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RBC Capital Remains a Buy on Centerra Gold (CGAU)

RBC Capital Remains a Buy on Centerra Gold (CGAU)

Business Insider10 hours ago
RBC Capital analyst Michael Siperco maintained a Buy rating on Centerra Gold on August 12 and set a price target of C$13.00. The company's shares closed yesterday at $7.27.
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Siperco covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Orla Mining, and Lundin Gold. According to TipRanks, Siperco has an average return of 25.3% and a 66.76% success rate on recommended stocks.
In addition to RBC Capital, Centerra Gold also received a Buy from Raymond James's Brian MacArthur in a report issued on August 8. However, on August 12, TR | OpenAI – 4o reiterated a Hold rating on Centerra Gold (NYSE: CGAU).
Based on Centerra Gold's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $299.5 million and a net profit of $30.45 million. In comparison, last year the company earned a revenue of $305.88 million and had a net profit of $66.43 million
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