Raymond James Maintains Outperform Rating for Centerra Gold: Here's What You Need To Know

Raymond James has decided to maintain its Outperform rating of Centerra Gold CGAU and lower its price target from $12.00 to $11.00.

Shares of Centerra Gold are trading up 0.0% over the last 24 hours, at $6.09 per share.

A move to $11.00 would account for a 80.62% increase from the current share price.

About Centerra Gold

Centerra Gold Inc a gold mining and exploration company engaged in the operation, exploration, development, and acquisition of gold properties in Asia, North America, and other markets worldwide. The company manages its reportable operating segments by a combination of geographic location and products. The Kyrgyz Republic segment includes the operations of the Kumtor Gold Project. The Turkish segment represents the development of the OksUt Project. The North America Gold- Copper segment represents the operations of the Mount Milligan Mine. The North America Molybdenum segment includes the operations of the Langeloth processing facility and the care and maintenance activities of the Endako and Thompson Creek Mines.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.