Centerra Gold (OTCMKTS:CAGDF) was upgraded by stock analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a note issued to investors on Thursday, The Fly reports.
A number of other analysts have also recently weighed in on the stock. Royal Bank of Canada upgraded shares of Centerra Gold from an “underperform” rating to a “sector perform” rating in a research note on Wednesday, June 26th. Raymond James reiterated a “buy” rating on shares of Centerra Gold in a research note on Thursday, May 2nd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Centerra Gold presently has an average rating of “Buy”.
Shares of Centerra Gold stock traded up $0.14 during trading hours on Thursday, hitting $8.94. The company had a trading volume of 39,991 shares, compared to its average volume of 44,713. The company’s 50-day moving average is $7.95 and its two-hundred day moving average is $6.13. Centerra Gold has a twelve month low of $3.51 and a twelve month high of $9.26.
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 flagship projects include the 100% owned Kumtor gold mine located in the Kyrgyz Republic; and the Mount Milligan gold-copper mine located in British Columbia, Canada.
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