Q2 2020 Earnings Estimate for Centerra Gold Inc. Issued By Raymond James (TSE:CG)

Centerra Gold Inc. (TSE:CG) – Investment analysts at Raymond James lifted their Q2 2020 earnings per share estimates for Centerra Gold in a research report issued on Monday, July 15th. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.33 for the quarter, up from their prior estimate of $0.26. Raymond James currently has a “Outperform” rating and a $10.00 target price on the stock. Raymond James also issued estimates for Centerra Gold’s FY2020 earnings at $1.28 EPS.

Centerra Gold (TSE:CG) last announced its quarterly earnings data on Wednesday, May 1st. The company reported C$0.23 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.15 by C$0.08. The business had revenue of C$444.86 million during the quarter.

Other analysts also recently issued research reports about the stock. CSFB reduced their price objective on shares of Lundin Mining from C$9.75 to C$9.00 in a research report on Wednesday, July 10th. Canaccord Genuity set a $22.00 price objective on shares of Hibbett Sports and gave the stock a “hold” rating in a research report on Monday, March 25th. CIBC restated a “hold” rating on shares of Sandstorm Gold in a research report on Monday. Royal Bank of Canada restated an “underperform” rating and set a GBX 215 ($2.81) price objective on shares of in a research report on Wednesday, June 26th. Finally, National Bank Financial downgraded shares of Detour Gold to a “hold” rating in a research report on Friday, June 28th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of C$10.00.

Shares of CG stock opened at C$10.64 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 3.12 and a debt-to-equity ratio of 8.60. The firm has a market capitalization of $2.70 billion and a PE ratio of 21.41. The company has a 50 day simple moving average of C$8.95. Centerra Gold has a fifty-two week low of C$4.76 and a fifty-two week high of C$10.66.

About Centerra Gold

Centerra Gold Inc, a gold mining and exploration company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Asia, and internationally. Its flagship projects include the 100% owned Kumtor gold mine located in the Kyrgyz Republic; and the Mount Milligan gold-copper mine located in British Columbia, Canada.

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Earnings History and Estimates for Centerra Gold (TSE:CG)

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