tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Centerra Gold Advances Goldfield Project with Promising Economics

Story Highlights
Centerra Gold Advances Goldfield Project with Promising Economics

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Centerra Gold ( (TSE:CG) ).

On August 6, 2025, Centerra Gold announced the completion of a technical study for its Goldfield Project in Nevada, revealing attractive economics with an after-tax NPV of $245 million and an IRR of 30%. The project is set to proceed with development and construction, aiming for first production by the end of 2028. The Goldfield Project is expected to enhance Centerra’s gold production profile, with a projected average annual production of 100,000 ounces during peak years and a mine life of approximately seven years. The company plans to fund the project from existing liquidity, benefiting from a supportive gold price environment and a strategic hedging strategy to secure strong margins.

The most recent analyst rating on (TSE:CG) stock is a Sell with a C$5.50 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.

Spark’s Take on TSE:CG Stock

According to Spark, TipRanks’ AI Analyst, TSE:CG is a Neutral.

Centerra Gold’s overall stock score reflects a stable financial position with low leverage and a strong cash position. However, challenges in profitability, cash flow management, and production shortfalls weigh on the score. Positive earnings call developments, such as a share buyback program, provide some optimism.

To see Spark’s full report on TSE:CG stock, click here.

More about Centerra Gold

Centerra Gold Inc. is a gold mining company that focuses on the exploration, development, and operation of gold properties. It operates in the mining industry with a market focus on gold production, primarily in North America.

Average Trading Volume: 787,822

Technical Sentiment Signal: Buy

Current Market Cap: C$2.08B

Find detailed analytics on CG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1