Centerra Gold Inc (NYSE: CGAU) is -4.70% lower on its value in year-to-date trading and has touched a low of $4.47 and a high of $7.82 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CGAU stock was last observed hovering at around $5.62 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $5.68, the stock is -4.86% and -11.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing 1.07% at the moment leaves the stock -13.69% off its SMA200. CGAU registered -7.19% loss for a year compared to 6-month loss of -17.92%. The firm has a 50-day simple moving average (SMA 50) of $6.444 and a 200-day simple moving average (SMA200) of $6.581.
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The stock witnessed a -5.65% gain in the last 1 month and extending the period to 3 months gives it a -18.04%, and is -3.57% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.49% over the week and 2.79% over the month.
Centerra Gold Inc (CGAU) has around 1236 employees, a market worth around $1.20B and $1.23B in sales. Current P/E ratio is 12.03 and Fwd P/E is 7.67. Profit margin for the company is 8.49%. Distance from 52-week low is 27.21% and -27.37% from its 52-week high. The company has generated returns on investments over the last 12 months (5.92%).
The EPS is expected to grow by 1481.46% this year
267.0 institutions hold shares in Centerra Gold Inc (CGAU), with institutional investors hold 91.29% of the company’s shares. The shares outstanding are 211.75M, and float is at 208.68M with Short Float at 1.03%. Institutions hold 91.14% of the Float.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 18.54 million shares valued at $124.69 million. The investor’s holdings represent 8.6168 of the CGAU Shares outstanding. As of 2024-06-30, the second largest holder is DONALD SMITH & CO., INC. with 10.08 million shares valued at $67.77 million to account for 4.687 of the shares outstanding. The other top investors are ACADIAN ASSET MANAGEMENT LLC which holds 8.86 million shares representing 4.119 and valued at over $59.53 million, while VANGUARD GROUP INC holds 3.7688 of the shares totaling 8.11 million with a market value of $54.49 million.
