In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Centerra Gold (CG). Analyst Rahul Paul from Canaccord Genuity reiterated a Buy rating, with a C$7.50 price target.
According to TipRanks.com, Paul is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -6.6% and a 37.2% success rate. Paul covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources Inc, OceanaGold Corporation, and Pretium Resources.
Currently, the analyst consensus on Centerra Gold is a Moderate Buy with an average price target of C$7.40.
The company has a one-year high of C$8.21 and a one-year low of C$4.76. Currently, Centerra Gold has an average volume of 641.7K.
Centerra Gold, Inc. is a gold mining company, which engages in the operation, development, exploration and acquisition of gold properties. Its operation involves Kumtor and Boroo gold minse and Milligan Gold-Copper mine. The company was on November 7, 2002 and is headquartered in Toronto, Canada.
The company’s shares closed on Wednesday at C$5.54.
