Centerra Gold Inc (NYSE: CGAU) is -5.70% 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 $5.67 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $5.62, the stock is -4.68% and -11.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.24 million and changing -0.88% at the moment leaves the stock -14.60% off its SMA200. CGAU registered -7.87% loss for a year compared to 6-month loss of -17.35%. The firm has a 50-day simple moving average (SMA 50) of $6.3874 and a 200-day simple moving average (SMA200) of $6.5813.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -9.94% gain in the last 1 month and extending the period to 3 months gives it a -24.97%, and is -4.26% 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 2.98% over the week and 2.85% over the month.
Centerra Gold Inc (CGAU) has around 1236 employees, a market worth around $1.19B and $1.23B in sales. Current P/E ratio is 11.90 and Fwd P/E is 7.59. Profit margin for the company is 8.49%. Distance from 52-week low is 25.87% and -28.13% from its 52-week high. The company has generated returns on investments over the last 12 months (5.92%).
with sales reaching $327.58M over the same period.The EPS is expected to grow by 1481.46% this year, but quarterly earnings will post 13.17% year-over-year. Quarterly sales are estimated to shrink -3.65% in year-over-year returns.
Centerra Gold Inc (CGAU) Top Institutional Holders
267.0 institutions hold shares in Centerra Gold Inc (CGAU), with institutional investors hold 91.33% 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 91.17% 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.
Centerra Gold Inc (CGAU) Insider Activity
#####
