Centerra Gold Inc. (NYSE: CGAU) – Time For Strategy Change?

Centerra Gold Inc. (NYSE:CGAU) currently has a daily average trading volume of 622.13K but it saw 663546 shares traded in last market. With a market cap of 1.39B USD, the company’s current market price of $6.55 came rising about 4.30 while comparing to the previous closing price of $6.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.51 and as low as $4.47. In the recent trading on the day, stock has struck highest price mark of $6.27 while lowest mark touched by it was $6.59.

Taking a look at 20-day trading activity of Centerra Gold Inc. (CGAU) gives us an average price of $6.64, while its current price level is -12.78% below from 52-week high level whereas it is 46.70% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.76 while that of 200 days or SMA-200 reads an average of $6.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.41% during that period while stretching the period over a month that decreases to 3.91%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.98 which implies that the stock is in neutral territory.

Year-to-date it is 9.90% up and over the past year, the stock is showing an upside performance of 9.17%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.2 beat the consensus estimate of 0.16 for the same. In next quarter, company is expected to be making quarterly sales of $323.94M as analysts are expecting the sales for current fiscal year at $1.21B and seeing the company making $1.04B in sales next year. Moreover, analysts are in estimates of $347M for current-quarter revenue.

Currently, Centerra Gold Inc.’s total number of outstanding shares is 215.50M with 0.20% of that held by the insiders while 86.66% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.77% and return on equity (ROE) at 7.98%. It has a price to earnings ratio (P/E ratio) of 10.73 while having a 10.66 of forward P/E ratio. Stock’s beta reads 1.29. Stock has a price to book (P/B) ratio of 0.81 while price to sale or P/S ratio amounts to 1.10. Its return on asset (ROA) is 6.13% on average.