What Are Wall Street’s Thoughts On Centerra Gold Inc. Shares (CGAU)?

The stock of Centerra Gold Inc. (NYSE:CGAU) decreased by -$0.08 on Friday to finish at $5.18, down -1.52 percent. The last five days have seen an average of 124,260 shares of common stock traded. 14 times new highs were reached in the current year, with a fall of -$2.50. The average number of shares traded over the last 20 days was 154,945, while the average volume over the last 50 days totaled 150,090.

CGAU stock dropped -2.63% since last month. On 12/19/22, the company’s shares reached a one-month low of $4.76. The stock touched a high of $10.57 on 03/10/22, after rallying from a low of $3.77 in 52 weeks. The price of CGAU stock has declined by -32.55% or -$2.50 this year, reaching a new high 14 times. Still, the stock price is down -50.99% from the 52-week high.

Valuation Metrics

Centerra Gold Inc. (CGAU) has a trailing price-to-earnings (P/E) ratio of 1.34. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.28, the price-to-book (PB) ratio of 0.58.

Company paid $0.0510 per share in dividends, a decrease of -7.27% from $0.0550 last year. A $0.0040 dividend decrease was reported on Monday November 7 2022.

Financial Health

Based on annual data, it had gross profit of $291.96 million and revenue of $900.14 million.

Earnings Surprise

According to Centerra Gold Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that Centerra Gold Inc.’s quarterly earnings would be -$0.12, but it ended up being $0. EBITDA was $11.65 million for the quarter. At the end of Centerra Gold Inc.’s most recent quarter ended June 29, its liabilities totaled 488.36 million, while its total debt was $11.4 million.

Technical Picture

Here’s a quick look at Centerra Gold Inc.’s (CGAU) price momentum from a technical perspective. As of 30 December, the RSI 9-day stood at 50.19%, suggesting the stock is Neutral, with a 63.26% historical volatility rate.

The stochastic %K and %D were 54.63% and 66.56% respectively, while the average true range (ATR) was 0.23. Based on the 14-day stochastic reading of 50.61%, the RSI (14) reading is 51.23%. On the 9-day MACD Oscillator, the stock is at 0.00, and the 14-day reading is at 0.08.

Analyst Ratings

Centerra Gold Inc. (NYSE: CGAU) was downgraded by Scotiabank to a a Sector perform rating in its latest research report. The stock was previously rated as a a Sector outperform. Analysts have assigned Centerra Gold Inc. (CGAU) an Hold rating. CGAU is a stock that is recommended for selling by 0 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 3 others recommend it as a buy.

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