Based on ratings from 0 stock analysts, the Centerra Gold Inc. stock price is expected to increase by 9.12% in 12 months. This is calculated by using the average 12-month stock price forecast for Centerra Gold Inc.. The lowest target is $6.55 and the highest is $9. Please note analyst price targets are not guaranteed and could be missed completely.
CGAU is a stock in Basic Materials which has been forecasted to be worth $7.78 as an average. On the higher end, the forecast price is $9 USD by Ovais Habib from Scotiabank and on the lower end CGAU is forecasted to be $6.55 by from .
These are the latest 20 analyst ratings of CGAU.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Anita Soni CIBC | Neutral | $13 | Downgrade | Jul 10, 2024 |
Ovais Habib Scotiabank | Sector Outperform | $9 | Maintains | May 23, 2024 |
Anita Soni CIBC | Outperformer | $11 | Maintains | Apr 15, 2024 |
Brian MacArthur Raymond James | Outperform | $11 | Maintains | Dec 29, 2023 |
Steven Green TD Securities | Buy | $11 | Upgrade | May 31, 2023 |
Brian MacArthur Raymond James | Outperform | $11 | Upgrade | May 31, 2023 |
Trevor Turnbull Scotiabank | Sector Perform | $7 | Downgrade | Aug 11, 2022 |
Carey Macrury Canaccord Genuity | Speculative Buy | $14.5 | Downgrade | Apr 21, 2021 |
ScotiaBank | Sector Perform | Downgrade | Mar 19, 2021 | |
Canaccord Genuity | Buy | Upgrade | Oct 18, 2018 |
When did it IPO
2008
Staff Count
0
Country
Canada
Sector/Industry
Basic Materials/Gold
CEO
Mr. Paul Botond Stilicho Tomory
Market Cap
$1.52B
In 2023, CGAU generated $1.09B in revenue, which was a increase of 28.78% from the previous year. This can be seen as a signal that CGAU's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Centerra Gold Inc. will release its Q3 2024 financial results on October 31, 2024. A conference call will follow on November 1, 2024, at 9:00 a.m. ET.
Why It Matters - Centerra Gold's upcoming Q3 2024 results announcement and conference call may impact its stock price and investor sentiment, providing insights into financial health and operational performance.
Summary - Thompson Creek and Langeloth integration projected to yield an after-tax NPV of $472M and IRR of 22%. Expected annual earnings of $45M and $50M EBITDANG at full capacity.
Why It Matters - The projected after-tax NPV of $472M and 22% IRR indicate strong profitability, while $45M in earnings and $50M EBITDANG suggest robust operational performance, positively impacting stock valuation.
Summary - Centerra Gold Inc. will release its strategic plan for US molybdenum operations, including feasibility study results, on September 12, 2024. A conference call will follow on September 13, 2024.
Why It Matters - The upcoming strategic plan and feasibility study results from Centerra Gold could significantly impact its stock price and investor sentiment regarding its US operations and future profitability.
Summary - Zacks utilizes its Zacks Rank system, focusing on earnings estimates and revisions, alongside value, growth, and momentum trends to identify strong stock picks.
Why It Matters - The Zacks Rank system highlights stocks with favorable earnings estimates, crucial for identifying investment opportunities amid growth and momentum trends.
Summary - Centerra Gold (CGAU) has been upgraded to a Zacks Rank #2 (Buy), indicating increased optimism about its earnings prospects.
Why It Matters - Centerra Gold's upgrade to Zacks Rank #2 signals increasing earnings potential, likely boosting investor confidence and driving stock price appreciation.
Summary - Centerra Gold Inc. (CGAU) held its Q2 2024 earnings call, discussing financial performance and operational updates. Full details of the call are available in the transcript.
Why It Matters - Centerra Gold Inc.'s Q2 2024 earnings call provides insights into financial performance, operational updates, and future guidance, which can influence stock valuation and investor sentiment.