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Centerra Gold price target raised to $11 from $9 at Scotiabank

Scotiabank analyst Ovais Habib raised the firm’s price target on Centerra Gold (CGAU) to $11 from $9 and keeps an Outperform rating on the shares. The firm has a positive outlook on the Gold & Precious Minerals sector, the analyst tells investors. The firm expects consolidation to continue into 2025, with heightened marketing & acquisition activity enabling companies to optimize their asset portfolios.

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