(CG) Centerra Gold - Ratings and Ratios

Centerra Gold Inc. is a gold and copper mining company with a diverse portfolio of assets across North America, Turkey, and other international locations. Its principal assets include the Mount Milligan gold-copper mine in British Columbia, Canada, and the Öksüt gold mine in Türkiye, both of which are operational. Additionally, the company has several development projects, including the Kemess project in British Columbia, Canada, and the Goldfield District project in Nevada, United States. Centerra Gold also has a Molybdenum Business Unit, which includes the Langeloth metallurgical processing facility in Pennsylvania, and owns stakes in other mines, such as the Thompson Creek Mine in Idaho and the Endako Mine in British Columbia, Canada.

From a technical analysis perspective, Centerra Golds stock price has been trending upwards, with its 20-day simple moving average (SMA) at $9.74, above its 50-day SMA of $9.36, and significantly above its 200-day SMA of $8.83. The stocks average true range (ATR) is $0.35, indicating a moderate level of volatility. Given the current price of $9.82, and considering the stocks historical price range over the past 52 weeks ($7.68 - $10.38), it appears to be in a consolidation phase.

Fundamentally, Centerra Gold has a market capitalization of $2.15 billion CAD, with a price-to-earnings (P/E) ratio of 41.44, indicating a relatively high valuation compared to its current earnings. However, its forward P/E ratio is significantly lower at 9.97, suggesting expected growth in earnings. The companys return on equity (RoE) is 2.62%, which is relatively low. Considering these fundamental metrics, it seems that the market is pricing in future growth expectations.

Forecasting the stocks future performance using both technical and fundamental data, we can expect Centerra Golds stock to continue its upward trend, driven by its operational assets and expected growth in earnings. The stocks technical indicators suggest a potential breakout above its current consolidation range, with a target price of $10.50. However, the high P/E ratio and low RoE indicate that the companys financial performance needs to improve to justify its current valuation. Therefore, investors should closely monitor Centerra Golds future earnings reports and operational updates to assess the companys progress towards meeting its growth expectations.