The stock of Centerra Gold Inc (CGAU) has gone down by -0.97% for the week, with a -4.82% drop in the past month and a -24.19% drop in the past quarter. The volatility ratio for the week is 2.18%, and the volatility levels for the past 30 days are 2.81% for CGAU. The simple moving average for the past 20 days is -4.10% for CGAU’s stock, with a -14.51% simple moving average for the past 200 days.
Is It Worth Investing in Centerra Gold Inc (NYSE: CGAU) Right Now?
The price-to-earnings ratio for Centerra Gold Inc (NYSE: CGAU) is 11.91x, which is above its average ratio. Moreover, the 36-month beta value for CGAU is 1.26. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 7 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for CGAU is 208.68M and currently, short sellers hold a 1.03% of that float. On December 27, 2024, CGAU’s average trading volume was 954.82K shares.
CGAU) stock’s latest price update
The stock of Centerra Gold Inc (NYSE: CGAU) has decreased by -0.62 when compared to last closing price of 5.66.Despite this, the company has seen a loss of -0.97% in its stock price over the last five trading days. newsfilecorp.com reported 2024-12-18 that Vancouver, British Columbia–(Newsfile Corp. – December 18, 2024) – Dryden Gold Corp. (TSXV: DRY) (OTCQB: DRYGF) (“Dryden Gold” or the “Company”) is pleased to announce that it has closed its previously announced C$3.38 million non-brokered private placement (the “Offering”) of an aggregate of 14,930,000 common shares (the “Shares”). (see press release dated December 10, 2024) Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) (“Centerra”) has acquired approximately 9.9% of the issued and outstanding common shares of the Company.
CGAU Trading at -10.67% 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 -28.07% of loss for the given period.
Volatility was left at 2.81%, however, over the last 30 days, the volatility rate increased by 2.18%, as shares sank -5.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.30% lower at present.
During the last 5 trading sessions, CGAU fell by -0.79%, which changed the moving average for the period of 200-days by -3.34% in comparison to the 20-day moving average, which settled at $5.87. In addition, Centerra Gold Inc saw -5.62% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CGAU
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.35 for the gross margin
The net margin for Centerra Gold Inc stands at 0.08. The total capital return value is set at 0.1. Equity return is now at value 6.02, with 4.60 for asset returns.
Currently, EBITDA for the company is 143.98 million with net debt to EBITDA at -1.76. When we switch over and look at the enterprise to sales, we see a ratio of 0.48. The receivables turnover for the company is 17.09for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.60.
Conclusion
To wrap up, the performance of Centerra Gold Inc (CGAU) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.