Centerra Gold Announces Q2 2024 Results Briefing - TipRanks
| CG Stock | CAD 8.49 0.31 3.79% |
About 55% of Centerra Gold's investors are presently thinking to get in. The current sentiment regarding investing in Centerra Gold stock implies that some traders are interested. Centerra Gold's investing sentiment overview a quick insight into current market opportunities from investing in Centerra Gold. Many technical investors use Centerra Gold stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Centerra |
Centerra Gold Announces Q2 2024 Results Briefing TipRanks
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Centerra Gold Fundamental Analysis
We analyze Centerra Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Centerra Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Centerra Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
Centerra Gold is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Centerra Gold Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Centerra Gold stock to make a market-neutral strategy. Peer analysis of Centerra Gold could also be used in its relative valuation, which is a method of valuing Centerra Gold by comparing valuation metrics with similar companies.
Peers
Centerra Gold Related Equities
| IMG | IAMGold | 7.94 | ||||
| ELD | Eldorado Gold | 5.85 | ||||
| AGI | Alamos Gold | 4.56 | ||||
| DPM | Dundee Precious | 3.53 | ||||
| NG | NovaGold Resources | 3.33 |
Check out Centerra Gold Hype Analysis, Centerra Gold Correlation and Centerra Gold Performance. To learn how to invest in Centerra Stock, please use our How to Invest in Centerra Gold guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.