FY2018 EPS Estimates for Centerra Gold Inc. (TSE:CG) Lowered by National Bank Financial
Centerra Gold Inc. (TSE:CG) – Research analysts at National Bank Financial decreased their FY2018 earnings per share estimates for Centerra Gold in a note issued to investors on Tuesday, according to Zacks Investment Research. National Bank Financial analyst M. Parkin now expects that the company will earn $0.23 per share for the year, down from their previous estimate of $0.45. National Bank Financial has a “Sector Perform” rating and a $8.25 price objective on the stock. National Bank Financial also issued estimates for Centerra Gold’s FY2019 earnings at ($0.44) EPS and FY2020 earnings at $0.96 EPS.
Centerra Gold (TSE:CG) last released its earnings results on Tuesday, October 31st. The company reported C$0.23 EPS for the quarter, topping analysts’ consensus estimates of C$0.22 by C$0.01. Centerra Gold had a negative net margin of 0.30% and a negative return on equity of 0.18%.
Centerra Gold (TSE:CG) traded down C$0.18 during mid-day trading on Friday, reaching C$6.37. 674,713 shares of the company were exchanged, compared to its average volume of 758,251. The firm has a market cap of $1,910.00, a PE ratio of 10.56 and a beta of -0.85. Centerra Gold has a one year low of C$5.90 and a one year high of C$9.35.
In other news, insider Dennis Kwong bought 5,600 shares of the business’s stock in a transaction dated Friday, November 24th. The stock was purchased at an average cost of C$7.50 per share, with a total value of C$42,000.00.
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About Centerra Gold
Centerra Gold Inc is a Canada-based gold mining company focused on operating, developing, exploring and acquiring gold properties in Asia, North America and other markets across the world. The Company’s exploration segment includes the operations of Lagares Project in which the activities are related to its subsidiary, Centerra Gold (KB) Inc Its Kyrgyz segment includes Kumtor Gold Co (KGC) (Kyrgyz Republic), which operates Kumtor Mine.
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