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What this page is: Delvantic's full research page for Centerra Gold Inc. (CGAU) — AI-driven forensic equity research: mechanical valuation models (DCF, EPV, anchored-PE, scenario) plus three independent AI lenses (Quality / Value / Sentiment). Everything below is rendered server-side; you are not missing content that requires JavaScript. All scores are predictions and research opinions, not financial advice.

Page map (sections in order; each card carries a stable reference-name attribute you can cite):

  • profile-header / price-overview — company profile, live quote, market cap
  • extended-analysis — the core: three AI lens reads with findings, scores, and the analyst memo
  • future-predictions — our forward price-band predictions
  • market-narrative / ai-findings / gpt-critique — narrative context, cross-model findings, and an adversarial critique of our own analysis (near the end of the document)
  • Members-only sections (render as login gates for anonymous readers): price-history, income-trend, key-metrics, financials (statement tables), insider-trading. The analysis above is public; the raw data tables require a free account.

More for machine readers: site briefing at /llms.txt · any ticker resolves at delvantic.com/stock/TICKER · raw inputs are public-company filings and market data (via licensed data feeds); every model, score, lens read, and prediction on this page is Delvantic's own analysis.

Centerra Gold Inc.

CGAU NYSE GICS Category PDF
Basic Materials · Gold
Toronto, ON M5J 2P1, Canada centerragold.com Updated Aug 11, 11:04am
Price
$21.51
Market Cap
$4.2B
Employees
0
Beta
1.57
Avg Volume
1,489,291
Last Dividend
$0.20
CEO
Mr. Paul Botond Stilicho Tomory

Centerra Gold Inc. is a precious metals mining company engaged in the acquisition, exploration, development, and operation of gold and copper properties across North America, Turkey, and internationally. The company operates two primary mines: Mount Milligan, a gold-copper mine in British Columbia, Canada, and Öksüt, a gold mine in Turkey. Beyond these core assets, Centerra holds the Kemess project in British Columbia, the Goldfield District project in Nevada, and owns a Molybdenum Business Unit featuring the Langeloth metallurgical processing facility in Pennsylvania, alongside the Thompson Creek mine in Idaho and a 75% stake in the Endako mine. The company also maintains exploration projects globally. Centerra pursues a self-funded growth strategy, leveraging strong operational cash generation to advance its project pipeline while maintaining financial flexibility. Headquartered in Toronto, Canada, since 2002, Centerra serves global markets for precious metals and operates with a focus on disciplined capital allocation and shareholder returns through dividends and strategic buybacks.

Runs with full report
Earnings Schedule
Checked daily · calendar updated Aug 11
No upcoming print on the calendar yet — companies typically confirm a few weeks ahead. Last print was Jul 28, 2026.
EPS surprise history — vs analyst consensus · 3 prints of vendor history
+2.3%
Apr '26
-150.0%
Jul '26
+2.6%
Jul '26
Print date EPS est. EPS actual Revenue est. Revenue actual
Jul 28, 2026 $0.38 $0.39 +2.6% — —
Jul 9, 2026 $0.04 $-0.02 -150.0% — —
Apr 29, 2026 $0.43 $0.44 +2.3% — —

Green = beat the estimate, red = missed. An earnings print is the fastest way a thesis changes — our designations should be re-read after each one.

Recent SEC Filings
Filed Form Document
Jul 28, 2026 6-K View
Jul 28, 2026 6-K View
Jul 28, 2026 6-K View
Jul 17, 2026 SD View
Jul 15, 2026 6-K View
Jun 26, 2026 6-K View
May 13, 2026 6-K View
May 13, 2026 SCHEDULE 13G View
May 5, 2026 6-K View
Apr 29, 2026 6-K View
Apr 29, 2026 6-K View
Apr 29, 2026 6-K View

Filings link to the SEC’s EDGAR system. Annual/quarterly reports (10-K, 10-Q, 20-F) carry the full story; 8-K/6-K current reports are the fastest signal that something material happened.

Price Overview
Last updated: Aug 11, 2026 11:04am (just now)
Current data · timestamped when a report runs
$21.51
Change · Aug 11
+0.18 (+0.84%)
Day Range
$21.27 – $21.70
52-Week Range
$6.71 – $21.70
50-Day MA
$16.74
200-Day MA
$16.41
Volume
23,158.00
Share Structure
Outstanding 196,138,619.00
Float 194,519,963.00
Free Float 99.2%
High free float — 99.2% of shares trade freely, ~0.8% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Last updated: Aug 11, 2026 11:04am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Aug 6, 2026 11:03pm (4d ago)
Why there are no quarterly figures for Centerra Gold Inc.

This company does not file structured financial statements with the U.S. SEC, so quarterly figures aren't available from our filings-based data engine. Annual figures shown here come from the sources that do cover it.

Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
TD Twelve Data statement HEX SEC filing
P/E Ratio (Price per dollar of earnings)
HEX
Stock Price / EPS (Diluted)
-56.61
Stock Price: $21.51
EPS (Diluted): -0.38
P/B Ratio (Price vs net asset value)
HEX
Stock Price / Book Value Per Share
2.81
Stock Price: $21.51
Total Equity: $1.67B
Shares: 218,409,000
EV/EBITDA (Total value vs operating profit)
HEX
Enterprise Value / EBITDA
28.44
Market Cap: $4.17B
Total Debt: $0.00
Cash: $612.94M
EBITDA: $142.76M
Enterprise Value (Takeover price (cap + debt - cash))
HEX
Market Cap + Total Debt - Cash
$4.1B
Market Cap: $4.17B
Total Debt: $0.00
Cash: $612.94M
P/S Ratio (Price per dollar of revenue)
HEX
Stock Price / Revenue Per Share
4.29
Stock Price: $21.51
Revenue: $1.09B
Shares: 218,409,000
EV/Sales (Total value vs revenue — works when P/E can't)
CALC
3.71
Gross Margin (Revenue left after direct costs)
HEX
Gross Profit / Revenue
24.1%
Gross Profit: $264.01M
Revenue: $1.09B
Operating Margin (Revenue left after all operations)
HEX
Operating Income / Revenue
1.6%
Operating Income: $17.85M
Revenue: $1.09B
Net Margin (Revenue left as actual profit)
HEX
Net Income / Revenue
-7.4%
Net Income: -$81.28M
Revenue: $1.09B
ROE (Profit from shareholder equity)
HEX
Net Income / Total Equity
-4.9%
Net Income: -$81.28M
Total Equity: $1.67B
ROIC (Profit from all invested capital)
HEX
NOPAT / Invested Capital
-10.0%
Operating Income: $17.85M
Tax Rate: 696.1%
Equity: $1.67B
Total Debt: $0.00
Cash: $612.94M
Zero debt — invested capital = equity minus cash (very efficient)
Current Ratio (Can it pay short-term bills)
HEX
Current Assets / Current Liabilities
3.25
Current Assets: $966.03M
Current Liabilities: $297.44M
Debt/Equity (Leverage — debt vs equity)
HEX
Total Debt / Total Equity
0.00
Short-Term Debt: $0.00
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $1.67B
Zero debt — this company carries no debt obligations. Strongest possible score.
Rev/Share (Top-line per share)
HEX
Revenue / Shares Outstanding
$5.01
Revenue: $1.09B
Shares: 218,409,000
Book Value/Share (Net assets per share)
HEX
(Total Assets - Total Liabilities) / Shares
$7.67
Total Equity: $1.67B
Shares: 218,409,000
FCF/Share (Real cash generated per share)
HEX
(Operating Cash Flow + CapEx) / Shares
$0.73
Operating CF: $245.60M
CapEx: -$85.31M
Shares: 218,409,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
TD
Last Annual Dividend / Stock Price
0.9%
Last Dividend: $0.20
Stock Price: $21.51
Payout Ratio (Earnings paid out as dividends)
HEX
Dividends Paid / Net Income
-55.3%
Dividends Paid: -$44.91M
Net Income: -$81.28M
Income Statement (Annual)
Last updated: Aug 6, 2026 11:03pm (4d ago)
Metric 2020 2021 2022 2023
Revenue $721.3M $900.1M $850.2M $1.1B
Cost of Revenue $505.8M $608.2M $671.7M $830.9M
Gross Profit $215.5M $292.0M $178.5M $264.0M
Operating Expenses $171.6M -$42.0M $215.3M $246.2M
Operating Income $43.9M $333.9M -$36.8M $17.8M
Net Income $408.5M -$381.8M -$77.2M -$81.3M
EBITDA $139.7M $454.4M $60.3M $142.8M
EPS $1.39 $-1.29 $-0.29 $-0.37
EPS (Diluted) $1.37 $-1.29 $-0.31 $-0.38
Balance Sheet (Annual)
Last updated: Aug 6, 2026 11:03pm (4d ago)
Metric 2019 2020 2021 2022 2023
Cash & Equivalents $42.7M $545.2M $947.2M $531.9M $612.9M
Total Current Assets — $1.4B $1.3B $990.7M $966.0M
Total Assets — $3.1B $2.7B $2.3B $2.3B
Current Liabilities — $257.8M $227.4M $274.9M $297.4M
Long-Term Debt — — — — —
Total Liabilities — $670.0M $633.0M $525.6M $606.5M
Total Equity $2.1B $2.5B $2.0B $1.8B $1.7B
Retained Earnings — $1.4B $1.0B $897.6M $771.4M
Cash Flow (Annual)
Last updated: Aug 6, 2026 11:03pm (4d ago)
Metric 2020 2021 2022 2023
Operating Cash Flow $930.0M $414.8M -$2.0M $245.6M
Capital Expenditure -$103.6M -$92.5M -$80.9M -$85.3M
Free Cash Flow $826.5M $322.3M -$82.9M $160.3M
Acquisitions (net) — — — —
Net Debt Issued / (Repaid) -$77.5M $0 — —
Dividends Paid -$39.8M -$45.0M -$47.7M -$44.9M
Stock Buybacks — — — —
Net Change in Cash $502.7M $402.1M -$415.3M $81.0M
Growth Trends (YoY %)
Last updated: Aug 6, 2026 11:03pm (4d ago)
Metric 2021 2022 2023
Revenue Growth +24.8% -5.5% +28.8%
Gross Profit Growth +35.5% -38.9% +47.9%
Operating Income Growth +660.4% -111.0% +148.5%
Net Income Growth -193.4% +79.8% -5.3%
EBITDA Growth +225.2% -86.7% +136.9%
Dividend History (Last 20)
Last updated: Aug 6, 2026 11:03pm (4d ago)
Date Dividend Declaration Record Payment
2026-05-21 $0.05 — — —
2026-03-12 $0.05 — — —
2025-05-22 $0.05 — — —
2025-03-13 $0.05 — — —
2024-11-13 $0.05 — — —
2024-08-15 $0.05 — — —
2024-05-29 $0.05 — — —
2024-03-12 $0.05 — — —
2023-11-14 $0.05 — — —
2023-08-14 $0.05 — — —
2023-05-26 $0.05 — — —
2023-03-13 $0.05 — — —
2022-11-17 $0.05 — — —
2022-08-24 $0.05 — — —
2022-05-17 $0.05 — — —
2022-03-10 $0.05 — — —
2021-11-18 $0.06 — — —
2021-08-24 $0.05 — — —
2021-05-26 $0.04 — — —
2021-03-15 $0.04 — — —
Industry Benchmarks
Compares CGAU against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for CGAU — it's generated by the pipeline (market-narrative step).
Claude Reading
Claude Opus reviews the pipeline's raw data + every prior verdict, then writes an independent take.
No AI findings yet for CGAU — they're generated by the pipeline (ai-findings step) when a report is run on this ticker.
GPT Reading
GPT reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
No GPT reading yet for CGAU — it's generated by the pipeline (gpt-critique step) after the other Big-3 seats, when a report is run on this ticker.
Grok Reading
Grok (xAI) reads the identical raw briefing blind — one of the Big-3 independent readings — and commits to its own verdict.
No Grok reading yet for CGAU — it's generated by the pipeline (grok-critique step) alongside the other Big-3 seats, when a report is run on this ticker.
Advanced Analysis Forensic deep-dive · four lenses
A separate, manually-run forensic pipeline (dilution, earnings quality, liquidity → two scored lenses → the play). Hasn't been run for this ticker yet.
Community AI Feedback
No community reviews yet for CGAU. Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · twelvedata
v1.1.525 · a5aac093 · 2026-08-10 20:52:14