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Centerra Gold Inc.(NYSE:CGAU): Analysts believe that the persistent inflationary environment could keep demand for the yellow metal high as a safe-haven asset. Gold demand had increased substantially in the first quarter. Given the market turbulence, we think the gold mining stocks Centerra Gold (CGAU), B2Gold (BTG), and Jaguar Mining (JAGGF) might be solid buys now.
Centerra Gold Inc.(NYSE:CGAU): Gold demand increased substantially in the last quarter due to inflation and intensifying geopolitical tensions and is expected to continue surging this year. Furthermore, the price of gold could surpass $2,000 per ounce soon. Given the bullish expectations, we think gold mining stocks Centerra (CGAU), Centamin (CELTF), and New Gold (NGD) might be solid bets now. Read on.
Zacks Investment Research upgraded shares of Galiano Gold (NYSEMKT:GAU – Get Rating) from a strong sell rating to a hold rating in a research note released on Friday morning, Zacks.com reports. According to Zacks, “Galiano Gold Inc. provides mining services. It principally explores and develops gold fields. The company currently operates and manages the Asanko […]
A number of firms have modified their ratings and price targets on shares of Galiano Gold (NYSEMKT: GAU) recently: 4/11/2022 – Galiano Gold was downgraded by analysts at BMO Capital Markets from a “market perform” rating to an “underperform” rating. 4/7/2022 – Galiano Gold had its price target raised by analysts at Berenberg Bank from […]
BMO Capital Markets cut shares of Galiano Gold (TSE:GAU – Get Rating) from a market perform rating to a sell rating in a research note issued to investors on Monday, MarketBeat reports. They currently have C$0.50 price target on the stock. Several other brokerages have also recently weighed in on GAU. HC Wainwright reissued a […]