Centerra Gold Inc. (NYSE: CGAU)’s stock price has gone decline by -0.98 in comparison to its previous close of 7.15, however, the company has experienced a -3.15% decrease in its stock price over the last five trading days. zacks.com reported 2024-08-08 that Centerra Gold (CGAU) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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 11.60x compared to its average ratio, The 36-month beta value for CGAU is at 1.30. Analysts have varying views on the stock, with 1 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 209.39M, and currently, shorts hold a 0.66% of that float. The average trading volume for CGAU on September 02, 2024 was 692.40K shares.
CGAU’s Market Performance
CGAU’s stock has seen a -3.15% decrease for the week, with a 8.09% rise in the past month and a 2.76% gain in the past quarter. The volatility ratio for the week is 2.26%, and the volatility levels for the past 30 days are at 3.67% for Centerra Gold Inc. The simple moving average for the last 20 days is 1.85% for CGAU’s stock, with a simple moving average of 15.21% for the last 200 days.
CGAU Trading at 3.43% 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 -5.73% of loss for the given period.
Volatility was left at 3.67%, however, over the last 30 days, the volatility rate increased by 2.26%, as shares surge +5.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.29% upper at present.
During the last 5 trading sessions, CGAU fell by -3.15%, which changed the moving average for the period of 200-days by +30.87% in comparison to the 20-day moving average, which settled at $6.97. In addition, Centerra Gold Inc. saw 18.79% 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:
- 0.27 for the present operating margin
- 0.32 for the gross margin
The net margin for Centerra Gold Inc. stands at 0.11. The total capital return value is set at 0.17. Equity return is now at value 7.98, with 6.13 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 18.52. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 254.51.
Currently, EBITDA for the company is 245.46 million with net debt to EBITDA at -1.23. When we switch over and look at the enterprise to sales, we see a ratio of 0.74. The receivables turnover for the company is 18.38for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.79.
Conclusion
In conclusion, Centerra Gold Inc. (CGAU) has had a better performance lately. Opinion on the stock among analysts is bullish, 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.
