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Centerra Gold Inc. (CG:CA) Discusses Self-Funded Organic Growth Strategy and Portfolio Overview Transcript
Centerra Gold NYSE: CGAU outlined a self-funded growth strategy centered on its operating mines, development projects and U.S. molybdenum business during the Midwest IDEAS Conference, with management emphasizing its cash position, planned capital spending sequence and potential mine-life extensions.
Centerra Gold remains a Strong Buy in my view, with my price target increasing from $24.30 to $28 per share. Öksüt, Mount Milligan, and Thompson Creek are driving the next leg of the thesis. Öksüt's 2026 production guidance increased to 120K to 135K ounces without a higher AISC range. My SOTP points to $28 per share, with Mount Milligan valued at about $2.14 billion, Öksüt at $1.05 billion, and Thompson Creek at $850 million, while Goldfield and Kemess remain heavily discounted in my model.
Centerra Gold Inc. (NYSE: CGAU - Get Free Report)'s stock price reached a new 52-week high on Tuesday. The company traded as high as $24.32 and last traded at $23.4850, with a volume of 2487563 shares traded. The stock had previously closed at $23.75. Analyst Ratings Changes A number of research analysts have issued reports
TORONTO, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announces that it has acquired 4,038,647 common shares (“Shares”) of Azimut Exploration Inc. (“Azimut”) pursuant to a non-brokered private placement, at a price of C$0.60 per Share for total consideration of C$2,423,188.20 (the “Transaction”).
Franco-Nevada, Centerra, Novagold, Northern Dynasty and Dakota have been highlighted in this Industry Outlook article.
Recent dip in gold prices and cost pressures weigh on the Zacks Mining - Gold industry. We suggest adding stocks like FNV, CGAU, NG, NAK and DC, which are poised for growth.
Bank of America Corp DE lowered its holdings in Centerra Gold Inc. (NYSE: CGAU) by 45.2% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,363,667 shares of the company's stock after selling 1,122,550 shares during the quarter. Bank of