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CGAUCenterra Gold Inc.Hold6.0·$21.41
HoldModerate 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↓Deteriorating
  • Target Reached Unfavorable Setup↓Deteriorating
  • Exceptional Earnings Beat Record↓Deteriorating
  • +2 more pillars — see the Why tab for full reasoning

Pillars as of Jul 3, 2026· older than 90 days

Full reasoning →

Open full analysis

Centerra Gold Inc. (CGAU) Stock Analysis

Range Bound setup · Sector Rotation edge

HoldVALUE-TRAP 1/5GrowthQualityModerate Confidence

Basic Materials · Gold

Hold if already holding. Not a fresh buy at $21.41, but acceptable to hold if already in. Reasons: 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

$21.41-36.5% A.UpsideScore 6.0/10#29 of 45 Gold
QualityF-score7 / 9FCF yield-0.66%
IncomeYield0.93%(5y avg 2.28%)Payout9.31%sustainable
Stop $19.91Analyst target $13.60(reached)A.R:R -3.6:1
Analyst consensus$16.00-25.3%1 analysts with price targets
Range unavailable (1 analysts with price targets)

Hold if already holding. Not a fresh buy at $21.41, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1. Chart setup: RSI 46 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Score 6.0/10, moderate confidence.

Passes 6/8 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity 105d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated Nov 2, 2026

Recent Developments — Centerra Gold Inc.

Latest item Nov 2, 2026 · Generated 2026-11-05T11:39:29Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Feb 18, 2027105d to earnings· next earnings call

Thesis

Rewards
V7 quality resilience bonus: +0.2 (Q=7.1 in RISK_OFF)
Strong earnings beat streak (4/4)
High-quality business
Risks
Analyst target reached - limited upside remaining
Sector modifier (Basic Materials): -0.1

Key Metrics

P/E (TTM)9.9
P/E (Fwd)10.6
Mkt Cap$4.1B
EV/EBITDA4.2
Profit Mgn23.7%
ROE20.8%
Rev Growth26.6%
Beta1.62
Dividend0.93%
Analysts with ratings18

Quality Signals

Piotroski F7/9MoatWideCompounder✓

Options Flow

P/C4.75bearish
IV50%elevated

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

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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.

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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 -3.6=NEGATIVEMomentum 4.7<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.7>=4.5Insider activity: OKNo SEC red flagsEARNINGS PROXIMITY 105d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
46 · Neutral
↑ 20D MA↓ 50D MA↑ 200D MAGOLDEN CROSSSupport $19.25Resistance $22.75

Price Targets

A.Upside-36.5%
A.R:R-3.6:1

Position Sizing

ConvictionNone
Suggested %0%
Max %0%
RegimeRisk-Off

Risk Alerts

! Target reached (-36.5% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2027-02-18 (105d)

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?

Hold if already holding. Not a fresh buy at $21.41, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1. Chart setup: RSI 46 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Analyst target $13.60 reached (−36.5%), stop $19.91 (−7.5%), A.R:R -3.6:1. Score 6.0/10, moderate confidence.

What is the CGAU stock price target?

Analyst target $13.60 reached (−36.5% from $21.41); no take-profit level is published. Analyst target $13.60 reached (−36.5%), stop $19.91 (−7.5%), A.R:R -3.6:1. Stop-loss: $19.91.

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 9.9 (forward 10.6). TrendMatrix value score: 9.1/10. Verdict: Hold.

What do analysts say about CGAU?

18 analysts rate CGAU, with a consensus score of 3.8/5. 1 analysts publish price targets averaging $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. The company was incorporated in 2002 and is headquartered in Toronto, Canada.

Related stocks: IAG (Iamgold Corporation) · FSM (Fortuna Mining Corp.) · OGC (OceanaGold Corporation) · GFI (Gold Fields Limited) · HMY (Harmony Gold Mining Company Lim)
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