-16.18% percent quarterly performance for Centerra Gold Inc (CGAU) is not indicative of the underlying story

Centerra Gold Inc (NYSE: CGAU) on Tuesday, soared 3.26% from the previous trading day, before settling in for the closing price of $5.82. Within the past 52 weeks, CGAU’s price has moved between $4.47 and $7.82.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Basic Materials Sector giant was 1.52%. The company achieved an average annual earnings per share of 1405.27%. With a float of $208.63 million, this company’s outstanding shares have now reached $211.75 million.

Let’s determine the extent of company efficiency that accounts for 1236 employees. In terms of profitability, gross margin is 32.16%, operating margin of 23.6%, and the pretax margin is 17.54%.

Centerra Gold Inc (CGAU) Insider Activity

Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of Centerra Gold Inc is 1.28%, while institutional ownership is 93.11%.

Centerra Gold Inc (CGAU) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1405.27% per share during the next fiscal year.

Centerra Gold Inc (NYSE: CGAU) Trading Performance Indicators

Centerra Gold Inc (CGAU) is currently performing well based on its current performance indicators. A quick ratio of 2.64 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.04. Likewise, its price to free cash flow for the trailing twelve months is 6.40.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.47, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 0.65 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 0.8 million, which is a jump from its year-to-date volume of 0.71 million. As of the previous 9 days, the stock’s Stochastic %D was 51.77%. Additionally, its Average True Range was 0.20.

During the past 100 days, Centerra Gold Inc’s (CGAU) raw stochastic average was set at 21.81%, which indicates a significant decrease from 83.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.98% in the past 14 days, which was lower than the 38.98% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.92, while its 200-day Moving Average is $6.58. However, in the short run, Centerra Gold Inc’s stock first resistance to watch stands at $6.10. Second resistance stands at $6.19. The third major resistance level sits at $6.29. If the price goes on to break the first support level at $5.91, it is likely to go to the next support level at $5.81. Should the price break the second support level, the third support level stands at $5.72.

Centerra Gold Inc (NYSE: CGAU) Key Stats

Market capitalization of the company is 1.27 billion based on 210,031K outstanding shares. Right now, sales total 1,095 M and income totals -81,280 K. The company made 323,930 K in profit during its latest quarter, and 28,790 K in sales during its previous quarter.