CENTERRA GOLD INC. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.14
Dividend & Yield0.28C$ (4.36%)
Beta 0.85
Market capitalization 1.42B
Operating cash flow 148.99M
ESG Scores unknown

Company description

Centerra Gold Inc., a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects include the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt Gold Mine located in Turkey. The company was incorporated in 2002 and is headquartered in Toronto, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -15.81M 38.12M 12.78M 15.06M
Total Cashflows From Investing Activities -351.45M -309.65M -303.38M 36.43M
Net Borrowings -106M -132.14M -83.51M -6.48M
Total Cash From Financing Activities -130.23M -133.49M -123.99M -49.14M
Change To Operating Activities -28.58M 1.31M -25.95M 90k
Issuance Of Stock 1M 7.95M 7.79M 5.04M
Net Income 107.53M -93.51M 408.54M -381.77M
Change In Cash -264.19M -108.99M 502.46M 402.05M
Effect Of Exchange Rate
Total Cash From Operating Activities 217.49M 334.15M 930.01M 414.76M
Depreciation 204.25M 295.11M 104.3M 93.77M
Change To Account Receivables 5.88M -35.84M 46.44M -6.52M
Other Cashflows From Financing Activities -25.23M -9.29M -8.52M -2.65M
Change To Netincome 19.36M 196.11M 394.59M 715.53M
Capital Expenditures -285.87M -299.44M -103.56M -92.5M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 98.82M -100.58M 23.85M 402.93M
Net Income 107.53M -93.51M 408.54M -381.77M
Selling General Administrative 29.64M 45.27M 45.67M 27.13M
Gross Profit 521.77M 670.17M 282.18M 383.74M
Ebit 110.53M 113.31M 34.27M 206.51M
Operating Income 110.53M 113.31M 34.27M 206.51M
Interest Expense -22.27M -7.69M -4.53M -770k
Income Tax Expense -14.65M -7.07M 7.71M -44.02M
Total Revenue 1.13B 1.38B 721.26M 900.14M
Cost Of Revenue 607.57M 705.16M 439.08M 516.4M
Total Other Income ExpenseNet -11.71M -213.89M -10.42M 196.42M
Net Income From Continuing Ops 113.47M -93.51M 16.14M 446.95M
Net Income Applicable To Common Shares 107.53M -93.51M 408.54M -381.77M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 678.68M 635.81M 669.99M 632.95M
Total Stockholder Equity 2.15B 2.07B 2.47B 2.04B
Other Current Liabilities 54.24M 9.42M 15.48M 47.27M
Total Assets 2.83B 2.7B 3.14B 2.68B
Common Stock 949.33M 960.4M 975.12M 984.1M
Other Current Assets 5.56M 14.81M 160.57M 12.93M
Retained Earnings 1.17B 1.08B 1.45B 1.02B
Treasury Stock -2.09M -752k 11.6M 6.83M
Cash 151.71M 42.72M 545.18M 947.23M
Total Current Liabilities 234.78M 244.81M 257.83M 227.35M
Other Stockholder Equity -2.09M -752k 11.6M 6.83M
Property, Plant, and Equipment 1.91B 1.67B 1.69B 1.27B
Total Current Assets 814.52M 932.67M 1.37B 1.27B
Net Tangible Assets 2.13B 2.07B 2.47B 2.04B
Net Receivables 59.56M 79.02M 66.11M 76.84M
Accounts Payable 164.86M 204.37M 162.41M 131.23M


Insider Transactions

Here are the insider transactions of stock shares related to CENTERRA GOLD INC.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
D'Orazio, ClaudiaAcquisition or disposition under a purchase/ownership plan at price 4.16 per share.D2022-10-07Senior Officer of Issuer2.35k
Kwong, DennisAcquisition or disposition under a purchase/ownership plan at price 4.16 per share.D2022-10-07Senior Officer of Issuer2.57k
Millman (Darren)Acquisition or disposition under a purchase/ownership plan at price 4.16 per share.D2022-10-07Senior Officer of Issuer2.82k
Rehman (Yousef)Acquisition or disposition under a purchase/ownership plan at price 4.16 per share.D2022-10-07Senior Officer of Issuer2.44k
Perron, JacquesExercise of rights at price 4.01 per share.D2022-09-30Director of Issuer2.6k
D'Orazio, ClaudiaD2022-09-08Senior Officer of Issuer103
Kwong, DennisD2022-09-08Senior Officer of Issuer331
Millman (Darren)D2022-09-08Senior Officer of Issuer230
Rehman (Yousef)D2022-09-08Senior Officer of Issuer302
Pressler (Sheryl)Exercise of rights at price 5.29 per share.D2022-08-14Director of Issuer633
D'Orazio, ClaudiaAcquisition or disposition under a purchase/ownership plan at price 6.99 per share.D2022-07-18Senior Officer of Issuer1.48k
Kwong, DennisAcquisition or disposition under a purchase/ownership plan at price 6.99 per share.D2022-07-18Senior Officer of Issuer1.62k
Millman (Darren)Acquisition or disposition under a purchase/ownership plan at price 6.99 per share.D2022-07-18Senior Officer of Issuer1.77k
Rehman (Yousef)Acquisition or disposition under a purchase/ownership plan at price 6.99 per share.D2022-07-18Senior Officer of Issuer1.53k
Perron, JacquesExercise of rights at price 7.08 per share.D2022-06-30Director of Issuer1.58k
D'Orazio, ClaudiaD2022-06-01Senior Officer of Issuer51
Kwong, DennisD2022-06-01Senior Officer of Issuer187
Millman (Darren)D2022-06-01Senior Officer of Issuer125
Perry (Scott Graeme)D2022-06-01Senior Officer of Issuer17
Rehman (Yousef)D2022-06-01Senior Officer of Issuer170
Pressler (Sheryl)Exercise of rights at price 8.08 per share.D2022-05-23Director of Issuer472
D'Orazio, ClaudiaAcquisition or disposition under a purchase/ownership plan at price 9.68 per share.D2022-04-11Senior Officer of Issuer1.1k
Kwong, DennisAcquisition or disposition under a purchase/ownership plan at price 9.68 per share.D2022-04-11Senior Officer of Issuer1.2k
Millman (Darren)Acquisition or disposition under a purchase/ownership plan at price 9.68 per share.D2022-04-11Senior Officer of Issuer1.32k
Rehman (Yousef)Acquisition or disposition under a purchase/ownership plan at price 9.68 per share.D2022-04-11Senior Officer of Issuer1.14k
Perron, JacquesExercise of rights at price 9.77 per share.D2022-03-31Director of Issuer1.18k
D'Orazio, ClaudiaD2022-03-25Senior Officer of Issuer35
Desjardins (Daniel Richard)D2022-03-25Senior Officer of Issuer141
Kwong, DennisD2022-03-25Senior Officer of Issuer144
Millman (Darren)D2022-03-25Senior Officer of Issuer94
Perry (Scott Graeme)D2022-03-25Senior Officer of Issuer15
Rehman (Yousef)D2022-03-25Senior Officer of Issuer130
Pressler (Sheryl)Exercise of rights at price 8.38 per share.D2022-02-14Director of Issuer595
D'Orazio, ClaudiaAcquisition or disposition under a purchase/ownership plan at price 7.80 per share.D2022-01-13Senior Officer of Issuer1.2k
Desjardins (Daniel Richard)Acquisition or disposition under a purchase/ownership plan at price 7.80 per share.D2022-01-13Senior Officer of Issuer1.59k
Kwong, DennisAcquisition or disposition under a purchase/ownership plan at price 7.80 per share.D2022-01-13Senior Officer of Issuer1.5k
Millman (Darren)Acquisition or disposition under a purchase/ownership plan at price 7.80 per share.D2022-01-13Senior Officer of Issuer1.65k
Rehman (Yousef)Acquisition or disposition under a purchase/ownership plan at price 7.80 per share.D2022-01-13Senior Officer of Issuer1.42k
Perron, JacquesExercise of rights at price 7.67 per share.D2021-12-31Director of Issuer1.49k
D'Orazio, ClaudiaD2021-12-03Senior Officer of Issuer38
Desjardins (Daniel Richard)D2021-12-03Senior Officer of Issuer177
Kwong, DennisD2021-12-03Senior Officer of Issuer181
Millman (Darren)D2021-12-03Senior Officer of Issuer112
Pearson (John William)D2021-12-03Senior Officer of Issuer74
Perry (Scott Graeme)D2021-12-03Senior Officer of Issuer18
Rehman (Yousef)D2021-12-03Senior Officer of Issuer165
Pressler (Sheryl)Exercise of rights at price 8.46 per share.D2021-11-15Director of Issuer660

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to CENTERRA GOLD INC.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on CENTERRA GOLD INC.

Here is the result of two systematic investment strategies applied to CENTERRA GOLD INC.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on CENTERRA GOLD INC.

The following chart shows the equity curve of the two systematic investment strategies applied to CENTERRA GOLD INC.:

CENTERRA GOLD INC. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 4.5% on the backtest period.

Performance at glance

Performance

4.5 %

Latent gain

67.14 C$

Invested capital

1491.36 C$

Annualized return

1.09 %
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Momentum strategy results on CENTERRA GOLD INC.

This is the result of two momentum investment strategies applied to CENTERRA GOLD INC.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on CENTERRA GOLD INC.

The following chart shows all the entries opened by the momentum investment system on CENTERRA GOLD INC.:

CENTERRA GOLD INC. momentum entries
  • The first momentum investment strategy would give 33.87% of return on CENTERRA GOLD INC.. That represents 1698.06C$ of latent gain with 5013.88C$ of employed capital.
  • The second momentum investment strategy would give 17.1% of return on CENTERRA GOLD INC.. That represents 429.34C$ of latent gain with 2511.03C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

33.87 %

Latent gain

1698.06 C$

Invested capital

5013.88 C$

Annualized return

-2.09 %
Performance at glance (2Q Momentum)

Performance

17.1 %

Latent gain

429.34 C$

Invested capital

2511.03 C$

Annualized return

4.67 %

Momentum equity curve on CENTERRA GOLD INC.

The following chart shows the equity curve of the two momentum strategies applied to CENTERRA GOLD INC.:

CENTERRA GOLD INC. momentum equity

Note: the dividends potentially given by CENTERRA GOLD INC. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CENTERRA GOLD INC.

The following chart shows the employed capital evolution of the two momentum strategies on CENTERRA GOLD INC. since the beginning:

CENTERRA GOLD INC.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on CENTERRA GOLD INC.

Buy the dip entry openings on CENTERRA GOLD INC.

CENTERRA GOLD INC.

The performance achieved by the robo-advisor on CENTERRA GOLD INC. is -4.47%. That represents -89.48$ of latent gain with 2001.24C$ of employed capital. The following chart shows CENTERRA GOLD INC. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CENTERRA GOLD INC., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-4.47 %

Latent gain

-89.48 C$

Invested capital

2001.24 C$

Annualized return

-2.09 %

Equity curve of the strategy applied to CENTERRA GOLD INC.

The following chart shows the result of the investment strategy applied to CENTERRA GOLD INC.:

CENTERRA GOLD INC.

Note: the dividends potentially given by CENTERRA GOLD INC. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CENTERRA GOLD INC.

The following chart shows the employed capital evolution since the beginning of the investment strategy on CENTERRA GOLD INC.:

CENTERRA GOLD INC.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on CENTERRA GOLD INC.

In this section, I will compare the three previous investment strategies applied to CENTERRA GOLD INC..

Equity curve comparison on CENTERRA GOLD INC.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

CENTERRA GOLD INC. investment strategy comparison

Employed capital comparison on CENTERRA GOLD INC.

CENTERRA GOLD INC. investment comparison

Performance comparison on CENTERRA GOLD INC.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 4.5% 67.14C$ 1491.36C$ 1.09%
Momentum 1 quarter 33.87% 1698.06C$ 5013.88C$ 8.68%
Momentum 2 quarters 17.1% 429.34C$ 2511.03C$ 4.67%
Non-directional -4.47% -89.48C$ 2001.24C$ -2.09%
Annualized return comparison

Automatic investment

1.09 %

Momentum 1Q

4.67 %

Momentum 2Q

4.67 %

Non-directional

-2.09 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CENTERRA GOLD INC.:

Note: The algorithm computes the probability of correlation between CENTERRA GOLD INC. and the other stocks. There may be false positives or some missing correlated stocks. If the price of CENTERRA GOLD INC. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name CENTERRA GOLD INC.
Country Canada
City Toronto
Address 1 University Avenue
Phone
Website www.centerragold.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSE
Ticker CG.XTSE
Market

CENTERRA GOLD INC. ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown