Centerra Gold Inc. (CG) Insider Stephen A. Lang Sells 1,200 Shares of Stock

Centerra Gold Inc. (TSE:CG) insider Stephen A. Lang sold 1,200 shares of Centerra Gold stock in a transaction on Monday, September 18th. The stock was sold at an average price of C$8.84, for a total transaction of C$10,608.00.

Shares of Centerra Gold Inc. (CG) opened at 8.99 on Wednesday. The stock has a market cap of $2.62 billion and a P/E ratio of 11.78. Centerra Gold Inc. has a 1-year low of $5.56 and a 1-year high of $9.29. The company’s 50-day moving average is $7.56 and its 200 day moving average is $7.32.

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Several equities research analysts recently issued reports on the stock. BMO Capital Markets reaffirmed a “market perform” rating and set a C$10.00 price target on shares of Centerra Gold in a research note on Monday. Royal Bank Of Canada raised shares of Centerra Gold from an “underperform” rating to a “sector perform” rating and lifted their price target for the stock from C$8.00 to C$10.00 in a research note on Friday, September 15th. TD Securities dropped their price target on shares of Centerra Gold from C$10.00 to C$8.50 and set a “hold” rating on the stock in a research note on Wednesday, September 13th. Scotiabank dropped their price target on shares of Centerra Gold from C$11.00 to C$8.00 and set an “outperform” rating on the stock in a research note on Monday, September 11th. Finally, CIBC lifted their price target on shares of Centerra Gold from C$8.50 to C$9.50 in a research note on Thursday, September 7th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Centerra Gold has an average rating of “Hold” and an average target price of C$8.72.

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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