Centerra Gold Inc (CGAU) is -13.05% away from 50-day simple Moving Average despite all headwinds

Centerra Gold Inc (NYSE: CGAU) kicked off on Monday, down -4.49% from the previous trading day, before settling in for the closing price of $6.24. Over the past 52 weeks, CGAU has traded in a range of $4.47-$7.82.

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Annual sales at Basic Materials sector company grew by 5.42% over the past five years. While this was happening, its average annual earnings per share was recorded 1477.83%. With a float of $208.71 million, this company’s outstanding shares have now reached $215.50 million.

Let’s look at the performance matrix of the company that is accounted for 1236 employees. In terms of profitability, gross margin is 28.96%, operating margin of 23.8%, and the pretax margin is 17.69%.

Centerra Gold Inc (CGAU) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of Centerra Gold Inc is 1.24%, while institutional ownership is 90.40%.

Centerra Gold Inc (CGAU) Latest Financial update

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.28 earnings per share (EPS), higher than consensus estimate (set at 0.28) by -0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1477.83% per share during the next fiscal year.

Centerra Gold Inc (NYSE: CGAU) Trading Performance Indicators

Take a look at Centerra Gold Inc’s (CGAU) current performance indicators. Last quarter, stock had a quick ratio of 2.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.43. Likewise, its price to free cash flow for the trailing twelve months is 8.86.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.47, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 0.73 in one year’s time.

Technical Analysis of Centerra Gold Inc (CGAU)

Centerra Gold Inc (NYSE: CGAU) saw its 5-day average volume 0.82 million, a positive change from its year-to-date volume of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 68.50%. Additionally, its Average True Range was 0.23.

During the past 100 days, Centerra Gold Inc’s (CGAU) raw stochastic average was set at 9.71%, which indicates a significant decrease from 25.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.89% in the past 14 days, which was higher than the 41.24% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.85, while its 200-day Moving Average is $6.51. Nevertheless, the first resistance level for the watch stands at $6.05 in the near term. At $6.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.20. If the price goes on to break the first support level at $5.90, it is likely to go to the next support level at $5.84. The third support level lies at $5.75 if the price breaches the second support level.

Centerra Gold Inc (NYSE: CGAU) Key Stats

The company with the Market Capitalisation of 1.76 billion has total of 211,338K Shares Outstanding. Its annual sales at the moment are 1,095 M in contrast with the sum of -81,280 K annual income. Company’s last quarter sales were recorded 323,930 K and last quarter income was 28,790 K.