Centerra Gold Inc (NYSE: CGAU) is 19.33% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CGAU stock was last observed hovering at around $6.60 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $6.79, the stock is 11.93% and 14.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing 2.88% at the moment leaves the stock 3.00% off its SMA200. CGAU registered 26.92% gain for a year compared to 6-month loss of 9.87%. The firm has a 50-day simple moving average (SMA 50) of $5.9394 and a 200-day simple moving average (SMA200) of $6.58895.
The stock witnessed a 17.27% gain in the last 1 month and extending the period to 3 months gives it a 4.14%, and is 11.49% up 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 3.42% over the week and 3.25% over the month.
Centerra Gold Inc (CGAU) has around 1236 employees, a market worth around $1.43B and $1.23B in sales. Current P/E ratio is 14.38 and Fwd P/E is 10.89. Profit margin for the company is 8.49%. Distance from 52-week low is 52.07% and -13.17% from its 52-week high. The company has generated returns on investments over the last 12 months (5.92%).
with sales reaching $309.83M over the same period.The EPS is expected to grow by 1379.29% this year, but quarterly earnings will post 12.66% year-over-year. Quarterly sales are estimated to shrink -8.87% in year-over-year returns.
268.0 institutions hold shares in Centerra Gold Inc (CGAU), with institutional investors hold 90.00% of the company’s shares. The shares outstanding are 211.75M, and float is at 208.63M with Short Float at 1.40%. Institutions hold 89.84% 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.
