Centerra Gold (TSE:CG) Reaches New 1-Year High - Still a Buy?

Centerra Gold Inc. (TSE:CG - Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$20.00 and last traded at C$20.04, with a volume of 2087057 shares traded. The stock had previously closed at C$19.24.Get Centerra Gold alerts:Analyst Ratings ChangesSeveral equities research analysts recently issued reports on CG shares. Canaccord Genuity Group upped their price target on Centerra Gold from C$16.00 to C$19.50 in a research report on Thursday, October 2nd. Royal Bank Of Canada cut shares of Centerra Gold from a "moderate buy" rating to a "hold" rating and increased their target price for the stock from C$13.00 to C$14.00 in a report on Wednesday, September 10th. CIBC raised their price target on shares of Centerra Gold from C$20.00 to C$21.00 and gave the stock an "outperform" rating in a research report on Thursday, October 30th. Cormark raised shares of Centerra Gold from a "hold" rating to a "moderate buy" rating in a research report on Thursday, October 30th. Finally, Raymond James Financial increased their price objective on shares of Centerra Gold from C$16.50 to C$16.75 and gave the stock a "market perform" rating in a research note on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of C$15.09.View Our Latest Report on CGCenterra Gold Stock PerformanceThe company has a market capitalization of C$4.04 billion, a P/E ratio of 12.45, a PEG ratio of 1.26 and a beta of 1.59. The stock's fifty day moving average price is C$17.20 and its 200-day moving average price is C$13.22. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.24 and a current ratio of 3.60. Centerra Gold (TSE:CG - Get Free Report) last released its quarterly earnings results on Tuesday, October 28th. The company reported C$1.43 earnings per share (EPS) for the quarter. Centerra Gold had a return on equity of 6.06% and a net margin of 8.32%.The business had revenue of C$550.23 million during the quarter. Centerra Gold Announces DividendThe firm also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 26th were paid a $0.07 dividend. The ex-dividend date was Thursday, November 13th. This represents a $0.28 annualized dividend and a dividend yield of 1.4%. Centerra Gold's dividend payout ratio (DPR) is presently 12.46%. Centerra Gold Company Profile (Get Free Report)Centerra Gold Inc is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Goldfield District Project in Nevada, United States, the Kemess Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada.Featured ArticlesFive stocks we like better than Centerra GoldWhen to Sell a Stock for Profit or LossNike Beats on Earnings But Struggles in China and Faces TariffsWhat Are the FAANG Stocks and Are They Good Investments?Is the AI Boom a Bubble? These 2 Dividend Stocks Say NoThe Risks of Owning Bonds4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and MoreThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Centerra Gold Right Now?Before you consider Centerra Gold, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Centerra Gold wasn't on the list.While Centerra Gold currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here