Should I buy or sell Centerra Gold stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Centerra Gold in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CGAU shares. View CGAU analyst ratings or view top-rated stocks .

What is Centerra Gold's stock price target for 2024?

4 Wall Street analysts have issued 1 year price objectives for Centerra Gold's stock. Their CGAU share price targets range from $6.20 to $11.00. On average, they anticipate the company's share price to reach $9.07 in the next twelve months. This suggests a possible upside of 55.5% from the stock's current price. View analysts price targets for CGAU or view top-rated stocks among Wall Street analysts .

How have CGAU shares performed in 2023?

Centerra Gold's stock was trading at $5.18 at the beginning of 2023. Since then, CGAU stock has increased by 12.5% and is now trading at $5.83. View the best growth stocks for 2023 here .

Are investors shorting Centerra Gold?

Centerra Gold saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 356,800 shares, a decline of 46.3% from the October 31st total of 664,800 shares. Based on an average daily volume of 229,100 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.2% of the company's shares are sold short. View Centerra Gold's Short Interest .

When is Centerra Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our CGAU earnings forecast .

How were Centerra Gold's earnings last quarter?

Centerra Gold Inc. (NYSE:CGAU) released its quarterly earnings data on Tuesday, October, 31st. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.06. The company had revenue of $343.90 million for the quarter. Centerra Gold had a negative trailing twelve-month return on equity of 3.72% and a negative net margin of 18.96%.

How often does Centerra Gold pay dividends? What is the dividend yield for Centerra Gold?

Centerra Gold declared a quarterly dividend on Tuesday, October 31st. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.05 per share on Wednesday, November 29th. This represents a $0.20 annualized dividend and a dividend yield of 3.43%. The ex-dividend date of this dividend is Tuesday, November 14th. Read our dividend analysis for CGAU .

Is Centerra Gold a good dividend stock?

Centerra Gold (NYSE:CGAU) pays an annual dividend of $0.20 per share and currently has a dividend yield of 3.26%. Read our dividend analysis for CGAU .

Who are Centerra Gold's major shareholders?

Centerra Gold's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (9.38%), Ruffer LLP (3.96%), Helikon Investments Ltd (3.90%), Citigroup Inc. (1.79%), Mackenzie Financial Corp (1.57%) and Connor Clark & Lunn Investment Management Ltd. (1.47%).

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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Top-Rated Dividend StocksTop-Rated Dividend

Centerra Gold Stock Price, News & Analysis (NYSE:CGAU)

$5.83

-0.04 (-0.68%)

(As of 01:03 PM ET)

Compare

Today's Range: $5.80
▼
$5.97
50-Day Range: $4.53
▼
$6.18
52-Week Range: $4.51
▼
$7.71

Volume: 44,313 shs
Average Volume: 200,732 shs
Market Capitalization: $1.26 billion

P/E Ratio: N/A
Dividend Yield: 3.43%
Price Target: $9.07

Centerra Gold MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 55.5% Upside
$9.07 Price Target
Short Interest: Healthy
0.17% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.50
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 1,266.67%
From $0.03 to $0.41 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.83 out of 5 stars

Basic Materials Sector

15th out of 176 stocks

Gold & Silver Ores Industry

3rd out of 29 stocks

3.5

Analyst's Opinion

Consensus Rating
Centerra Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.07, Centerra Gold has a forecasted upside of 55.5% from its current price of $5.83.
Amount of Analyst Coverage
Centerra Gold has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.17% 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 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Centerra Gold has recently decreased by 46.33%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Centerra Gold pays a meaningful dividend of 3.26%, 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 Sustainability
Based on earnings estimates, Centerra Gold will have a dividend payout ratio of 48.78% next year. This indicates that Centerra Gold will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CGAU.

2.5

News and Social Media Coverage

News Sentiment
Centerra Gold has a news sentiment score of 0.50. 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 0.39 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Centerra Gold this week, compared to 1 article 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 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Centerra Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

0.8

Company Ownership

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
51.53% of the stock of Centerra Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Centerra Gold are expected to grow by 1,266.67% in the coming year, from $0.03 to $0.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Centerra Gold is -7.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Centerra Gold is -7.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Centerra Gold has a PEG Ratio of 11.72. 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 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Centerra Gold Stock (NYSE:CGAU)

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 include 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 headquartered in Toronto, Canada.

CGAU Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CGAU Stock News Headlines

December 5, 2023 | americanbankingnews.com

Analysts Issue Forecasts for Centerra Gold Inc.'s FY2023 Earnings (NYSE:CGAU)

December 3, 2023 | americanbankingnews.com

Centerra Gold (NYSE:CGAU) Rating Reiterated by Desjardins

December 6, 2023 | DTI Trader (Ad)

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November 17, 2023 | morningstar.com

Centerra Gold Inc CGAU

November 4, 2023 | finance.yahoo.com

Centerra Gold (TSE:CG) Will Pay A Dividend Of $0.07

November 2, 2023 | finance.yahoo.com

IAG or CGAU: Which Is the Better Value Stock Right Now?

November 2, 2023 | seekingalpha.com

Centerra Gold: Oksut Delivers Above Plan In Q3

November 2, 2023 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: Compania de Minas Buenaventura SAA (BVN), Ternium SA (TX) and Centerra Gold (CGAU)

December 6, 2023 | DTI Trader (Ad)

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November 1, 2023 | seekingalpha.com

Centerra Gold Inc. 2023 Q3 - Results - Earnings Call Presentation

November 1, 2023 | finanznachrichten.de

Centerra Gold Inc: Centerra Gold Reports Third Quarter 2023 Results; Significant Free Cash Flow Drives Increased Cash Balance

October 14, 2023 | finance.yahoo.com

Bullish Centerra Gold Insiders Loaded Up On US$803.5k Of Stock

October 10, 2023 | financialpost.com

Centerra Gold Provides Notice of Third Quarter 2023 Results and Conference Call

October 4, 2023 | msn.com

Centerra Gold: Mega Free Cash Flow Over The Next 12-24 Months

August 3, 2023 | markets.businessinsider.com

CIBC Keeps Their Buy Rating on Centerra Gold (CGAU)

August 2, 2023 | finance.yahoo.com

Does This Valuation Of Centerra Gold Inc. (TSE:CG) Imply Investors Are Overpaying?

August 2, 2023 | seekingalpha.com

Centerra Gold Is Well-Positioned For The Expected Bullish Gold (Rating Upgrade)

August 1, 2023 | seekingalpha.com

Centerra Gold Inc. 2023 Q2 - Results - Earnings Call Presentation

August 1, 2023 | seekingalpha.com

Centerra Gold reports mixed Q2 earnings; updates FY23 outlook

July 31, 2023 | finance.yahoo.com

Centerra Gold Reports Second Quarter Results and Provides Updated 2023 Guidance Including Öksüt

June 23, 2023 | finance.yahoo.com

CGAU - Centerra Gold Inc.

June 20, 2023 | finance.yahoo.com

This Top Small Value Fund Finds Bargains in Gold Miners, Oil, and Retail

June 15, 2023 | juniorminingnetwork.com

Contact Gold Provides Drilling and Exploration Update for Green Springs Gold Project

June 5, 2023 | msn.com

Royal Gold cut to Sell equivalent at BofA on portfolio concerns

May 31, 2023 | msn.com

Centerra Gold eyes restart of full operations at Turkey mine in coming weeks

May 22, 2023 | msn.com

Centerra Gold: Dividend Insights

May 18, 2023 | finance.yahoo.com

Centerra Gold (TSE:CG) Is Paying Out A Dividend Of $0.07

See More Headlines

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Company Calendar

Last Earnings: 10/31/2023
Ex-Dividend for 11/29 Dividend: 11/14/2023
Dividend Payable: 11/29/2023
Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/22/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Gold & silver ores
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:CGAU
CUSIP: N/A
CIK: 1854640
Web: www.centerragold.com
Phone: (416) 204-1953
Fax: 416-204-1954
Employees: 1,022
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.07
High Stock Price Target: $11.00
Low Stock Price Target: $6.20
Potential Upside/Downside: +55.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.83)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 194.33
P/E Growth: 11.72
Net Income: $-77,210,000.00
Net Margins: -18.96%
Pretax Margin: -15.75%
Return on Equity: -3.72%
Return on Assets: -2.90%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.67
Quick Ratio: 2.56

Sales & Book Value

Annual Sales: $963.24 million
Price / Sales: 1.31
Cash Flow: $0.41 per share
Price / Cash Flow: 14.36
Book Value: $8.29 per share
Price / Book: 0.70

Miscellaneous

Outstanding Shares: 215,807,000
Free Float: 215,397,000
Market Cap: $1.26 billion
Optionable: Not Optionable
Beta: 1.03

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Key Executives

Mr. Darren J. Millman Bbus(Acc) (Age 45)
CA, Graddipacg, Executive VP & CFO
Comp: $799.21k
Ms. Claudia D'Orazio (Age 53)
Executive Vice President of Human Resources & Information Technology
Comp: $665.5k
Mr. Yousef Rehman (Age 41)
Executive VP, General Counsel & Corporate Secretary
Comp: $649.05k
Mr. Paul Botond Stilicho Tomory (Age 50)
President, CEO & Director
Mr. Paul Chawrun
Executive VP & COO
Ms. Lisa Wilkinson P. Eng.
P.Eng., Vice President of Investor Relations & Corporate Communications
Ms. Helene Timpano
Executive Vice President of Strategy & Corporate Development
Mr. Mark A. Wilson (Age 68)
President of Base Metals Division
Dr. Lars Weiershauser P.Geo.
Ph.D., Director of Geology
Toby Caron
Treasurer & Director of Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CGAU Stock Analysis - Frequently Asked Questions

Should I buy or sell Centerra Gold stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Centerra Gold in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CGAU shares.
View CGAU analyst ratings or view top-rated stocks.
What is Centerra Gold's stock price target for 2024?: 4 Wall Street analysts have issued 1 year price objectives for Centerra Gold's stock. Their CGAU share price targets range from $6.20 to $11.00. On average, they anticipate the company's share price to reach $9.07 in the next twelve months. This suggests a possible upside of 55.5% from the stock's current price.
View analysts price targets for CGAU or view top-rated stocks among Wall Street analysts.
How have CGAU shares performed in 2023?: Centerra Gold's stock was trading at $5.18 at the beginning of 2023. Since then, CGAU stock has increased by 12.5% and is now trading at $5.83.
View the best growth stocks for 2023 here.
Are investors shorting Centerra Gold?: Centerra Gold saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 356,800 shares, a decline of 46.3% from the October 31st total of 664,800 shares. Based on an average daily volume of 229,100 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.2% of the company's shares are sold short.
View Centerra Gold's Short Interest.
When is Centerra Gold's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our CGAU earnings forecast.
How were Centerra Gold's earnings last quarter?: Centerra Gold Inc. (NYSE:CGAU) released its quarterly earnings data on Tuesday, October, 31st. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.06. The company had revenue of $343.90 million for the quarter. Centerra Gold had a negative trailing twelve-month return on equity of 3.72% and a negative net margin of 18.96%.

How often does Centerra Gold pay dividends? What is the dividend yield for Centerra Gold?: Centerra Gold declared a quarterly dividend on Tuesday, October 31st. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.05 per share on Wednesday, November 29th. This represents a $0.20 annualized dividend and a dividend yield of 3.43%. The ex-dividend date of this dividend is Tuesday, November 14th.
Read our dividend analysis for CGAU.
Is Centerra Gold a good dividend stock?: Centerra Gold (NYSE:CGAU) pays an annual dividend of $0.20 per share and currently has a dividend yield of 3.26%.
Read our dividend analysis for CGAU.
Who are Centerra Gold's major shareholders?: Centerra Gold's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (9.38%), Ruffer LLP (3.96%), Helikon Investments Ltd (3.90%), Citigroup Inc. (1.79%), Mackenzie Financial Corp (1.57%) and Connor Clark & Lunn Investment Management Ltd. (1.47%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:CGAU) was last updated on 12/6/2023 by MarketBeat.com Staff

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