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Centerra Gold price target lowered to $9.50 from $12 at Scotiabank

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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