The stock of Centerra Gold Inc. (NYSE: CGAU) has decreased by -1.88 when compared to last closing price of 6.90. Despite this, the company has experienced a -2.17% fall in its stock price over the last five trading sessions. zacks.com reported 2024-06-26 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is It Worth Investing in Centerra Gold Inc. (NYSE: CGAU) Right Now?
Centerra Gold Inc. (NYSE: CGAU) has a higher price-to-earnings ratio of 26.74x compared to its average ratio, The 36-month beta value for CGAU is at 1.27. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for CGAU is 210.90M, and currently, shorts hold a 0.41% of that float. The average trading volume for CGAU on June 28, 2024 was 580.64K shares.
CGAU’s Market Performance
CGAU’s stock has seen a -2.17% decrease for the week, with a -3.29% drop in the past month and a 14.55% gain in the past quarter. The volatility ratio for the week is 2.46%, and the volatility levels for the past 30 days are at 3.07% for Centerra Gold Inc. The simple moving average for the last 20 days is -1.34% for CGAU stock, with a simple moving average of 17.02% for the last 200 days.
CGAU Trading at 1.36% from the 50-Day Moving Average
After a stumble in the market that brought CGAU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.85% of loss for the given period.
Volatility was left at 3.07%, however, over the last 30 days, the volatility rate increased by 2.46%, as shares sank -2.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.96% upper at present.
During the last 5 trading sessions, CGAU fell by -1.95%, which changed the moving average for the period of 200-days by +18.00% in comparison to the 20-day moving average, which settled at $6.85. In addition, Centerra Gold Inc. saw 13.59% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CGAU
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.3 for the gross margin
The net margin for Centerra Gold Inc. stands at 0.05. The total capital return value is set at 0.13. Equity return is now at value 3.41, with 2.58 for asset returns.
Based on Centerra Gold Inc. (CGAU), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 20.16. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 395.26.
Currently, EBITDA for the company is 245.46 million with net debt to EBITDA at -1.63. When we switch over and look at the enterprise to sales, we see a ratio of 0.7. The receivables turnover for the company is 16.61for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.22.
Conclusion
In conclusion, Centerra Gold Inc. (CGAU) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
