Alert: Rating Downgrade (12/15/23)-Centerra Gold Inc (NYSE: CGAU).


Stock Rating Downgrade

During the last several trading days the Value Trend Rating for Centerra Gold Inc (NYSE: CGAU) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.


Recent Price Action

Centerra Gold Inc (NYSE: CGAU) stock enjoyed a large increase of 3.1% on 12/15/23. The stock closed at $6.03. Moreover, this advance was accompanied by exceptionally high trading volume at 322% of normal. The stock has been weak relative to the market over the last nine months but has risen 5.8% during the last week.

Current PriceTarget Research Rating

CGAU is expected to continue 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 D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Centerra Gold has a slightly positive Appreciation Score of 70 but a poor Power Rating of 17, triggering the Negative Value Trend Rating.

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