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Centerra Gold’s 2024 Financials Highlight Strong Internal Controls and Key Audit Matters

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Centerra Gold’s 2024 Financials Highlight Strong Internal Controls and Key Audit Matters

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Centerra Gold ( (TSE:CG) ) just unveiled an update.

The news release from Centerra Gold Inc., dated February 20, 2025, presents the company’s consolidated financial statements for the years ending December 31, 2024, and 2023, along with management’s discussion and analysis. These documents have been incorporated into the company’s registration statement. A significant highlight is the company’s effective internal controls over financial reporting, as audited by KPMG LLP, which expressed an unqualified opinion on the effectiveness of these controls. Additionally, a critical audit matter noted was the assessment of accounting and valuation related to the Additional Royal Gold Agreement for the Mount Milligan Mine, emphasizing the complex judgment involved in its financial reporting.

More about Centerra Gold

Centerra Gold Inc. is a prominent mining company based in Toronto, Ontario, primarily involved in the exploration and extraction of gold and copper. The company focuses on operations in Asia, North America, and other promising regions, positioning itself as a key player in the mining industry.

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.

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