Scotiabank lowered the firm’s price target on Centerra Gold (CGAU) to $9.50 from $12 and keeps an Outperform rating on the shares. The firm believes that Mount Milligan remains a cornerstone asset for the company and continues to anchor Centerra’s growth strategy and financial outlook, the analyst tells investors.
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Read More on CGAU:
- Centerra Gold price target raised to C$14 at BMO Capital
- Centerra Gold: Hold Rating Amid Positive Developments and Operational Challenges
- Centerra Gold Extends Mount Milligan Mine Life to 2045 with Strategic Investment
- Centerra Gold downgraded to Sector Perform from Outperform at RBC Capital
- Liberty Gold announces 9.9% investment by Centerra Gold
