Centerra Gold Inc. (TSE:CG – Get Free Report) Director Wendy Wai Ting Kei acquired 1,000 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were acquired at an average cost of C$29.76 per share, with a total value of C$29,760.00. Following the completion of the purchase, the director owned 5,172 shares in the company, valued at approximately C$153,918.72. This represents a 23.97% increase in their ownership of the stock.
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 shares were bought at an average price of C$23.74 per share, with a total value of C$284.88.
Centerra Gold Price Performance
CG stock traded up C$0.12 on Friday, reaching C$29.70. The company had a trading volume of 274,347 shares, compared to its average volume of 907,853. 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 quick ratio of 3.24 and a current ratio of 2.42. The company’s fifty day moving average is C$23.80 and its 200 day moving average is C$24.55. The company has a market cap of C$5.81 billion, a P/E ratio of 9.49, a PEG ratio of 1.26 and a beta of 1.83.
Centerra Gold Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, September 2nd will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, August 19th. Centerra Gold’s dividend payout ratio (DPR) is currently 6.45%.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on CG shares. TD upped their target price on shares of Centerra Gold from C$31.00 to C$32.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Desjardins boosted their price objective on shares of 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. Raymond James Financial upped their price objective on shares of Centerra Gold from C$28.00 to C$29.00 and gave the company a “market perform” rating in a research note on Thursday, July 30th. Canadian Imperial Bank of Commerce lifted their target price on shares of Centerra Gold from C$37.00 to C$38.00 in a research note on Thursday, July 30th. Finally, ATB Cormark Capital Markets boosted their price target on Centerra Gold from C$26.00 to C$27.00 and gave the company a “sector perform” rating in a report on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Centerra Gold currently has a consensus rating of “Moderate Buy” and an average price target of C$28.17.
Read Our Latest Research Report on Centerra Gold
About Centerra Gold
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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