
CGAU Stock Forecast & Price Target
CGAU Analyst Ratings
Bulls say
Centerra Gold Inc. is well-positioned for growth due to the recognition of the Mount Milligan project (MM) as a priority by the province of British Columbia, which is expected to facilitate necessary permits for mine modifications. The updated mine plan at MM extends its lifespan by an additional decade while substantially increasing gold and copper reserves, thereby strengthening its contribution to the company's overall portfolio value. This enhanced resource visibility and production potential at MM is integral to Centerra's long-term growth strategy and positive financial outlook.
Bears say
Centerra Gold Inc. has experienced a significant decline in its net asset valuation (NAV5%), which decreased approximately 31% to $10.90 per share. This substantial decrease in NAV is indicative of heightened financial instability and diminishing investor confidence in the company's future performance. Additionally, the reduction in the one-year target from $12.00 to $9.50 further underscores the pessimistic outlook regarding the company's financial health and growth potential.
This aggregate rating is based on analysts' research of Centerra Gold Inc. and is not a guaranteed prediction by Public.com or investment advice.
CGAU Analyst Forecast & Price Prediction
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