Centerra Gold Inc. (CGAU) Stock Forecast & Predictions

Centerra Gold Inc. CGAU: $8.19

1 University Ave Suite 1500, Toronto, Ontario, Canada. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.centerragold.com

  • Market Cap$2.43B
  • Change (52 Weeks)34.04%
  • Low (52 Weeks)$6.6
  • Centerra Gold Inc. (CGAU) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Centerra Gold Inc. (CGAU) is based on 18 Institutional Analyst Ratings where 33.33% are on Strong Buy, 22.22% on Moderate Buy, 38.89% remains on Hold, 0.00% are on Moderate Sell and 5.56% are on Strong Sell.

    Out of 18 Institutional Analysts, majority recommended CGAU stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Centerra Gold Inc..

    Centerra Gold Inc. (CGAU) Stock Price Prediction By Analysts


    HighLowAverage
    $11.78$7.89$9.57
    $9.5716.8% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for CGAU set by the institutional analysts is $9.57 where High Estimate is $11.78, Median $9.299884393063584 and Low $7.89.

    The average price target for CGAU by Institutional Analysts is $9.57, which is 16.8% Upside from the current price. So according to the Institutional Analysts, CGAU Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Centerra Gold Inc. (CGAU) Stock Forecast Based on Investor Sentiment


    Moderately Positive

    Based on 548,319 investor portfolio.

    Our algorithm has analysed 548,319 investor portfolio with CGAU stock holdings and found that 72.50% of them are bullish. Which means the Investor Sentiment is mostly Moderately Positive.

    This shows most investors are moderately optimistic about CGAU and while some have already closed their position and took profit, some are still holding their positions hoping for a further rise in the stock price and more profit.

    Centerra Gold Inc. (CGAU) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    National Bank of Canada FinancialOutperformUpgraded
    Scotiabank CapitalOutperformMaintained
    RBC CapitalOutperformInitiated
    Raymond James FinancialMarket PerformUpgraded
    Credit SuisseOutperformUpgraded
    CIBC WMOutperformDowngraded
    CIBC WMNeutralUpgraded
    RaymondJamesFinancialMarket PerformUpgraded
    NationalBankFinancialOutperformUpgraded
    CormarkFinancialBuyUpgraded
    CM BankNeutralUpgraded
    CIBC WGNeutralUpgraded
    National Bank FinancialOutperformUpgraded
    Raymond James FinancialMarket PerformDowngraded
    SbankSector PerformInitiated
    National Bank FinancialOutperformUpgraded
    SbankDowngraded
    RBC CapitalOutperformMaintained
    CIBC World MarketsNeutralUpgraded
    National Bank FinancialUpgraded
    Canaccord GenuityUpgraded
    SbankUpgraded
    Credit SuisseUpgraded
    Raymond James FinancialMarket PerformInitiated
    CIBC World MarketsUnderperformUpgraded
    Raymond James FinancialMarket PerformUpgraded
    National Bank FinancialOutperformUpgraded
    SbankOutperformUpgraded
    Raymond James FinancialMarket PerformUpgraded
    Credit SuisseOutperformUpgraded
    CIBC World MarketsUnderperformDowngraded
    Raymond James FinancialMarket PerformDowngraded
    TD SecuritiesHoldDowngraded
    Raymond James FinancialMarket PerformInitiated
    Raymond James FinancialMarket PerformUpgraded
    National Bank FinancialOutperformDowngraded
    Cormark SecuritiesMarket PerformDowngraded
    CIBC World MarketsUnderperformReiterated
    CIBC World MarketsUnderperformDowngraded
    National Bank FinancialOutperformUpgraded
    Raymond James FinancialMarket PerformDowngraded
    Raymond James FinancialMarket PerformDowngraded
    SbankSector PerformDowngraded
    Credit SuisseOutperformDowngraded
    TD SecuritiesHoldInitiated
    SbankOutperformUpgraded
    Raymond James FinancialOutperformDowngraded
    National Bank FinancialOutperformDowngraded
    CIBC World MarketsNeutralDowngraded
    Credit SuisseOutperformDowngraded
    SbankOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    Raymond James FinancialOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    TD SecuritiesUpgraded
    Raymond James FinancialOutperformUpgraded
    CIBC World MarketsUpgraded
    National Bank FinancialOutperformUpgraded
    Credit SuisseUpgraded
    Raymond James FinancialOutperformUpgraded
    RBC CapitalSector PerformUpgraded
    TD SecuritiesHoldDowngraded
    CIBC World MarketsOutperformUpgraded
    Canaccord GenuityUpgraded
    Raymond James FinancialOutperformUpgraded
    CIBC World MarketsUpgraded
    TD SecuritiesBuyUpgraded
    TD SecuritiesDowngraded
    Raymond James FinancialMarket PerformUpgraded
    Canaccord GenuityUpgraded
    National Bank FinancialOutperformDowngraded
    Bank of AmericaDowngraded
    SbankDowngraded
    Raymond James FinancialOutperformInitiated
    SbankSector PerformReiterated
    TD SecuritiesHoldDowngraded
    Raymond James FinancialOutperformInitiated
    Credit SuisseDowngraded
    CIBC World MarketsNeutralDowngraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    Bank of AmericaBuyUpgraded
    National Bank FinancialOutperformUpgraded
    Raymond James FinancialOutperformUpgraded
    TD SecuritiesHoldUpgraded
    Raymond James FinancialUpgraded
    National Bank FinancialUpgraded
    Canaccord GenuityUpgraded
    CIBC World MarketsUpgraded
    Credit SuisseUpgraded
    National Bank FinancialSector PerformUpgraded
    RBC CapitalSector PerformUpgraded
    Raymond James FinancialOutperformUpgraded
    Raymond James FinancialOutperformInitiated
    CIBC World MarketsUpgraded
    Canaccord GenuityBuyInitiated
    Raymond James FinancialMarket PerformDowngraded
    CIBC World MarketsUpgraded
    Raymond James FinancialUpgraded
    RBC CapitalDowngraded
    Canaccord GenuityUpgraded
    Raymond James FinancialMarket PerformInitiated
    CIBC World MarketsDowngraded
    Canaccord GenuityBuyUpgraded
    Raymond James FinancialDowngraded
    CIBC World MarketsDowngraded
    Canaccord GenuityDowngraded
    National Bank FinancialDowngraded
    National Bank FinancialSector PerformDowngraded
    SbankOutperformUpgraded
    TD SecuritiesHoldUpgraded
    Raymond James FinancialMarket PerformInitiated
    National Bank FinancialOutperformDowngraded
    Canaccord GenuityUpgraded
    National Bank FinancialSector PerformUpgraded
    National Bank FinancialSector PerformDowngraded
    CIBC World MarketsUpgraded
    SbankOutperformDowngraded
    National Bank FinancialSector PerformUpgraded
    BMO Capital MarketsMarket PerformReiterated
    RBC CapitalSector PerformUpgraded
    SbankOutperformDowngraded
    National Bank FinancialOutperformDowngraded
    BMO Capital MarketsMarket PerformMaintained
    Desjardins SecuritiesMaintained
    RBC CapitalMaintained
    Canaccord GenuityHoldDowngraded
    CIBC World MarketsMaintained
    National Bank FinancialSector PerformMaintained
    Credit SuisseOutperformMaintained
    TD SecuritiesHoldMaintained
    SbankOutperformUpgraded
    Canaccord GenuityMaintained
    TD SecuritiesHoldMaintained
    CIBC World MarketsSector PerformMaintained
    SbankUnderperformMaintained
    Canaccord GenuityMaintained
    BMO Capital MarketsMaintained
    RBC CapitalSector PerformMaintained
    RBC CapitalMaintained
    BMO Capital MarketsMarket Perform (Speculative)Maintained
    BMO Capital MarketsAt Market PerformMaintained
    UBSMaintained
    RBC CapitalSector PerformMaintained
    TD SecuritiesReduceMaintained
    SbankMaintained
    TD SecuritiesHoldMaintained
    SbankMaintained
    CIBC World MarketsSector PerformMaintained
    RBC CapitalSector PerformMaintained
    SbankMaintained
    SbankSector PerformDowngraded
    BMO Capital MarketsSector OutperformMaintained
    TD SecuritiesHoldMaintained
    HSBCOutperformMaintained
    UBSBuyUpgraded
    CIBC World MarketsSpeculative Sector OutperformMaintained
    RBC CapitalOutperformMaintained
    TD SecuritiesMaintained
    SbankMaintained
    TD SecuritiesSource of FundsMaintained
    UBSNeutralDowngraded
    SbankMaintained
    UBSBuyMaintained
    HSBCOutperformMaintained
    Salman PartnersMaintained
    Canaccord GenuityMaintained
    SbankMaintained
    SbankMaintained
    RBC CapitalSector PerformInitiated
    BMO Capital MarketsMaintained

    Centerra Gold Inc. (CGAU) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.245
    The average consensus EPS for CGAU is $0.245 with a high estimate of $0.315 and Low of $0.176 for the period 2022-03-31 and based on 8 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.26$0.17032021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.12$0.11152021-09-30
    $0.26$0.17032021-06-30
    $0.28$0.2482021-03-31
    $0.35$0.37072020-12-31
    $0.68$0.42472020-09-30
    $0.33$0.22412020-06-30
    $0.16$0.18252020-03-31
    $0.08$0.18572019-12-31
    $0.26$0.14552019-09-30
    $0.11$0.08412019-06-30
    $0.17$0.0742019-03-31
    $0.17$0.30572018-12-31
    $0.05$0.0422018-09-30
    $0.01$0.0372018-06-30
    $0.05$0.03232018-03-31
    $0.36$0.32482017-12-31
    $0.2$0.22322017-09-30
    $0.17$0.11272017-06-30
    $0.2$0.10662017-03-31
    $0.23$0.24862016-12-31
    $0.21$0.15322016-09-30
    $0.02$0.05232016-06-30
    $0.02$-0.00172016-03-31
    $-0.01$0.03782015-12-31
    $0$-0.05772015-09-30
    $0.09$-0.03092015-06-30
    $0.17$0.05842015-03-31
    $0.42$0.24872014-12-31
    $-0.01$-0.08272014-09-30
    $-0.13$-0.09962014-06-30
    $0$-0.04982014-03-31
    $0.44$0.69812013-12-31
    $-0.01$-0.00742013-09-30
    $0.01$0.00532013-06-30
    $0.21$0.11852013-03-31
    $0.53$0.13522012-12-31
    $-0.1$-0.21632012-09-30
    $-0.05$-0.14592012-06-30
    $0.04$0.02652012-03-31
    $0.34$0.35922011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).