Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Centerra Gold Inc.

CGAUNYSE
Wall Street Score · overall investment55/100
$21.02USD+$0.68 (+3.34%)
Company website www.centerragold.com
Headquarters1 University Avenue, Toronto, ON, M5J 2P1, CA
Financial statement currencyUSD · no FX conversion applied
Basic Materials · Gold
Price updated todayFinancials updated Oct 1, 2026

CGAU · Price history

Price at last available close

$21.02

−$0.74 (-3.40%) 1M

2026-10-27

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Company & revenue

About Centerra Gold Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Centerra Gold Inc. is an enterprise engaged in gold mining, with activities encompassing the acquisition, exploration, development, and operation of gold, copper, and molybdenum deposits. Its geographical reach spans North America, Turkey, and other international regions. Prominent among its ventures are the Mount Milligan gold-copper mine, wholly owned and located in British Columbia, Canada, and the Öksüt Gold Mine in Turkey.

How they make money

Centerra Gold generates revenue primarily through the extraction, processing, and sale of gold and copper. The company operates mining assets in North America and Türkiye, selling its production to global markets, and manages the associated operational, geological, and geopolitical risks inherent in large-scale mineral extraction.

Products & services

Gold doré bars, copper concentrates, and molybdenum products.

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Customer concentration

The company sells its gold and copper products to a limited number of global metal traders and refineries, which creates a dependency on these specific counterparties for liquidity and payment.

Suppliers, materials & equipment

  • Mining equipment and consumable suppliers — Various third-party vendors providing heavy machinery, fuel, electricity, and chemical reagents required for mining and processing operations.Source

Strengths

  • Diversified portfolio of operating assets in stable jurisdictionsSource
  • Strong balance sheet with significant liquiditySource

Risks

  • Geopolitical and regulatory risks in operating jurisdictionsSource
  • Fluctuations in gold and copper market pricesSource
  • Operational risks including equipment failure and labor disruptionsSource

Financial risk observations and what to check

These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.

Total debt increased 134.0% versus the same quarter last year.

Compare the added borrowing with available cash, cash generation and maturities. A percentage increase from a small starting balance can look large without measuring the full debt burden.

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

55

Fair

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

75

Strong

Financial Strength

66

Business Quality / Moat

66

Management

100

Growth Quality

87

Risk / Durability

55

Great Company · Attractive Price

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

74

Fair

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

66/100

Building Historical Record

Model Score 66/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.

At today’s price, the WSS valuation framework currently reads as relatively attractive.

The model outlook is currently moderate.

What we like
  • •Asset quality scores strongly
  • •Valuation scores attractively
  • •Recent buyback activity is present
What to watch

No material warning is currently being highlighted from the available summary data.

Company-specific research

Questions worth answering for CGAU

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can CGAU maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is CGAU's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •How is CGAU likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • •Is CGAU's valuation discount tied to a temporary concern or to a longer-term business risk?
  • •What does the current fundamental change risk warning mean for the reliability or interpretation of CGAU's score?
Business analysis: 15 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

55

0–100 · Fair

Opportunity Score

74

0–100 · Strong

Market Cap

$4.11B

P/E Ratio

6.9

EPS

$3.16

52-Week High

$24.52

52-Week Low

$10.46

Beta

1.56

Intrinsic Value

$121.66

Analyst Target

$19.00

Shares Outstanding

205.6M

Total Revenue

$1.70B

Total Debt

$45.8M

Dividend Yield (TTM)

0.96%

View dividend history

Liquidation Value / Share

$10.54

Estimated net asset value per share

Dividend / Share (TTM)

$0.20

Trailing 12 months by ex-date; not a forecast

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
42/ 100
-10 pts / 5d

Weakening momentum

5D -4.1% · 20D -4.5% · RSI 49 · Price vs 20D avg -2.4%
Volatility
34/ 100
+9 pts / 5d

Low movement

20D realized vol 42.2% · 60D 44.9% · Acceleration 0.94x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for CGAU

Detected from reported data — verify before acting.

Dividend history reported

Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on CGAU.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Diversified portfolio of operating assets in stable jurisdictions.
  • +Strong balance sheet with significant liquidity.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Gold industry.
  • −Geopolitical and regulatory risks in operating jurisdictions.
  • −Fluctuations in gold and copper market prices.
  • −Operational risks including equipment failure and labor disruptions.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Fair55/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Fair

55

Tap for breakdown →

Fair

53

Debt Cost4.9%
Debt Reduction YoY-47.2%
Debt / Equity0.01x

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Fair

62

Revenue YoY22.7%
Revenue CAGR12.5%
Net Margin37.6%

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Strong

73

Asset Growth YoY29.8%
Liquidation/Share$10.54
Net Assets/MCap0.72x

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Strong

77

Earnings Yield15.0%
Buyback Yield1.6%
Debt Cost4.9%

Tap for breakdown →

Elite

100

ROIC14.3%
ROE29.5%
ROA20.7%

Tap for breakdown →

Fair

66

EPS Growth196.6%
FCF/Share Growth-12.2%
Rev/Share Growth17.8%

Tap for breakdown →

Elite

100

Intrinsic Value$121.66
Value Reference$73.00
MOS83.3%

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Strong

71

Revenue62
Moat66
Valuation100

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Elite

100

MOS %83.3%
Value Reference$73.00
Deep Discount Reference$48.66

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Fair

63

Interest Coverage217.4x
ROIC14.3%
FCF Yield2.2%

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Strong

77

Financial63
Valuation100
Debt53

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Strong

83

Survival Years3.9 yrs
Current Ratio2.39x
FCF Margin6.8%

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Score Changes

5 historical score records available

Previous Score

79

Sep 14, 2026

Change

-23.7

points

Current Score

55

Oct 1, 2026

Category Changes

Revenue+0.1
Debt0
Assets+0.2
Capital0
Management0
Moat+0.2
Valuation0
Buffett+0.1

CGAU decreased 23.7 points because some fundamentals weakened.

Projected Score

Projected Score

54

Projected Change

-1.2 points

Preliminary comparable-period financial changes suggest decline of approximately 1.2 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Review model assumptions

This model estimate is more than three times the share price.

This is a formula-based estimate, not a verified fair value or price target. Check the earnings and growth assumptions.

Stored EPS: $3.16 · Growth assumption: 12.5% · Earnings multiplier: 33.4×.

Current Price

$21.02

Model Intrinsic Value

$121.66

Difference

−$100.64

-82.7% vs IV

Margin of Safety

82.7%

Value Reference: $73.00
Deep Discount Reference: $48.66

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$350M$700M$1.1B$1.4B

Additional Metrics

Operating Cash Flow

201520172019202120232025-$350M$0$350M$700M$1.1B

Total Debt

201520172019202120232025$0$150M$300M$450M$600M

Total Assets

201520172019202120232025$0$800M$1.6B$2.4B$3.2B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$1.70B$1.38B$1.21B$1.09B····························
Cost of Revenue$1.09B$920.8M$836.5M$830.9M····························
Gross Profit$611.1M$463.8M$378.0M$264.0M····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$86.7M$71.6M$48.6M$57.1M····························
Operating Expenses$168.4M$149.4M$141.8M$221.0M····························
EBITDA$1.02B$848.1M$305.8M$144.0M····························
Operating Income$442.6M$314.4M$236.3M$43.0M····························
Interest Expense$17.0M$1.4M$1.1M$657K····························
Income Before Tax$872.2M$731.0M$174.1M$13.6M····························
Income Tax Expense$232.7M$147.0M$93.7M$94.9M····························
Net Income$639.5M$584.0M$80.4M-$81.3M····························
Basic EPS$3.16$2.90$0.36$-0.38····························
Basic Shares198M205M213M217M····························
Diluted Shares202M206M216M218M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026

Revenue

$442.7M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$0.35

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+134.0%

Cash Change

-13.7%

Margin Change

-7.5 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Weakened

  • Margins contracted
  • Cash position declined
  • Debt increased

Potential Score Impact

Positive indicators included revenue growth, EPS growth. Pressure indicators included cash levels, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 53.5%. EPS increased 9.4%. Cash declined 13.7%. Total debt increased 134.0%. Net income margin declined by 7.5 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

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Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

5 historical records
Jul 23, 26Aug 12, 26Sep 2, 26Sep 14, 26Oct 1, 260255075100

Historical Score Chart

3 of 5 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 2 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Debt Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Revenue Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Asset Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Capital Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Management Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Moat Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Valuation Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Buffett Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Intrinsic Value

Sep 2, 26Sep 14, 26Oct 1, 26$119.00$120.00$121.00$122.00$123.00

Value Reference

Sep 2, 26Sep 14, 26Oct 1, 26$70.00$71.00$72.00$73.00$74.00

Margin of Safety %

Sep 2, 26Sep 14, 26Oct 1, 260.8%0.8%0.8%0.8%0.8%

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News

Rumor Mill · CGAU

Corporate developments & opportunities

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No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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