Centerra Gold (CG) Stock Price, News & Analysis

Company Overview

Centerra Gold Inc., a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey. The company was incorporated in 2002 and is based in Toronto, Canada.

Key Stats

• Today's Range: C$8.38 to C$8.73
• 50-Day Range: C$8.15 to C$10.51
• 52-Week Range: C$6.07 to C$10.59
• Volume: 286,612 shs
• Average Volume: 741,203 shs
• Market Capitalization: C$1.85 billion
• P/E Ratio: 10.36
• Dividend Yield: 3.22%
• Price Target: C$11.37
• Consensus Rating: Moderate Buy

Centerra Gold Stock Analysis - MarketRank™

Centerra Gold scored higher than 74% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Centerra Gold has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Centerra Gold has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Centerra Gold is 10.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of Centerra Gold is 10.37, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 106.05.

Price to Earnings Growth Ratio

Centerra Gold has a PEG Ratio of 1.26. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Centerra Gold has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Centerra Gold pays a meaningful dividend of 2.78%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Centerra Gold does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Centerra Gold is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CG.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.34

News Sentiment

Centerra Gold has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Centerra Gold this week, compared to 2 articles on an average week.

Search Interest

10 people have searched for CG on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Centerra Gold insiders have sold 370,735.77% more of their company's stock than they have bought. Specifically, they have bought C$274.00 in company stock and sold C$1,016,090.00 in company stock.

Percentage Held by Insiders

Only 0.21% of the stock of Centerra Gold is held by insiders.

Percentage Held by Institutions

87.10% of the stock of Centerra Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CG Stock Analysis - Frequently Asked Questions

How have CG shares performed this year?

Centerra Gold's stock was trading at C$7.91 at the beginning of the year. Since then, CG shares have increased by 10.1% and is now trading at C$8.71.
View the best growth stocks for 2024 here.

How do I buy shares of Centerra Gold?

Shares of CG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Centerra Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Centerra Gold investors own include Innovative Industrial Properties (IIPR), Tesla (TSLA), B2Gold (BTO), Whitecap Resources (WCP), Toronto-Dominion Bank (TD), Ivanhoe Mines (IVN) and Barrick Gold (ABX).

Company Calendar

• Ex-Dividend for 11/27 Dividend: 11/13/2024
• Dividend Payable: 11/27/2024
• Today: 12/03/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Trading
• Current Symbol: TSE:CG
• CUSIP: N/A
• CIK: N/A
• Web: www.centerragold.com
• Phone: +1-416-2041953
• Fax: N/A
• Employees: 2,100
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$11.37
• High Stock Price Target: C$13.90
• Low Stock Price Target: C$8.50
• Potential Upside/Downside: +36.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.84
• Trailing P/E Ratio: 9.93
• Forward P/E Ratio: N/A
• P/E Growth: 1.26
• Net Income: C$135.96 million
• Net Margins: 10.69%
• Pretax Margin: N/A
• Return on Equity: 7.98%
• Return on Assets: 6.67%

Debt

• Debt-to-Equity Ratio: 1.29
• Current Ratio: 3.79
• Quick Ratio: 3.24

Sales & Book Value

• Annual Sales: C$1.27 billion
• Price / Sales: 1.40
• Cash Flow: C$3.25 per share
• Price / Cash Flow: 2.57
• Book Value: C$8.13 per share
• Price / Book: 1.03

Miscellaneous

• Outstanding Shares: 212,720,000
• Free Float: N/A
• Market Cap: C$1.77 billion
• Optionable: Not Optionable
• Beta: 1.23