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Why Centerra Gold Inc stock is rising today

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:CG.TO

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Centerra Gold Inc (CG.TO) is seeing a rise in its stock price, which reflects investor optimism and a belief that it may be undervalued.

In the latest trading session, Centerra Gold Inc (TSX: CG) saw a solid increase of 4.09%, closing at CA$24.67. This uptick comes against a backdrop of strong past performance and market speculation about its valuation.

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Centerra Gold Inc

CG.TO

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CG.TO

Centerra Gold Inc

Source:WealthAwesomeWealthAwesome
$9.56 (44.06%)
120 day period
$20.51$27.08$33.65Mar 20Jun 16Sep 10

Market cap

$6.21B

P/E

7.2x

Div. yield

0.62%

Div. / share

$0.20

52W high

$33.94

52W low

$12.21

1W change

-1.64%

Beta

1.63

Analyst Price Targets

Based on analyst covering CG

📉

Wall Street analysts forecast CG stock price to fall 1.0% over the next 12 months.

Consensus

Neutral

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$30.95

-1.0% Upside

Current Price

C$31.26

Last close

Compare analyst targets across the TSX & TSXV →

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CG's historical volatility

HistoricalForecast68%95%
C$18.70C$29.88C$41.07C$52.26C$63.45C$74.64TodayMay 4Jul 8Sep 10Oct 23Dec 6Jan 18

30-Day Vol

55.4%

Annualized

90-Day Vol

54.4%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$37.37

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$33.18C$27.40C$40.17
60 trading daysC$35.21C$26.87C$46.14
90 trading daysC$37.37C$26.84C$52.04

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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Investor takeaway: With a market cap of CA$4.47 billion and a P/E ratio of just 5.46, Centerra Gold's recent stock movement raises questions about its valuation and future growth potential.

4.09% Increase in Stock Price

Centerra Gold's stock has gained 5.8% over the past week, showing a positive trend despite a recent 30-day decline of 12.7%.

Bull case

Investors are feeling positive about Centerra Gold's strong historical returns and believe the stock is undervalued. Analysts suggest a fair value closer to CA$32.42. Ongoing projects like the Mount Milligan life extension and the Goldfield Project are expected to drive future growth.

Bear case

Despite the recent gains, there are concerns about geological uncertainties at Mount Milligan and rising costs at Öksüt, which could affect profit margins in the future.

Recent Performance and Market Sentiment

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Centerra Gold's stock has shown resilience, gaining 4.09% in the last session. This increase is part of a broader trend, with a 5.8% rise over the past week, reflecting renewed investor interest. The company’s strong historical returns, including a 132.3% total shareholder return over the past year, have positioned it favorably in the eyes of investors.

Valuation Insights

Analysts are currently evaluating Centerra Gold's valuation, with many suggesting that the stock is undervalued at its current price of CA$24.67. The fair value is estimated at CA$32.42, indicating potential upside. Investors are encouraged to look into the company’s growth projects, such as the Goldfield Project, which aims for first production by 2028, as these could significantly boost future revenues.

Challenges Ahead

While the current stock performance is promising, investors should stay cautious about potential challenges. Geological uncertainties at Mount Milligan and rising costs at Öksüt could impact profit margins. It’s important for investors to weigh these risks against the potential for long-term growth.


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Wealth Awesome
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Wealth Awesome

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: June 16, 2026
Last Updated: June 16, 2026
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