A new trading day began on Friday, with Centerra Gold Inc. (NYSE: CGAU) stock price down -3.33% from the previous day of trading, before settling in for the closing price of $7.50. CGAU’s price has ranged from $4.47 to $7.82 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 5.42%. Meanwhile, its annual earnings per share averaged 1537.26%. With a float of $209.37 million, this company’s outstanding shares have now reached $215.50 million.
Let’s determine the extent of company efficiency that accounts for 1236 employees. In terms of profitability, gross margin is 32.22%, operating margin of 26.78%, and the pretax margin is 20.81%.
Centerra Gold Inc. (CGAU) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of Centerra Gold Inc. is 1.58%, while institutional ownership is 85.58%.
Centerra Gold Inc. (CGAU) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.2 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1537.26% per share during the next fiscal year.
Centerra Gold Inc. (NYSE: CGAU) Trading Performance Indicators
Here are Centerra Gold Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.22. Likewise, its price to free cash flow for the trailing twelve months is 5.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.61, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.80 in one year’s time.
Technical Analysis of Centerra Gold Inc. (CGAU)
Looking closely at Centerra Gold Inc. (NYSE: CGAU), its last 5-days average volume was 0.83 million, which is a jump from its year-to-date volume of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 57.81%. Additionally, its Average True Range was 0.22.
During the past 100 days, Centerra Gold Inc.’s (CGAU) raw stochastic average was set at 71.78%, which indicates a significant increase from 57.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.54% in the past 14 days, which was lower than the 38.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.12, while its 200-day Moving Average is $6.41. However, in the short run, Centerra Gold Inc.’s stock first resistance to watch stands at $7.43. Second resistance stands at $7.60. The third major resistance level sits at $7.70. If the price goes on to break the first support level at $7.16, it is likely to go to the next support level at $7.06. Should the price break the second support level, the third support level stands at $6.89.
Centerra Gold Inc. (NYSE: CGAU) Key Stats
With a market capitalization of 1.54 billion, the company has a total of 214,012K Shares Outstanding. Currently, annual sales are 1,095 M while annual income is -81,280 K. The company’s previous quarter sales were 282,310 K while its latest quarter income was 37,670 K.
