Centerra Gold (CGAU) Expected to Announce Quarterly Earnings on Thursday

Centerra Gold (NYSE:CGAU) will likely be posting its quarterly earnings results after the market closes on Thursday, February 20th. Analysts expect Centerra Gold to post earnings of $0.20 per share and revenue of $316.92 million for the quarter.

Centerra Gold Stock Performance

CGAU opened at $6.44 on Wednesday. The company has a 50-day moving average of $6.04 and a 200-day moving average of $6.51. The company has a market capitalization of $1.35 billion, a P/E ratio of 13.41 and a beta of 0.91. Centerra Gold has a 1-year low of $4.88 and a 1-year high of $7.82.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on CGAU shares. Desjardins downgraded shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 13th. Scotiabank lowered their price objective on shares of Centerra Gold from $10.00 to $9.00 and set a “sector outperform” rating for the company in a research report on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $11.00.

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.