Centerra Gold (CGAU) 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: $5.95 to $6.07
• 50-Day Range: $5.79 to $7.79
• 52-Week Range: $4.47 to $7.82
• Volume: 1.17 million shs
• Average Volume: 659,737 shs
• Market Capitalization: $1.28 billion
• P/E Ratio: 12.63
• Dividend Yield: 3.30%
• Price Target: $11.00
• Consensus Rating: Moderate Buy

Centerra Gold Stock Analysis - MarketRank™

Centerra Gold scored higher than 78% of companies evaluated by MarketBeat, and ranked 82nd out of 193 stocks in the basic materials sector. 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 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Centerra Gold has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -27.16%

Earnings Growth

Earnings for Centerra Gold are expected to decrease by -27.16% in the coming year, from $0.81 to $0.59 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Centerra Gold is 12.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Centerra Gold is 12.63, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 118.21.

Price to Book Value per Share Ratio

Centerra Gold has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.17% of the float of Centerra Gold has been sold short.

Short Interest Ratio / Days to Cover

Centerra Gold has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Centerra Gold has recently increased by 12.96%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Centerra Gold is a leading dividend payer. It pays a dividend yield of 3.58%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Centerra Gold is 41.67%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Centerra Gold will have a dividend payout ratio of 33.90% next year. This indicates that Centerra Gold will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

1.17% of the float of Centerra Gold has been sold short.

Short Interest Ratio / Days to Cover

Centerra Gold has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Centerra Gold has recently increased by 12.96%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.11

News Sentiment

Centerra Gold has a news sentiment score of 1.11. 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 higher news sentiment than the 0.52 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 3 articles on an average week.

Search Interest

Only 2 people have searched for CGAU on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

4 people have added Centerra Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Centerra Gold insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.19% of the stock of Centerra Gold is held by insiders.

Percentage Held by Institutions

55.40% of the stock of Centerra Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CGAU Stock Analysis - Frequently Asked Questions

How have CGAU shares performed this year?

Centerra Gold's stock was trading at $5.96 at the beginning of the year. Since then, CGAU stock has increased by 1.7% and is now trading at $6.06.
View the best growth stocks for 2024 here.

How were Centerra Gold's earnings last quarter?

Centerra Gold Inc. (NYSE:CGAU) released its quarterly earnings data on Thursday, October, 31st. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.02. The firm earned $323.93 million during the quarter. Centerra Gold had a net margin of 8.31% and a trailing twelve-month return on equity of 10.34%.

Who are Centerra Gold's major shareholders?

Centerra Gold's top institutional investors include Van ECK Associates Corp (8.58%), Donald Smith & CO. Inc. (3.13%), Connor Clark & Lunn Investment Management Ltd. (2.07%) and Bank of Montreal Can (1.83%).

How do I buy shares of Centerra Gold?

Shares of CGAU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 Coca-Cola (KO), Barrick Gold (GOLD), Palantir Technologies (PLTR), SoFi Technologies (SOFI), Enbridge (ENB), Ford Motor (F) and Main Street Capital (MAIN).

Company Calendar

• Ex-Dividend for 8/29 Dividend: 8/15/2024
• Dividend Payable: 8/29/2024
• Last Earnings: 10/31/2024
• Ex-Dividend for 11/27 Dividend: 11/13/2024
• Today: 11/21/2024
• Dividend Payable: 11/27/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSE:CGAU
• CUSIP: N/A
• CIK: 1854640
• Web: www.centerragold.com
• Phone: (416) 204-1953
• Fax: 416-204-1954
• Employees: 1,236
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.00
• High Stock Price Target: $13.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +81.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.48
• Trailing P/E Ratio: 12.63
• Forward P/E Ratio: 7.48
• P/E Growth: N/A
• Net Income: $-81,280,000.00
• Net Margins: 8.31%
• Pretax Margin: 17.45%
• Return on Equity: 10.34%
• Return on Assets: 7.70%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.60
• Quick Ratio: 2.64

Sales & Book Value

• Annual Sales: $1.25 billion
• Price / Sales: 1.02
• Cash Flow: $0.68 per share
• Price / Cash Flow: 8.88
• Book Value: $7.77 per share
• Price / Book: 0.78

Miscellaneous

• Outstanding Shares: 211,338,000
• Free Float: 210,936,000
• Market Cap: $1.28 billion
• Optionable: Optionable
• Beta: 0.98