CGAU Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Centerra Gold Inc. (CGAU) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company's strong financial performance, positive analyst sentiment, and favorable options data outweigh the recent price drop, making this a solid entry point.
The stock's MACD is negative and expanding downward, indicating bearish momentum. However, the RSI is neutral, and the moving averages are bullish (SMA_5 > SMA_20 > SMA_200). Key support is at 16.708, and resistance is at 19.355. The stock is trading near its support level, suggesting a potential rebound opportunity.
Strong financial performance in Q3 2025, with revenue up 21.99% YoY and net income up 914.82% YoY. EPS increased by 1000% YoY.
Positive analyst sentiment with multiple price target increases and outperform ratings.
Bullish moving averages and proximity to key support levels.
Favorable options sentiment with low put-call ratios.
Recent price drop of -10.18% in the regular market session, which may indicate short-term bearish sentiment.
Lack of recent news or event-driven catalysts to support immediate upward momentum.
In Q3 2025, Centerra Gold reported a revenue increase of 21.99% YoY to $395.16M, net income surged 914.82% YoY to $292.19M, and EPS rose 1000% YoY to 1.43. Gross margin improved to 34.53%, up 4.16% YoY, showcasing strong operational performance.
Analysts are bullish on Centerra Gold, with recent price target increases from CIBC (C$37), Scotiabank ($19), and Canaccord (C$36), all maintaining outperform or buy ratings. Analysts cite increased gold price forecasts and geopolitical uncertainty as key drivers. However, BofA maintains an underperform rating with a lower price target of $9.10, citing challenges in China's commodity demand.
