Darren Millman - Centerra Gold Chief Financial Officer, Vice President

CG Stock  CAD 8.45  0.06  0.72%   

President

Mr. Darren J. Millman serves as Vice President and Chief Financial Officer of the Company. He joined Centerra in 2013 as Treasurer, and was promoted to Vice President, Finance and Treasurer in January 2015. Prior to joining Centerra, Darren was General Manager Finance and Company Secretary at Ivanhoe Australia, where he gained valuable experience with listing the company on the ASX and TSX and financing its activities. Prior to that Darren worked with KPMG in several countries, including Canada, with mining clients. Darren is a graduate of Victoria University, Australia and holds a Bachelor of Business degree. He is a Chartered Accountant with his designation from the Institute of Chartered Accounts of Australia. since 2016.
Tenure 8 years
Address 1 University Avenue, Toronto, ON, Canada, M5J 2P1
Phone416 204 1953
Webhttps://www.centerragold.com

Centerra Gold Management Efficiency

The company has return on total asset (ROA) of 0.0529 % which means that it generated a profit of $0.0529 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0602 %, meaning that it generated $0.0602 on every $100 dollars invested by stockholders. Centerra Gold's management efficiency ratios could be used to measure how well Centerra Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to -0.03. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Centerra Gold's Fixed Asset Turnover is very stable compared to the past year. As of the 29th of November 2024, Asset Turnover is likely to grow to 0.52, while Total Assets are likely to drop about 1.9 B.
Centerra Gold has accumulated 24.21 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Centerra Gold has a current ratio of 3.85, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Centerra Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Centerra Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Centerra Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Centerra to invest in growth at high rates of return. When we think about Centerra Gold's use of debt, we should always consider it together with cash and equity.

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Centerra Gold Inc., a gold mining and exploration company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Asia, and internationally. Centerra Gold Inc. was incorporated in 2002 and is headquartered in Toronto, Canada. CENTERRA GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 3650 people. Centerra Gold (CG) is traded on Toronto Exchange in Canada and employs 31 people. Centerra Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Centerra Gold Leadership Team

Elected by the shareholders, the Centerra Gold's board of directors comprises two types of representatives: Centerra Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Centerra. The board's role is to monitor Centerra Gold's management team and ensure that shareholders' interests are well served. Centerra Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Centerra Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Tomory, CEO President
Claudia Orazio, Vice President Chief Human Resource Officer
Mark Wilson, President Division
Helene Timpano, Executive Development
Richard Connor, Independent Director
CA Bbus, VP CFO
PEng Eng, Vice Communications
Yousef Rehman, Vice President, General Counsel, Secretary
Sheryl Pressler, Independent Director
Dushenaly Kasenov, Director
Askar Oskombaev, Director
Dennis Kwong, Vice President - Business Development and Exploration
Paul Wright, Independent Director
Darren Millman, Chief Financial Officer, Vice President
Claudia DOrazio, Executive Technology
Lars PGeo, Director Geology
Yousef JD, Executive Secretary
Scott Perry, President, Chief Executive Officer, Director
Stephen Lang, Independent Chairman of the Board
Toby Caron, Treasurer Relations
Malcolm Stallman, VP Exploration
Wendy Yu, Assistant Sec
Paul Chawrun, Executive COO
Bruce Walter, Independent Vice Chairman of the Board
Gordon Reid, Chief Operating Officer, Vice President
Susan Yurkovich, Independent Director
Maksat Kobonbaev, Independent Director
Paul BSc, Interim Pres
Jacques Perron, Director
Bbus CA, Executive CFO
Michael Parrett, Independent Chairman of the Board

Centerra Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Centerra Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Centerra Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Centerra Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Centerra Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Centerra Stock

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Moving against Centerra Stock

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The ability to find closely correlated positions to Centerra Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centerra Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Centerra Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Centerra Gold to buy it.
The correlation of Centerra Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Centerra Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centerra Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Centerra Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Centerra Gold is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Centerra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Centerra Gold Stock. Highlighted below are key reports to facilitate an investment decision about Centerra Gold Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centerra Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Centerra Stock, please use our How to Invest in Centerra Gold guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Please note, there is a significant difference between Centerra Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centerra Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centerra Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.