Centerra Gold (TSE:CG) Price Target Raised to C$29.00

Posted by Francis Steltz on Aug 2nd, 2026

Centerra Gold (TSE:CG – Free Report) had its price objective upped by Raymond James Financial from C$28.00 to C$29.00 in a research report sent to investors on Thursday morning,BayStreet.CA reports. The brokerage currently has a market perform rating on the stock.

CG has been the topic of several other reports. TD raised their price objective on Centerra Gold from C$31.00 to C$32.00 and gave the company a “buy” rating in a report on Thursday. Desjardins upped their target price on Centerra Gold from C$30.00 to C$33.00 and gave the stock a “hold” rating in a research note on Thursday, April 23rd. Finally, Canadian Imperial Bank of Commerce lifted their price target on shares of Centerra Gold from C$37.00 to C$38.00 in a research note on Thursday. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Centerra Gold presently has an average rating of “Moderate Buy” and an average price target of C$28.17.

Read Our Latest Report on CG

Centerra Gold Price Performance

TSE:CG opened at C$24.10 on Thursday. The company has a quick ratio of 3.24, a current ratio of 2.42 and a debt-to-equity ratio of 2.11. Centerra Gold has a 52 week low of C$9.25 and a 52 week high of C$28.97. The stock’s 50-day moving average price is C$22.99 and its 200-day moving average price is C$24.24. The stock has a market capitalization of C$4.71 billion, a PE ratio of 7.70, a price-to-earnings-growth ratio of 1.26 and a beta of 1.83.

Centerra Gold (TSE:CG – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported C$0.55 earnings per share for the quarter. The company had revenue of C$629.00 million during the quarter. Centerra Gold had a return on equity of 30.90% and a net margin of 37.72%.

Centerra Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, June 4th were paid a $0.07 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $0.28 dividend on an annualized basis and a yield of 1.2%. Centerra Gold’s dividend payout ratio (DPR) is currently 6.45%.

Insider Transactions at Centerra Gold

In related news, Director Eric Dell sold 7,827 shares of Centerra Gold stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of C$22.97, for a total value of C$179,786.19. Also, Director Paul Nicholas Wright acquired 5,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was purchased at an average price of C$22.31 per share, for a total transaction of C$111,550.00. Following the completion of the acquisition, the director owned 130,000 shares in the company, valued at C$2,900,300. The trade was a 4.00% increase in their position. Insiders sold a total of 10,252 shares of company stock worth $235,442 over the last ninety days. 0.21% of the stock is currently owned by corporate insiders.

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.