Centerra Gold Inc. (CG) to Post Q4 2019 Earnings of $0.19 Per Share, Raymond James Forecasts
Centerra Gold Inc. (TSE:CG) – Stock analysts at Raymond James lifted their Q4 2019 EPS estimates for Centerra Gold in a report released on Friday, May 31st. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.19 for the quarter, up from their previous forecast of $0.17. 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 Q2 2020 earnings at $0.26 EPS and FY2020 earnings at $1.00 EPS.
CG has been the subject of several other reports. CIBC upgraded shares of Centerra Gold from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from C$9.00 to C$10.50 in a research report on Monday. Canaccord Genuity reiterated a “buy” rating and set a C$9.00 price objective on shares of Centerra Gold in a research report on Monday, March 25th. Finally, CSFB set a C$8.00 price objective on shares of Centerra Gold and gave the stock a “neutral” rating in a research report on Tuesday, April 16th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Centerra Gold presently has a consensus rating of “Buy” and a consensus price target of C$8.63.
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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