BMO Capital analyst Raj Ray initiated coverage of Centerra Gold with an Outperform rating and C$10 price target. Centerra is one of the few intermediate gold producers that offers meaningful exposure to copper within its core portfolio, the analyst tells investors in a research note. The firm likes the company’s “relatively steady” operational outlook, stable jurisdictional exposure and a strong balance sheet.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CGAU:
- CGAU Upcoming Earnings Report: What to Expect?
- Centerra Gold price target raised to C$9.50 from C$9.25 at National Bank
- Centerra Gold price target raised to $8 from $7 at Scotiabank
- Centerra Gold price target raised to C$12 from C$11.75 at Desjardins
- Royal Gold announces execution of additional agreement with Centerra Gold