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Centerra Gold IncCG.TOCOMMENTOct 16, 2018Stock price when the opinion was issued
As of Jun 15, 2026. Market Open.
Interesting projects -- one in Canada, and one in Turkiye. Ranks fairly well in his process. The challenge is that there are so many gold companies right now that rank really well, many of them rank just a bit higher than this name.
Looks as though the move in gold can continue. That said, gold is very overbought on a short-term basis. When that happens, it's not unusual to see some pullback and consolidation.
They have a large, high-grade deposit but their geopolitical risk is very high. In recent years, they've been buying Canadian assets, till they now have a 55% NAV in Canada. Potential turnaround, but watch their balance sheet and generate free cash flow from their Canadian assets.