Centerra Gold Inc (NYSE: CGAU) suffers from exceptional negative changes in investment behavior: negative upside/downside volume developed, and its shorter term price trend turned down.
Recent significant negative changes in fundamentals have impacted Centerra Gold Inc (NYSE: CGAU): the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
CGAU is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Centerra Gold has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Centerra Gold has a good Appreciation Score of 72 and a good Power Rating of 82, producing the Highest Value Trend Rating.
Recent Price Action
Centerra Gold Inc (NYSE: CGAU) stock closed at $6.56 on 7/26/24 after an increase of 1.2%. However, this advance was accompanied by unusually low trading volume at 54% of normal. The stock has been strong relative to the market over the last nine months but has declined -2.1% during the last week.
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