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Centerra Gold ( (TSE:CG) ) has shared an update.
Centerra Gold Inc. reported its fourth quarter and full year 2024 results, highlighting steady gold and copper production and strong cash flow generation. The company ended 2024 with a cash balance of $625 million, supported by significant contributions from the Öksüt and Mount Milligan mines. Centerra also announced its 2025 guidance, emphasizing the return to normal production levels at Öksüt and continued optimization efforts at Mount Milligan. The company plans to continue funding the restart of Thompson Creek while maintaining capital returns to shareholders. Centerra’s strategic focus in 2025 includes advancing technical studies at Mount Milligan and Kemess, with the aim of increasing reserves and expanding its asset base.
More about Centerra Gold
Centerra Gold Inc. operates in the mining industry, focusing primarily on gold and copper production. The company is engaged in the exploration, development, and operation of gold and copper mines, with significant operations at the Mount Milligan and Öksüt mines. Centerra Gold has a market focus on generating consistent cash flow and enhancing shareholder value through strategic capital allocation.
YTD Price Performance: 9.51%
Average Trading Volume: 828,877
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.36B
See more insights into CG stock on TipRanks’ Stock Analysis page.
