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%.

Other analysts have also recently issued reports about the stock. CIBC decreased their price objective on shares of Centerra Gold from C$11.00 to C$9.50 in a research note on Wednesday, November 1st. Canaccord Genuity decreased their price objective on shares of Centerra Gold from C$8.50 to C$7.00 in a research note on Friday, January 19th. BMO Capital Markets restated a “market perform” rating and set a C$10.50 price objective on shares of Centerra Gold in a research note on Thursday, November 2nd. TD Securities decreased their price objective on shares of Centerra Gold from C$9.50 to C$8.00 and set a “hold” rating for the company in a research note on Thursday, December 28th. Finally, Royal Bank of Canada decreased their price objective on shares of Centerra Gold from C$10.00 to C$8.00 and set a “sector perform” rating for the company in a research note on Tuesday, January 9th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Centerra Gold presently has an average rating of “Buy” and a consensus price target of C$8.78.

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

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