Centerra Gold Stock Today
| CGAU Stock | USD 6.29 0.07 1.10% |
Performance9 of 100
| Odds Of DistressLess than 18
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Centerra Gold is selling for under 6.29 as of the 30th of April 2024; that is -1.1% down since the beginning of the trading day. The stock's last reported lowest price was 6.25. Centerra Gold has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Centerra Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 15th of April 2021 | Category Basic Materials |
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 was incorporated in 2002 and is headquartered in Toronto, Canada. The company has 215.19 M outstanding shares of which 1.12 M shares are currently shorted by private and institutional investors with about 2.13 trading days to cover. More on Centerra Gold
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Follow Valuation Options Odds of Bankruptcy
Financial Report 20th of May 2024
Centerra Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Centerra Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Centerra Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Paul Tomory | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Gold and Gold Mining (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Metals & Mining, Materials, Basic Materials, NYSE Composite, Philadelphia GoldSilver, Gold and Gold Mining, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Centerra Gold report their recommendations after researching Centerra Gold's financial statements, talking to executives and customers, or listening in on Centerra Gold's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Centerra Gold. The Centerra consensus assessment is calculated by taking the average forecast from all of the analysts covering Centerra Gold. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Centerra Gold's historical financial statements, Centerra Gold may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Centerra Gold is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Centerra Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Centerra Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Centerra Gold's financial leverage. It provides some insight into what part of Centerra Gold's total assets is financed by creditors.
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Centerra Gold (CGAU) is traded on New York Stock Exchange in USA. It is located in 1 University Avenue, Toronto, ON, Canada, M5J 2P1 and employs 29 people. Centerra Gold is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Centerra Gold's market, we take the total number of its shares issued and multiply it by Centerra Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Centerra Gold conducts business under Metals & Mining sector and is part of Materials industry. The entity has 215.19 M outstanding shares of which 1.12 M shares are currently shorted by private and institutional investors with about 2.13 trading days to cover.
Centerra Gold currently holds about 723.34 M in cash with 245.81 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.29.
Check Centerra Gold Probability Of Bankruptcy
Ownership AllocationCenterra Gold retains a total of 215.19 Million outstanding shares. The majority of Centerra Gold outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Centerra Gold to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Centerra Gold. Please pay attention to any change in the institutional holdings of Centerra Gold as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Centerra Ownership Details
Centerra Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Centerra Gold jumping above the current price in 90 days from now is about 5.33%. The Centerra Gold probability density function shows the probability of Centerra Gold stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.1397 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Centerra Gold will likely underperform. Additionally, centerra Gold has an alpha of 0.1036, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Centerra Gold to move above the current price in 90 days from now is about 5.33 (This Centerra Gold probability density function shows the probability of Centerra Stock to fall within a particular range of prices over 90 days) .
Centerra Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Centerra Gold that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Centerra Gold's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Centerra Gold's value.| Instituion | Recorded On | Shares | |
| Edmond De Rothschild Holding S.a. | 2023-12-31 | 2.7 M | |
| Heartland Advisors Inc | 2023-12-31 | 2.2 M | |
| Bank Of Montreal | 2023-12-31 | 2.1 M | |
| Bmo Capital Markets Corp. | 2023-12-31 | 2.1 M | |
| Jpmorgan Chase & Co | 2023-12-31 | 2 M | |
| Pale Fire Capital Se | 2023-12-31 | 1.8 M | |
| Aegis Financial Corporation | 2023-12-31 | 1.8 M | |
| Sumitomo Mitsui Ds Asset Management Company, Limited | 2023-12-31 | 1.6 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.6 M | |
| Van Eck Associates Corporation | 2023-12-31 | 20.5 M | |
| Donald Smith & Co Inc | 2023-12-31 | 9.9 M |
Centerra Gold Historical Income Statement
Centerra Gold Income Statement is one of the three primary financial statements used for reporting Centerra's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Centerra Gold revenue and expense. Centerra Gold Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Centerra Gold's Interest Income is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 148.5 M in 2024, whereas Research Development is likely to drop slightly above 2.6 M in 2024. View More FundamentalsCenterra Stock Against Markets
Picking the right benchmark for Centerra Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Centerra Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Centerra Gold is critical whether you are bullish or bearish towards Centerra Gold at a given time. Please also check how Centerra Gold's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Centerra Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Centerra Gold Corporate Management
Elected by the shareholders, the Centerra Gold's board of directors comprises two types of representatives: Centerra Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Centerra. The board's role is to monitor Centerra Gold's management team and ensure that shareholders' interests are well served. Centerra Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Centerra Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Claudia Orazio | Vice President Chief Human Resource Officer | Profile | |
| Helene Timpano | Executive Development | Profile | |
| Richard Connor | Independent Director | Profile | |
| CA Bbus | VP CFO | Profile | |
| PEng Eng | Vice Communications | Profile |
How to buy Centerra Stock?
Before investing in Centerra Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Centerra Gold. To buy Centerra Gold stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Centerra Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Centerra Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Centerra Gold stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Centerra Gold stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Centerra Gold, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Centerra Stock please use our How to Invest in Centerra Gold guide.
Already Invested in Centerra Gold?
The danger of trading Centerra Gold is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Centerra Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Centerra Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Centerra Gold is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Centerra Gold is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Centerra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Centerra Gold Stock. Highlighted below are key reports to facilitate an investment decision about Centerra Gold Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centerra Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Centerra Stock please use our How to Invest in Centerra Gold guide.Note that the Centerra Gold information on this page should be used as a complementary analysis to other Centerra Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Centerra Stock analysis
When running Centerra Gold's price analysis, check to measure Centerra Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centerra Gold is operating at the current time. Most of Centerra Gold's value examination focuses on studying past and present price action to predict the probability of Centerra Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerra Gold's price. Additionally, you may evaluate how the addition of Centerra Gold to your portfolios can decrease your overall portfolio volatility.
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Is Centerra Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Centerra Gold. If investors know Centerra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Centerra Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Dividend Share 0.212 | Earnings Share (0.38) | Revenue Per Share 5.04 | Quarterly Revenue Growth 0.632 |
The market value of Centerra Gold is measured differently than its book value, which is the value of Centerra that is recorded on the company's balance sheet. Investors also form their own opinion of Centerra Gold's value that differs from its market value or its book value, called intrinsic value, which is Centerra Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Centerra Gold's market value can be influenced by many factors that don't directly affect Centerra Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Centerra Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centerra Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centerra Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.