Centerra Gold Inc. [CGAU] stock prices are up 3.39% to $5.19 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CGAU shares have gain 1.76% over the last week, with a monthly amount drifted -1.33%, and not seem to be holding up well over a long-time horizon.
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On 22, February 2024, Centerra Gold Announces Quarterly Dividend of C$0.07 per Common Share. In a post published today on Yahoo Finance, Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announced today that its Board of Directors has approved a quarterly dividend of C$0.07 per common share – approximately C$15.1 million or US$11.2 million. The quarterly dividend is payable on March 27, 2024, to shareholders of record as of the close of business on March 13, 2024. The dividend is an eligible dividend for Canadian income tax purposes.
From an analyst’s perspective:
Previously, TD Securities upgraded its rating to Buy on May 31, 2023. On May 31, 2023, upgrade upgraded it’s rating to Outperform. Scotiabank downgraded its rating to a Sector Perform and decreased its price target to $7 on August 11, 2022. Canaccord Genuity upgraded its rating to a Buy. CIBC upgraded its rating to Neutral for this stock on August 11, 2021. In a note dated May 10, 2021, BofA Securities downgraded an Neutral rating on this stock.
The stock price of Centerra Gold Inc. [CGAU] has been fluctuating between $4.47 and $7.71 over the past year. Centerra Gold Inc. [NYSE: CGAU] shares were valued at $5.19 at the most recent close of the market.
Analyzing the CGAU fundamentals
The Centerra Gold Inc. [NYSE:CGAU] reported sales of 1.10B for trailing twelve months, representing a surge of 76.62%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.11 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.02 points at the first support level, and at 4.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.31, and for the 2nd resistance point, it is at 5.44.
Centerra Gold Inc. [CGAU] reported earnings per share of $0.28 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.25/share, meaning a difference of $0.03 and a surprise factor of 12.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.2 per share as compared to estimates of $0.16 per share, a difference of $0.04 representing a surprise of 25.00%.
Ratios To Look Out For
It’s worth pointing out that Centerra Gold Inc. [NYSE:CGAU]’s Current Ratio is 3.25. In addition, the Quick Ratio stands at 2.38 and the Cash Ratio stands at 2.04. Considering the valuation of this stock, the price to sales ratio is 1.01, the price to book ratio is 0.67.
