Centerra Gold Inc. (TSE:CG) Senior Officer Claudia D’orazio Sells 3,831 Shares of Stock

Centerra Gold Inc. (TSE:CG) Senior Officer Claudia D’orazio sold 3,831 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of C$8.28, for a total transaction of C$31,720.68.

Centerra Gold Price Performance

Shares of CG opened at C$8.29 on Monday. Centerra Gold Inc. has a 12 month low of C$7.42 and a 12 month high of C$10.59. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.60 and a quick ratio of 3.24. The stock has a fifty day moving average price of C$8.75 and a 200 day moving average price of C$9.01. The company has a market cap of C$1.25 billion, a P/E ratio of 12.01, a PEG ratio of 1.26 and a beta of 1.23.

Centerra Gold Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date is Thursday, March 13th. Centerra Gold’s payout ratio is 40.58%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. CIBC decreased their price objective on shares of Centerra Gold from C$12.50 to C$9.80 in a report on Monday, December 2nd. TD Securities decreased their price target on Centerra Gold from C$13.00 to C$12.00 and set a “buy” rating for the company in a research note on Friday. Royal Bank of Canada cut their price objective on Centerra Gold from C$12.00 to C$11.00 in a research note on Tuesday, January 7th. Desjardins lowered Centerra Gold from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$12.75 to C$11.00 in a research report on Thursday, February 13th. Finally, Cormark downgraded Centerra Gold from a “moderate buy” rating to a “hold” rating in a report on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Centerra Gold presently has an average rating of “Moderate Buy” and a consensus price target of C$11.47.

About Centerra Gold

Centerra Gold Inc, a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey.