Centerra Gold Inc. saw its stock price rise by 12.59% as it reached a 52-week high amid a broader market decline, with the Nasdaq-100 down 1.49% and the S&P 500 down 1.41%.
The significant price increase is attributed to the updated mineral resource at the Kemess project, which reveals 3.3 million ounces of gold and 1.1 billion pounds of copper, enhancing the project's long-term production potential. Additionally, the preliminary economic assessment indicates a robust after-tax net present value (NPV5%) of $1.1 billion and an internal rate of return (IRR) of 16%, reflecting strong economic leverage as metal prices rise.
This positive development not only supports Centerra's organic growth but also positions the company favorably in a volatile market, highlighting its potential for future profitability as it optimizes project execution and reduces risks.
Wall Street analysts forecast CGAU stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CGAU is 13.57 USD with a low forecast of 9.10 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast CGAU stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CGAU is 13.57 USD with a low forecast of 9.10 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
2 Hold
1 Sell
Moderate Buy
Current: 19.520
Low
9.10
Averages
13.57
High
18.00
Current: 19.520
Low
9.10
Averages
13.57
High
18.00
Scotiabank
Outperform
maintain
$19
2026-01-26
New
Reason
Scotiabank
Price Target
$19
AI Analysis
2026-01-26
New
maintain
Outperform
Reason
Scotiabank raised the firm's price target on Centerra Gold to $19 from $13.50 and keeps an Outperform rating on the shares. The firm is updating its price targets for Gold & Precious Minerals stocks under its coverage, the analyst tells investors. The firm has increased both gold and silver forecasts, supported by economic and geopolitical uncertainty as well as strong central bank buying.
Canaccord
Buy
maintain
$31 -> $36
2026-01-23
Reason
Canaccord
Price Target
$31 -> $36
2026-01-23
maintain
Buy
Reason
Canaccord raised the firm's price target on Centerra Gold to C$36 from C$31 and keeps a Buy rating on the shares.
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BofA
Underperform
downgrade
2025-11-24
Reason
BofA
Price Target
2025-11-24
downgrade
Underperform
Reason
BofA lowered the firm's price target on Centerra Gold to $7.90 from $9.10 and keeps an Underperform rating on the shares. The firm is refreshing its price forecasts for North American Metals & Mining stocks under its coverage, the analyst tells investors. The firm sees the macro backdrop as challenging due to China's slowing commodity demand but notes this may be offset by a rebound in demand in U.S. and Europe.
BofA
Underperform
maintain
2025-11-24
Reason
BofA
Price Target
2025-11-24
maintain
Underperform
Reason
BofA raised the firm's price target on Centerra Gold to $9.10 from $7.90 and keeps an Underperform rating on the shares. The firm is refreshing its price forecasts for North American Metals & Mining stocks under its coverage, the analyst tells investors. The firm sees the macro backdrop as challenging due to China's slowing commodity demand but notes this may be offset by a rebound in demand in U.S. and Europe.
About CGAU
Centerra Gold Inc. is a Canada-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Oksut Mine in Turkiye. The Company also owns the Kemess Project in British Columbia, Canada, the Goldfield Project in Nevada, United States, and owns and operates the Molybdenum Business Unit in the United States and Canada. The Mount Milligan Mine is an open pit mine located in north central British Columbia, Canada producing a gold and copper concentrate. The Oksut Mine is located approximately 300 kilometers southeast of Ankara in Turkiye and 48 kilometers south of Kayseri, the provincial capital. The Molybdenum BU includes the Langeloth Facility in Pennsylvania and two North American molybdenum mines: the Thompson Creek Mine in Idaho and the 75%-owned Endako Mine in British Columbia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
