Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Centerra Gold Inc (NYSE: CGAU) improved during the last several trading days. CGAU’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Centerra Gold Inc (NYSE: CGAU) stock declined by -2.3% on 4/12/24. The shares closed at $5.99. Moreover, trading volume in this decline was unusually high at 188% of normal. The stock has performed in line with the market over the last nine months and has declined -2.8% during the last week.
Current PriceTarget Research Rating
CGAU’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Centerra Gold has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Centerra Gold has a slightly positive Appreciation Score of 61 but a poor Power Rating of 29, with the Low Neutral Value Trend Rating the result.
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