Scott Graeme Perry Buys 7,600 Shares of Centerra Gold Inc. (TSE:CG) Stock

Centerra Gold Inc. (TSE:CG) insider Scott Graeme Perry bought 7,600 shares of the firm’s stock in a transaction on Tuesday, June 12th. The shares were acquired at an average price of C$7.28 per share, for a total transaction of C$55,328.00.

Scott Graeme Perry also recently made the following trade(s):

  • On Thursday, June 14th, Scott Graeme Perry purchased 8,100 shares of Centerra Gold stock. The shares were acquired at an average cost of C$7.02 per share, with a total value of C$56,862.00.
  • On Tuesday, March 20th, Scott Graeme Perry purchased 6,800 shares of Centerra Gold stock. The stock was bought at an average price of C$7.14 per share, with a total value of C$48,552.00.

TSE:CG traded up C$0.44 during midday trading on Wednesday, reaching C$7.51. 239,916 shares of the stock traded hands, compared to its average volume of 661,103. Centerra Gold Inc. has a 12 month low of C$5.90 and a 12 month high of C$9.35.

Centerra Gold (TSE:CG) last posted its quarterly earnings results on Tuesday, May 1st. The company reported C$0.06 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.04 by C$0.02. Centerra Gold had a net margin of 36.28% and a return on equity of 26.55%. The company had revenue of C$297.58 million during the quarter.

Several research firms recently weighed in on CG. National Bank Financial upgraded shares of Centerra Gold from a “sec perform spec market wgt” rating to an “outperform spec market weight” rating in a report on Monday, April 9th. Scotiabank lifted their price objective on shares of Centerra Gold from C$9.00 to C$10.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 22nd. Raymond James reissued a “market perform” rating and issued a C$9.50 price target on shares of Centerra Gold in a research report on Wednesday, May 16th. Canaccord Genuity boosted their price target on shares of Centerra Gold from C$7.00 to C$8.00 in a research report on Monday, April 23rd. Finally, TD Securities upped their target price on shares of Centerra Gold from C$7.50 to C$8.00 and gave the stock a “hold” rating in a report on Friday, May 18th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of C$9.38.

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 principal projects include Kumtor gold mine located in the Kyrgyz Republic; and the Mount Milligan gold-copper mine located in British Columbia, Canada.

Insider Buying and Selling by Quarter for Centerra Gold (TSE:CG)

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