In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Centerra Gold (CG). Raymond James’ analyst Brian MacArthur reiterates their Buy rating on the shares, with a C$14 price target.
According to TipRanks.com, MacArthur is a 3-star analyst with an average return of 1.0% and a 46.7% success rate. MacArthur covers the Basic Materials sector, focusing on stocks such as Trevali Mining Corporation, Osisko Gold Royalties Ltd, and Teck Resources Limited.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Centerra Gold with a C$11.67 average price target.
The company has a one-year high of C$11.96 and a one-year low of C$4.76. Currently, Centerra Gold has an average volume of 768.4K.
Centerra Gold, Inc. engages in the operation, development, exploration and acquisition of gold and copper properties. It operates through the following segments: Kyrgyz Republic, Turkey, North America, and Corporate and Other. The Kyrgyz Republic segment includes the operations of the kumtor gold project.
The company’s shares closed on Thursday at C$11.91, close to its 52-week high of C$11.96.
