Centerra Gold and Azimut have signed an option agreement for the Corvet and Kaanaayaa properties, according to a company-news headline dated October 13, 2026.
The headline confirms the agreement but gives no financial terms, conditions, property locations or exploration plans. Its potential value to Centerra Gold is therefore unclear.
Investor takeaway: The agreement is a new development, but the available information doesn’t show what it could contribute to Centerra Gold.
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Centerra Gold Inc
CG.TO
CG.TO
Centerra Gold Inc
WealthAwesomeMarket cap
$6.10B
P/E
7.2x
Div. yield
0.64%
Div. / share
$0.20
52W high
$33.94
52W low
$14.47
1W change
-2.89%
Beta
1.60
Analyst Price Targets
Based on analyst covering CG · as of Oct 19, 2026
Wall Street analysts forecast CG stock price to fall 8.5% over the next 12 months.
Consensus
Moderately BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$33.28
-8.5% Upside
Previously C$33.00 on Oct 16, 2026
Current Price
C$36.38
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CG's historical volatility
30-Day Vol
37.3%
Annualized
90-Day Vol
49.3%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$37.30
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$33.11 | C$29.12 – C$37.66 |
| 60 trading days | C$35.14 | C$29.30 – C$42.15 |
| 90 trading days | C$37.30 | C$29.86 – C$46.60 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Centerra Gold closed at C$31.20
Centerra Gold’s latest closing price was C$31.20. The headline includes no deal value or other figures to assess the properties’ potential contribution.
Bull case
The agreement adds a new property development to Centerra Gold’s news flow. More details could help investors assess its potential.
Bear case
The available information includes no financial terms, option milestones or exploration results, so the agreement’s value and timeline remain uncertain.
What happened: an option agreement for two properties
Centerra Gold and Azimut signed an option agreement covering the Corvet and Kaanaayaa properties, according to the October 13, 2026, company-news headline. The available information confirms the agreement but doesn’t explain what either party must do to exercise or fulfill it.
There are no details on purchase price, option payments, ownership terms, deadlines, property locations or exploration results. You can find company information on the Centerra Gold stock page, but the headline alone doesn’t establish the properties’ size, resource potential or expected contribution to the company.
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What the numbers show: market data, not deal terms
Centerra Gold’s latest close was C$31.20. Trading volume was 500,989 shares, compared with a 20-day average of 579,204, or 0.87 times that average. The shares gained 0.03% in one day and fell 2.89% over one week. These figures don’t show that the agreement caused either move.
The share price was at 86% of its 52-week range of C$14.47 to C$33.94. These are broader market figures, not measures of the agreement’s value. The headline provides no deal-specific amount or valuation. More company details are available on the CG.TO page.
What to watch next: terms and property details
Investors will need details on the agreement’s structure, including any payments, conditions, timelines and requirements for earning an interest in the properties. Information about the properties’ locations, exploration history and planned work would also help clarify what the agreement could mean for Centerra Gold.
The news item doesn’t include those details, so its potential financial impact and timing can’t yet be assessed.
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