholders of record on Thursday, June 4th will be paid a dividend of 0.07 per share on Thursday, June 4th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, May 21st.

Centerra Gold Price Performance

Shares of CG stock opened at C$23.50 on Tuesday. The company has a debt-to-equity ratio of 2.09, a quick ratio of 3.24 and a current ratio of 2.41. Centerra Gold has a fifty-two week low of C$8.88 and a fifty-two week high of C$28.97. The firm has a market cap of C$4.67 billion, a P/E ratio of 7.58, a P/E/G ratio of 1.26 and a beta of 1.86. The business’s 50 day moving average price is C$24.98 and its 200-day moving average price is C$22.56.

Centerra Gold (TSE:CGGet Free Report) last released its quarterly earnings results on Wednesday, April 29th. The company reported C$0.61 earnings per share for the quarter. Centerra Gold had a return on equity of 32.55% and a net margin of 41.28%.The company had revenue of C$673.87 million for the quarter.

Analyst Ratings Changes

Several research firms recently weighed in on CG. Desjardins lifted their price target on Centerra Gold from C$30.00 to C$33.00 and gave the company a “hold” rating in a research report on Thursday, April 23rd. TD Securities lifted their price target on Centerra Gold from C$19.00 to C$30.00 in a research report on Thursday, January 22nd. Canadian Imperial Bank of Commerce lifted their price target on Centerra Gold from C$30.00 to C$37.00 in a research report on Wednesday, February 4th. BMO Capital Markets upgraded Centerra Gold from a “hold” rating to an “outperform” rating in a research report on Tuesday, January 20th. Finally, Royal Bank Of Canada lifted their price target on Centerra Gold from C$22.00 to C$31.00 in a research report on Thursday, March 12th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Centerra Gold presently has an average rating of “Moderate Buy” and a consensus target price of C$27.36.

Get Our Latest Stock Analysis 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 Goldfield District Project in Nevada, United States, the Kemess Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada.

See Also

Dividend History for Centerra Gold (TSE:CG)

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