Centerra Gold Inc (NYSE: CGAU) is 0.00% lower on its value in year-to-date trading and has touched a low of $4.90 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 $6.00 in the last trading session, with the day’s loss setting it -0.31%.
Currently trading at $5.69, the stock is -11.46% and -6.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing -5.17% at the moment leaves the stock -13.83% off its SMA200. CGAU registered 10.27% gain for a year compared to 6-month loss of -23.32%.
The stock witnessed a -5.79% gain in the last 1 month and extending the period to 3 months gives it a -8.81%, and is -14.44% 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 5.63% over the week and 3.85% over the month.
Centerra Gold Inc (CGAU) has around 1236 employees, a market worth around $1.20B and $1.20B in sales. Current P/E ratio is 16.00 and Fwd P/E is 7.52. Profit margin for the company is 6.72%. Distance from 52-week low is 16.12% and -27.24% from its 52-week high. The company has generated returns on investments over the last 12 months (4.82%).
with sales reaching $268.35M over the same period.The EPS is expected to shrink by -15.94% this year, but quarterly earnings will post -8.28% year-over-year. Quarterly sales are estimated to shrink -12.25% in year-over-year returns.
The shares outstanding are 210.03M, and float is at 208.57M with Short Float at 1.40%.
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 8.7718 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 4.7713 of the shares outstanding. The other top investors are ACADIAN ASSET MANAGEMENT LLC which holds 8.86 million shares representing 4.1931 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.
