Skip to main content
CGAUCenterra Gold Inc.Buy Wait6.9·$21.18
Buy WaitModerate Confidence
Investment thesis

Centerra Gold combines exceptional earnings execution — four straight beats averaging 22.7% upside surprise — with 62% revenue growth and strong underlying business quality, but the stock has already exceeded its price target and free cash flow is not converting from reported earnings, leaving the risk/reward unfavorable at current levels.

Thesis pillars

  • Strong Revenue Earnings Growth→Stable
  • Target Reached Unfavorable Setup→Stable
  • Exceptional Earnings Beat Record→Stable
  • +2 more pillars — see the Why tab for full reasoning

Pillars as of Jul 3, 2026

Full reasoning →

Open full analysis

Centerra Gold Inc. (CGAU) Stock Analysis

Range Bound setup · Sector Rotation edge

Buy WaitVALUE-TRAP 1/5GrowthQualityModerate Confidence

Basic Materials · Gold

Earnings today — results expected after close (2026-10-29). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Wait for pullback to $20.20. Price sits above the model's entry target of $20.20; the risk/reward becomes favorable on a pullback. Key risks: Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1.

Centerra Gold Inc. engages in the operation, development, exploration, and acquisition of gold and copper properties in North America, Turkey, and internationally. The company also owns and operates a molybdenum business unit, which includes a metallurgical processing facility... Read more

$21.18-35.8% A.UpsideScore 6.9/10#12 of 44 Gold
QualityF-score8 / 9FCF yield0.08%
IncomeYield0.95%(5y avg 2.30%)Payout6.45%sustainable
Entry $20.20(support + ATR (held))Stop $19.15Analyst target $13.60(reached)A.R:R -4.2:1
Analyst consensus$16.00-24.5%1 analysts
Range unavailable (1 analysts)

Wait for pullback to $20.20. Price sits above the model's entry target of $20.20; the risk/reward becomes favorable on a pullback. Key risks: Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1. Chart setup: RSI 45 mid-range, Bollinger mid-band. Earnings today. Wait until post-earnings. Score 6.9/10, moderate confidence.

Passes 6/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 0d<=7d. Suitability: aggressive.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Oct 29, 2026Earnings today — results expected after close· next earnings call

Thesis

Rewards
V7 quality resilience bonus: +0.2 (Q=7.8 in RISK_OFF)
High-quality business
Attractive valuation
Risks
Analyst target reached - limited upside remaining
Sector modifier (Basic Materials): -0.1

Key Metrics

P/E (TTM)6.7
P/E (Fwd)10.4
Mkt Cap$4.2B
EV/EBITDA4.3
Profit Mgn36.9%
ROE32.9%
Rev Growth53.5%
Beta1.60
Dividend0.95%
Rating analysts18

Quality Signals

Piotroski F8/9MoatWideCompounder✓

Options Flow

P/C0.55bullish
IV65%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy

Show full disclosure ▾

About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.

No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security.

No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 ceiling hit

GatesA.R:R -4.2=NEGATIVEEARNINGS PROXIMITY 0d<=7dMomentum 4.9<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.9>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
45 · Neutral
↓ 20D MA↓ 50D MA↑ 200D MAGOLDEN CROSSSupport $19.74Resistance $22.75

Price Targets

A.Upside-35.8%
A.R:R-4.2:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! Target reached (-35.8% upside)
! Earnings today - binary event risk
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-10-29 (Earnings today — results expected after close)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CGAU stock a buy right now?

Wait for pullback to $20.20. Price sits above the model's entry target of $20.20; the risk/reward becomes favorable on a pullback. Key risks: Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1. Chart setup: RSI 45 mid-range, Bollinger mid-band. Earnings today. Wait until post-earnings. Analyst target $13.60 reached (−35.8%), stop $19.15 (−10.6%), A.R:R -4.2:1. Score 6.9/10, moderate confidence.

What is the CGAU stock price target?

Analyst target $13.60 reached (−35.8% from $21.18); no take-profit level is published. Analyst target $13.60 reached (−35.8%), stop $19.15 (−10.6%), A.R:R -4.2:1. Stop-loss: $19.15.

What are the risks of investing in CGAU?

Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1.

Is CGAU overvalued or undervalued?

Centerra Gold Inc. trades at a P/E of 6.7 (forward 10.4). TrendMatrix value score: 9.4/10. Verdict: Buy (Wait for Entry).

What do analysts say about CGAU?

18 analysts cover CGAU with a consensus score of 3.8/5. Average price target: $16.

What does Centerra Gold Inc. do?Centerra Gold Inc. engages in the operation, development, exploration, and acquisition of gold and copper properties in...

Centerra Gold Inc. engages in the operation, development, exploration, and acquisition of gold and copper properties in North America, Turkey, and internationally. The company also owns and operates a molybdenum business unit, which includes a metallurgical processing facility and two primary molybdenum properties. Its principal assets include the Mount Milligan gold-copper mine located in British Columbia, Canada; the Öksüt gold mine located in Türkiye; the Kemess project in British Columbia, Canada; the Goldfield District project in Nevada, United States; the Thompson Creek Mine in Idaho; 70% interests in the Corvet and Kaanaayaa Properties; and 75% owned the Endako Mine in British Columbia, Canada. The company was incorporated in 2002 and is headquartered in Toronto, Canada.

Related stocks: GFI (Gold Fields Limited) · OGC (OceanaGold Corporation) · KGC (Kinross Gold Corporation) · IAG (Iamgold Corporation) · FSM (Fortuna Mining Corp.)
Home › Stocks › CGAU

Latest news

Latest News

Scanx.trade29d agoEarnings
Kalkine Media29d agoEarnings
The Manila Times29d agoEarnings
Seeking Alpha92d ago
The Globe and Mail92d ago
Kalkine Media92d ago
GuruFocus92d agoEarnings
Kalkine Media92d ago
TradingKey92d ago
TradingKey92d ago
Marketscreener.com183d agoEarnings
GlobeNewswire183d ago
Investing.com South Africa64d ago
GuruFocus36d ago
GuruFocus190d ago
GuruFocus190d agoAnalyst
MSN190d ago
Newsline.com134d ago
Moomoo43d agoAnalyst