Centerra Gold Inc. (CGAU) 10-Year Financial Performance & Capital Metrics

CGAU • • Industrial / General

Basic MaterialsGoldIntermediate Gold ProducersMulti-Mine Operators

AboutCenterra 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.Show more

Revenue $1.21B +10.9%
EBITDA $398M +169.5%
Net Income $80M +197.1%
EPS (Diluted) 0.35 +192.1%
Gross Margin 39.69% +64.6%
EBITDA Margin 32.74% +143.0%
Operating Margin 6.3% +286.6%
Net Margin 6.62% +187.6%
ROE 4.84% +201.6%
ROIC 5.39% +377.2%
Debt/Equity 0.01 -16.0%
Interest Coverage 17.50 +537.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong Piotroski F-Score: 9/9
✓Momentum leader: RS Rating 92 (top 8%)
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high

✗Weaknesses

✗Thin 5Y average net margin of 0.8%

Price & Volume

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Growth Metrics

Revenue CAGR

10Y4.75%

5Y-2.46%

3Y10.5%

TTM2.22%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM227.8%

EPS CAGR

10Y-

5Y-

3Y-38.57%

TTM238.3%

ROCE

10Y Avg3.85%

5Y Avg3.49%

3Y Avg1.01%

Latest3.83%

Peer Comparison

Multi-Mine Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
HLHecla Mining Company	16.9B	25.22	445.58	29.12%	25.23%	12.61%	0.02%	0.27
CDECoeur Mining, Inc.	13.63B	21.22	141.47	28.35%	24.03%	13.21%		0.54
ARMNAris Mining Corporation	3.7B	18.24	130.29	14.06%	6.35%	3.44%		0.48
NGDNew Gold Inc.	8.24B	10.41	74.36	17.55%	20.16%	20%	1.48%	0.38
AGIAlamos Gold Inc.	16.92B	40.30	58.41	31.62%	33.38%	13.27%	1.39%	0.08
CGAUCenterra Gold Inc.	3.24B	16.06	45.89	10.92%	26.35%	17.46%	3.52%	0.01
EGOEldorado Gold Corporation	8.16B	40.61	28.80	30.94%	22.17%	9.08%	0.3%	0.24
EQXEquinox Gold Corp.	11.43B	14.56	21.41	39.14%	5.73%	2.35%		0.41

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	623.95M	760.76M	1.2B	1.13B	1.38B	721.26M	900.14M	850.19M	1.09B	1.21B
Revenue Growth %	-0.18%	0.22%	0.58%	-0.06%	0.22%	-0.48%	0.25%	-0.06%	0.29%	0.11%
Cost of Goods Sold+	390.14M	414.9M	688.49M	772.22M	925.24M	505.78M	608.18M	671.67M	830.89M	732.52M
COGS % of Revenue	0.63%	0.55%	0.57%	0.68%	0.67%	0.7%	0.68%	0.79%	0.76%	0.6%
Gross Profit+	233.81M	345.86M	510.53M	357.12M	450.08M	215.49M	291.96M	178.52M	264M	481.98M
Gross Margin %	0.37%	0.45%	0.43%	0.32%	0.33%	0.3%	0.32%	0.21%	0.24%	0.4%
Gross Profit Growth %	-0.1%	0.48%	0.48%	-0.3%	0.26%	-0.52%	0.35%	-0.39%	0.48%	0.83%
Operating Expenses+	163.53M	169.5M	199.75M	257.44M	535.78M	171.57M	-41.95M	215.31M	246.16M	405.47M
OpEx % of Revenue	0.26%	0.22%	0.17%	0.23%	0.39%	0.24%	-0.05%	0.25%	0.22%	0.33%
Selling, General & Admin	54.39M	42.98M	62.78M	50.29M	55.88M	55.76M	38.47M	60.14M	57.09M	48.57M
SG&A % of Revenue	0.09%	0.06%	0.05%	0.04%	0.04%	0.08%	0.04%	0.07%	0.05%	0.04%
Research & Development	13.25M	11.15M	4.79M	12.43M	3.01M	0	0	0	0	0
R&D % of Revenue	0.02%	0.01%	0%	0.01%	0%	-	-	-	-	-
Other Operating Expenses	93.68M	115.37M	-59.91M	2.45M	476.89M	115.81M	-80.42M	155.17M	189.07M	356.89M
Operating Income+	49.88M	167.05M	208.58M	98.61M	-85.7M	43.91M	333.92M	-36.79M	17.84M	76.52M
Operating Margin %	0.08%	0.22%	0.17%	0.09%	-0.06%	0.06%	0.37%	-0.04%	0.02%	0.06%
Operating Income Growth %	2.41%	2.35%	0.25%	-0.53%	-1.87%	1.51%	6.6%	-1.11%	1.49%	3.29%
EBITDA+	255.27M	371.61M	417.62M	330.74M	160.05M	145.96M	460.29M	66.64M	147.54M	397.68M
EBITDA Margin %	0.41%	0.49%	0.35%	0.29%	0.12%	0.2%	0.51%	0.08%	0.13%	0.33%
EBITDA Growth %	0.03%	0.46%	0.12%	-0.21%	-0.52%	-0.09%	2.15%	-0.86%	1.21%	1.7%
D&A (Non-Cash Add-back)	205.39M	204.56M	209.04M	232.13M	245.75M	102.05M	126.37M	103.43M	129.69M	321.16M
EBIT	44.54M	163.16M	268.19M	119.21M	-93.65M	28.38M	403.65M	-43.75M	14.29M	71.94M
Net Interest Income+	-1.48M	-6.61M	-26.87M	22.27M	-11.95M	-11.57M	-359K	5.29M	13.15M	25.68M
Interest Income	1.43M	2.46M	3.03M	22.27M	7.69M	4.53M	2.78M	9.05M	19.53M	30.05M
Interest Expense	2.84M	9.07M	20.36M	0	6.94M	4.53M	770K	3.75M	6.49M	4.37M
Other Income/Expense	-7.8M	-11.01M	-87.65M	-11.71M	-14.89M	-20.07M	69.02M	-7.64M	-4.21M	97.54M
Pretax Income+	42.08M	156.04M	191.33M	98.82M	-100.58M	23.85M	402.93M	-44.43M	13.63M	174.06M
Pretax Margin %	0.07%	0.21%	0.16%	0.09%	-0.07%	0.03%	0.45%	-0.05%	0.01%	0.14%
Income Tax+	449K	4.5M	-18.2M	-14.65M	-7.07M	7.71M	-44.02M	32.78M	94.91M	93.66M
Effective Tax Rate %	0.99%	0.97%	1.1%	1.09%	0.93%	17.13%	-0.95%	1.74%	-6.07%	0.46%
Net Income+	41.63M	151.54M	209.53M	107.53M	-93.51M	408.54M	-381.77M	-77.21M	-82.77M	80.39M
Net Margin %	0.07%	0.2%	0.17%	0.1%	-0.07%	0.57%	-0.42%	-0.09%	-0.08%	0.07%
Net Income Growth %	1.94%	2.64%	0.38%	-0.49%	-1.87%	5.37%	-1.93%	0.8%	-0.07%	1.97%
Net Income (Continuing)	41.63M	151.54M	251.8M	113.47M	-93.51M	16.14M	446.95M	-77.21M	-81.28M	80.39M
Discontinued Operations	0	0	0	0	0	392.4M	-828.72M	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.18	0.60	0.72	0.37	-0.32	1.45	1.51	-0.29	-0.38	0.35
EPS Growth %	1.95%	2.33%	0.2%	-0.49%	-1.86%	5.53%	0.04%	-1.19%	-0.31%	1.92%
EPS (Basic)	0.18	0.60	0.72	0.37	-0.32	1.46	1.51	-0.29	-0.38	0.36
Diluted Shares Outstanding	236.95M	252.08M	292.22M	292.68M	292.95M	297.41M	296.63M	265.09M	218.41M	216.28M
Basic Shares Outstanding	236.59M	251.46M	291.41M	291.89M	292.95M	294.72M	296.63M	265.09M	217.25M	213.49M
Dividend Payout Ratio	0.78%	0.15%	-	-	-	0.1%	-	-	-	0.54%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	930.9M	1.02B	1.01B	833.99M	932.67M	1.37B	1.27B	990.21M	961.08M	993.06M
Cash & Short-Term Investments	542.23M	160.09M	415.89M	151.71M	42.72M	548.66M	948.12M	532.5M	612.62M	627.8M
Cash Only	360.61M	160.02M	415.89M	151.71M	42.72M	545.18M	945.95M	531.67M	609.81M	624.67M
Short-Term Investments	181.61M	74K	0	0	0	3.48M	2.17M	829.62K	2.82M	3.13M
Accounts Receivable	28.78M	48.1M	63.9M	59.56M	90.43M	66.11M	76.74M	117.11M	70.4M	75.04M
Days Sales Outstanding	16.84	23.08	19.45	19.25	24	33.45	31.12	50.28	23.47	22.55
Inventory	347.01M	540.75M	506.21M	596.91M	774.06M	580.59M	220.92M	316.66M	255.99M	234.25M
Days Inventory Outstanding	324.65	475.72	268.36	282.14	305.36	418.99	132.59	172.08	112.45	116.72
Other Current Assets	0	261.14M	20.6M	5.56M	17.74M	168.55M	16.74M	16.73M	16.11M	43.82M
Total Non-Current Assets+	729.69M	1.64B	1.76B	1.99B	1.8B	1.76B	1.3B	1.28B	1.35B	1.27B
Property, Plant & Equipment	693.02M	1.57B	1.68B	1.89B	1.67B	1.69B	1.27B	1.27B	1.23B	1.1B
Fixed Asset Turnover	0.90x	0.48x	0.71x	0.60x	0.82x	0.43x	0.71x	0.67x	0.89x	1.10x
Goodwill	0	16.07M	16.07M	16.07M	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	30.41M	39.36M	27.76M	58.35M	68.98M	55.42M	27.51M	6.14M	5.3M	76.98M
Other Non-Current Assets	36.67M	9.24M	28.08M	1.89M	30.48M	21.68M	4.53M	4.42M	13.93M	33.42M
Total Assets+	1.66B	2.65B	2.77B	2.83B	2.74B	3.14B	2.57B	2.27B	2.31B	2.27B
Asset Turnover	0.38x	0.29x	0.43x	0.40x	0.50x	0.23x	0.35x	0.37x	0.47x	0.54x
Asset Growth %	0.02%	0.6%	0.04%	0.02%	-0.03%	0.15%	-0.18%	-0.12%	0.02%	-0.02%
Total Current Liabilities+	162.79M	226.61M	357.81M	234.78M	244.81M	257.83M	227.05M	274.73M	295.92M	283.88M
Accounts Payable	65.77M	92.72M	122.1M	121.97M	204.38M	162.41M	131.05M	164.9M	131.04M	79.58M
Days Payables Outstanding	61.53	81.56	64.73	57.65	80.62	117.21	78.65	89.61	57.56	39.65
Short-Term Debt	76M	72.28M	80.52M	5M	4.3M	4.58M	6.14M	5.24M	6.07M	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	0	0	0	1000K	1000K	0
Other Current Liabilities	2.35M	33.95M	76.91M	62.29M	9.42M	36.83M	45.69M	47.33M	92.57M	32.42M
Current Ratio	5.72x	4.48x	2.83x	3.55x	3.81x	5.32x	5.59x	3.60x	3.25x	3.50x
Quick Ratio	3.59x	2.09x	1.41x	1.01x	0.65x	3.07x	4.62x	2.45x	2.38x	2.67x
Cash Conversion Cycle	279.96	417.23	223.08	243.74	248.73	335.23	85.05	132.74	78.36	99.62
Total Non-Current Liabilities+	76.94M	603.86M	388.94M	443.9M	425.17M	412.16M	303.89M	188.78M	348.39M	325.34M
Long-Term Debt	0	392.85M	211.61M	179.27M	70.01M	0	0	0	0	0
Capital Lease Obligations	0	29.9M	0	4.23M	18.34M	14.34M	14.03M	8.73M	18.01M	13.71M
Deferred Tax Liabilities	2.52M	1.66M	6.97M	44.52M	67.91M	39.47M	-46.38M	-53.16M	57.6M	18.4M
Other Non-Current Liabilities	74.42M	4.27M	177.33M	48.16M	268.92M	358.35M	336.23M	233.21M	272.77M	273.04M
Total Liabilities	239.73M	830.47M	746.75M	678.68M	669.98M	669.99M	530.93M	463.51M	644.3M	609.22M
Total Debt+	76M	495.03M	292.13M	189.29M	92.65M	18.91M	20.17M	13.97M	24.08M	20.11M
Net Debt	-284.61M	335.02M	-123.76M	37.59M	49.93M	-526.26M	-925.78M	-517.71M	-585.72M	-604.57M
Debt / Equity	0.05x	0.27x	0.14x	0.09x	0.04x	0.01x	0.01x	0.01x	0.01x	0.01x
Debt / EBITDA	0.30x	1.33x	0.70x	0.57x	0.58x	0.13x	0.04x	0.21x	0.16x	0.05x
Net Debt / EBITDA	-1.11x	0.90x	-0.30x	0.11x	0.31x	-3.61x	-2.01x	-7.77x	-3.97x	-1.52x
Interest Coverage	17.58x	18.43x	10.24x	-	-12.35x	9.69x	433.66x	-9.81x	2.75x	17.50x
Total Equity+	1.42B	1.82B	2.03B	2.15B	2.07B	2.47B	2.04B	1.81B	1.67B	1.66B
Equity Growth %	0.02%	0.28%	0.11%	0.06%	-0.04%	0.19%	-0.17%	-0.11%	-0.08%	-0.01%
Book Value per Share	6.00	7.24	6.93	7.34	7.05	8.29	6.88	6.83	7.63	7.66
Total Shareholders' Equity	1.42B	1.82B	2.03B	2.15B	2.07B	2.47B	2.04B	1.81B	1.67B	1.66B
Common Stock	668.71M	944.63M	948.12M	949.33M	960.4M	975.12M	982.76M	886.08M	857.13M	826.69M
Retained Earnings	727.77M	856.37M	1.07B	1.17B	1.08B	1.45B	1.02B	897.16M	767.44M	808.27M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	220K	-2.59M	-14.37M	-2.09M	-752K	11.6M	6.82M	-3.32M	7.41M	-11.2M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	333.57M	371.44M	500.9M	217.49M	334.15M	930.01M	414.76M	-1.98M	245.6M	298.4M
Operating CF Margin %	0.53%	0.49%	0.42%	0.19%	0.24%	1.29%	0.46%	-0%	0.22%	0.25%
Operating CF Growth %	-0.11%	0.11%	0.35%	-0.57%	0.54%	1.78%	-0.55%	-1%	125.04%	0.22%
Net Income	41.63M	151.54M	209.53M	113.47M	-93.51M	408.54M	446.95M	-77.21M	-82.77M	80.39M
Depreciation & Amortization	205.39M	169.91M	233M	160.66M	480.51M	166.01M	126.37M	103.43M	141.2M	130.66M
Stock-Based Compensation	3.44M	1.79M	7.49M	3.8M	19.77M	20.35M	1.36M	770K	10M	5.2M
Deferred Taxes	449K	4.5M	-18.2M	-14.65M	-7.07M	1.56M	-44.02M	32.78M	9.41M	93.66M
Other Non-Cash Items	49.78M	10.68M	80.76M	74.38M	-1.23M	256.2M	-103.14M	2.29M	124.52M	-38.53M
Working Capital Changes	32.88M	33.03M	-11.69M	-120.17M	-64.31M	77.36M	-12.77M	-64.03M	43.24M	27.01M
Change in Receivables	37.43M	10.97M	-14.4M	5.88M	-36.67M	48.89M	-6.52M	-13.65M	6.77M	739K
Change in Inventory	-18.52M	5M	-35.08M	-81.66M	-67.91M	53.07M	-21.4M	-76.4M	40.23M	7.33M
Change in Payables	28.92M	8.01M	44.53M	-15.81M	40.25M	-5.83M	15.06M	30.95M	-8.74M	26.95M
Cash from Investing+	-240.1M	-824.23M	-10.63M	-352.12M	-309.65M	-303.38M	36.43M	-255.64M	-90.29M	-193.2M
Capital Expenditures	-243.77M	-212.83M	-266.85M	-285.87M	-299.44M	-326.24M	-92.5M	-80.93M	-85.31M	-159.79M
CapEx % of Revenue	0.39%	0.28%	0.22%	0.25%	0.22%	0.45%	0.1%	0.1%	0.08%	0.13%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	79.38M	-709.45M	246.43M	125.56M	-10.21M	-8.32M	-81.36M	2.02M	1.52M	-26.06M
Cash from Financing+	-33.36M	500.04M	-234.47M	-129.56M	-133.49M	-123.99M	-49.14M	-157.69M	-74.28M	-93.47M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-32.33M	-22.95M	0	0	0	-41.86M	-45.04M	-47.67M	-44.91M	-43.51M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-1.04M	124.62M	-28.38M	-24.57M	-9.29M	-6.41M	-2.65M	-2.25M	-4.21M	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	89.8M	158.61M	234.04M	-68.38M	34.71M	603.77M	322.26M	-82.91M	160.29M	114.11M
FCF Margin %	0.14%	0.21%	0.2%	-0.06%	0.03%	0.84%	0.36%	-0.1%	0.15%	0.09%
FCF Growth %	-0.1%	0.77%	0.48%	-1.29%	1.51%	16.4%	-0.47%	-1.26%	2.93%	-0.29%
FCF per Share	0.38	0.63	0.80	-0.23	0.12	2.03	1.09	-0.31	0.73	0.53
FCF Conversion (FCF/Net Income)	8.01x	2.45x	2.39x	2.02x	-3.57x	2.28x	-1.09x	0.03x	-2.97x	3.71x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	2.95%	9.34%	10.89%	5.15%	-4.44%	18.03%	-16.94%	-4.01%	-4.76%	4.84%
Return on Invested Capital (ROIC)	3.24%	7.6%	7.7%	3.62%	-2.99%	1.62%	16.4%	-2.29%	1.13%	5.39%
Gross Margin	37.47%	45.46%	42.58%	31.62%	32.73%	29.88%	32.43%	21%	24.11%	39.69%
Net Margin	6.67%	19.92%	17.48%	9.52%	-6.8%	56.64%	-42.41%	-9.08%	-7.56%	6.62%
Debt / Equity	0.05x	0.27x	0.14x	0.09x	0.04x	0.01x	0.01x	0.01x	0.01x	0.01x
Interest Coverage	17.58x	18.43x	10.24x	-	-12.35x	9.69x	433.66x	-9.81x	2.75x	17.50x
FCF Conversion	8.01x	2.45x	2.39x	2.02x	-3.57x	2.28x	-1.09x	0.03x	-2.97x	3.71x
Revenue Growth	-18.26%	21.93%	57.61%	-5.81%	21.78%	-47.56%	24.8%	-5.55%	28.78%	10.92%

Revenue by Segment

	2021	2022
Gold	467.99M	349.14M
Gold Growth	-	-25.40%
Molybdenum	-	262.7M
Molybdenum Growth	-	-
Copper	209.64M	242.68M
Copper Growth	-	15.76%
Other by-product	-	15.72M
Other by-product Growth	-	-

Revenue by Geography

	2021	2022
Canada 1	505.94M	472.47M
Canada 1 Growth	-	-6.61%
United States 1	194.76M	276.13M
United States 1 Growth	-	41.78%
Turkey 1	199.44M	101.59M
Turkey 1 Growth	-	-49.06%
Other countries	-	-
Other countries Growth	-	-

Frequently Asked Questions

Valuation & Price

Centerra Gold Inc. (CGAU) has a price-to-earnings (P/E) ratio of 45.9x. This suggests investors expect higher future growth.

Growth & Financials

Centerra Gold Inc. (CGAU) reported $1.29B in revenue for fiscal year 2024. This represents a 26% increase from $1.02B in 2011.

Centerra Gold Inc. (CGAU) grew revenue by 10.9% over the past year. This is steady growth.

Yes, Centerra Gold Inc. (CGAU) is profitable, generating $338.7M in net income for fiscal year 2024 (6.6% net margin).

Dividend & Returns

Yes, Centerra Gold Inc. (CGAU) pays a dividend with a yield of 1.25%. This makes it attractive for income-focused investors.

Centerra Gold Inc. (CGAU) has a return on equity (ROE) of 4.8%. This is below average, suggesting room for improvement.

Centerra Gold Inc. (CGAU) generated $130.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Centerra Gold Inc. (CGAU) 10-Year Financial Performance & Capital Metrics

CGAU • • Industrial / General

Basic MaterialsGoldIntermediate Gold ProducersMulti-Mine Operators

Revenue $1.21B +10.9%
EBITDA $398M +169.5%
Net Income $80M +197.1%
EPS (Diluted) 0.35 +192.1%
Gross Margin 39.69% +64.6%
EBITDA Margin 32.74% +143.0%
Operating Margin 6.3% +286.6%
Net Margin 6.62% +187.6%
ROE 4.84% +201.6%
ROIC 5.39% +377.2%
Debt/Equity 0.01 -16.0%
Interest Coverage 17.50 +537.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong Piotroski F-Score: 9/9
✓Momentum leader: RS Rating 92 (top 8%)
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high

✗Weaknesses

✗Thin 5Y average net margin of 0.8%

Price & Volume

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Growth Metrics

Revenue CAGR

10Y4.75%

5Y-2.46%

3Y10.5%

TTM2.22%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM227.8%

EPS CAGR

10Y-

5Y-

3Y-38.57%

TTM238.3%

ROCE

10Y Avg3.85%

5Y Avg3.49%

3Y Avg1.01%

Latest3.83%

Peer Comparison

Multi-Mine Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
HLHecla Mining Company	16.9B	25.22	445.58	29.12%	25.23%	12.61%	0.02%	0.27
CDECoeur Mining, Inc.	13.63B	21.22	141.47	28.35%	24.03%	13.21%		0.54
ARMNAris Mining Corporation	3.7B	18.24	130.29	14.06%	6.35%	3.44%		0.48
NGDNew Gold Inc.	8.24B	10.41	74.36	17.55%	20.16%	20%	1.48%	0.38
AGIAlamos Gold Inc.	16.92B	40.30	58.41	31.62%	33.38%	13.27%	1.39%	0.08
CGAUCenterra Gold Inc.	3.24B	16.06	45.89	10.92%	26.35%	17.46%	3.52%	0.01
EGOEldorado Gold Corporation	8.16B	40.61	28.80	30.94%	22.17%	9.08%	0.3%	0.24
EQXEquinox Gold Corp.	11.43B	14.56	21.41	39.14%	5.73%	2.35%		0.41

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	623.95M	760.76M	1.2B	1.13B	1.38B	721.26M	900.14M	850.19M	1.09B	1.21B
Revenue Growth %	-0.18%	0.22%	0.58%	-0.06%	0.22%	-0.48%	0.25%	-0.06%	0.29%	0.11%
Cost of Goods Sold+	390.14M	414.9M	688.49M	772.22M	925.24M	505.78M	608.18M	671.67M	830.89M	732.52M
COGS % of Revenue	0.63%	0.55%	0.57%	0.68%	0.67%	0.7%	0.68%	0.79%	0.76%	0.6%
Gross Profit+	233.81M	345.86M	510.53M	357.12M	450.08M	215.49M	291.96M	178.52M	264M	481.98M
Gross Margin %	0.37%	0.45%	0.43%	0.32%	0.33%	0.3%	0.32%	0.21%	0.24%	0.4%
Gross Profit Growth %	-0.1%	0.48%	0.48%	-0.3%	0.26%	-0.52%	0.35%	-0.39%	0.48%	0.83%
Operating Expenses+	163.53M	169.5M	199.75M	257.44M	535.78M	171.57M	-41.95M	215.31M	246.16M	405.47M
OpEx % of Revenue	0.26%	0.22%	0.17%	0.23%	0.39%	0.24%	-0.05%	0.25%	0.22%	0.33%
Selling, General & Admin	54.39M	42.98M	62.78M	50.29M	55.88M	55.76M	38.47M	60.14M	57.09M	48.57M
SG&A % of Revenue	0.09%	0.06%	0.05%	0.04%	0.04%	0.08%	0.04%	0.07%	0.05%	0.04%
Research & Development	13.25M	11.15M	4.79M	12.43M	3.01M	0	0	0	0	0
R&D % of Revenue	0.02%	0.01%	0%	0.01%	0%	-	-	-	-	-
Other Operating Expenses	93.68M	115.37M	-59.91M	2.45M	476.89M	115.81M	-80.42M	155.17M	189.07M	356.89M
Operating Income+	49.88M	167.05M	208.58M	98.61M	-85.7M	43.91M	333.92M	-36.79M	17.84M	76.52M
Operating Margin %	0.08%	0.22%	0.17%	0.09%	-0.06%	0.06%	0.37%	-0.04%	0.02%	0.06%
Operating Income Growth %	2.41%	2.35%	0.25%	-0.53%	-1.87%	1.51%	6.6%	-1.11%	1.49%	3.29%
EBITDA+	255.27M	371.61M	417.62M	330.74M	160.05M	145.96M	460.29M	66.64M	147.54M	397.68M
EBITDA Margin %	0.41%	0.49%	0.35%	0.29%	0.12%	0.2%	0.51%	0.08%	0.13%	0.33%
EBITDA Growth %	0.03%	0.46%	0.12%	-0.21%	-0.52%	-0.09%	2.15%	-0.86%	1.21%	1.7%
D&A (Non-Cash Add-back)	205.39M	204.56M	209.04M	232.13M	245.75M	102.05M	126.37M	103.43M	129.69M	321.16M
EBIT	44.54M	163.16M	268.19M	119.21M	-93.65M	28.38M	403.65M	-43.75M	14.29M	71.94M
Net Interest Income+	-1.48M	-6.61M	-26.87M	22.27M	-11.95M	-11.57M	-359K	5.29M	13.15M	25.68M
Interest Income	1.43M	2.46M	3.03M	22.27M	7.69M	4.53M	2.78M	9.05M	19.53M	30.05M
Interest Expense	2.84M	9.07M	20.36M	0	6.94M	4.53M	770K	3.75M	6.49M	4.37M
Other Income/Expense	-7.8M	-11.01M	-87.65M	-11.71M	-14.89M	-20.07M	69.02M	-7.64M	-4.21M	97.54M
Pretax Income+	42.08M	156.04M	191.33M	98.82M	-100.58M	23.85M	402.93M	-44.43M	13.63M	174.06M
Pretax Margin %	0.07%	0.21%	0.16%	0.09%	-0.07%	0.03%	0.45%	-0.05%	0.01%	0.14%
Income Tax+	449K	4.5M	-18.2M	-14.65M	-7.07M	7.71M	-44.02M	32.78M	94.91M	93.66M
Effective Tax Rate %	0.99%	0.97%	1.1%	1.09%	0.93%	17.13%	-0.95%	1.74%	-6.07%	0.46%
Net Income+	41.63M	151.54M	209.53M	107.53M	-93.51M	408.54M	-381.77M	-77.21M	-82.77M	80.39M
Net Margin %	0.07%	0.2%	0.17%	0.1%	-0.07%	0.57%	-0.42%	-0.09%	-0.08%	0.07%
Net Income Growth %	1.94%	2.64%	0.38%	-0.49%	-1.87%	5.37%	-1.93%	0.8%	-0.07%	1.97%
Net Income (Continuing)	41.63M	151.54M	251.8M	113.47M	-93.51M	16.14M	446.95M	-77.21M	-81.28M	80.39M
Discontinued Operations	0	0	0	0	0	392.4M	-828.72M	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.18	0.60	0.72	0.37	-0.32	1.45	1.51	-0.29	-0.38	0.35
EPS Growth %	1.95%	2.33%	0.2%	-0.49%	-1.86%	5.53%	0.04%	-1.19%	-0.31%	1.92%
EPS (Basic)	0.18	0.60	0.72	0.37	-0.32	1.46	1.51	-0.29	-0.38	0.36
Diluted Shares Outstanding	236.95M	252.08M	292.22M	292.68M	292.95M	297.41M	296.63M	265.09M	218.41M	216.28M
Basic Shares Outstanding	236.59M	251.46M	291.41M	291.89M	292.95M	294.72M	296.63M	265.09M	217.25M	213.49M
Dividend Payout Ratio	0.78%	0.15%	-	-	-	0.1%	-	-	-	0.54%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	930.9M	1.02B	1.01B	833.99M	932.67M	1.37B	1.27B	990.21M	961.08M	993.06M
Cash & Short-Term Investments	542.23M	160.09M	415.89M	151.71M	42.72M	548.66M	948.12M	532.5M	612.62M	627.8M
Cash Only	360.61M	160.02M	415.89M	151.71M	42.72M	545.18M	945.95M	531.67M	609.81M	624.67M
Short-Term Investments	181.61M	74K	0	0	0	3.48M	2.17M	829.62K	2.82M	3.13M
Accounts Receivable	28.78M	48.1M	63.9M	59.56M	90.43M	66.11M	76.74M	117.11M	70.4M	75.04M
Days Sales Outstanding	16.84	23.08	19.45	19.25	24	33.45	31.12	50.28	23.47	22.55
Inventory	347.01M	540.75M	506.21M	596.91M	774.06M	580.59M	220.92M	316.66M	255.99M	234.25M
Days Inventory Outstanding	324.65	475.72	268.36	282.14	305.36	418.99	132.59	172.08	112.45	116.72
Other Current Assets	0	261.14M	20.6M	5.56M	17.74M	168.55M	16.74M	16.73M	16.11M	43.82M
Total Non-Current Assets+	729.69M	1.64B	1.76B	1.99B	1.8B	1.76B	1.3B	1.28B	1.35B	1.27B
Property, Plant & Equipment	693.02M	1.57B	1.68B	1.89B	1.67B	1.69B	1.27B	1.27B	1.23B	1.1B
Fixed Asset Turnover	0.90x	0.48x	0.71x	0.60x	0.82x	0.43x	0.71x	0.67x	0.89x	1.10x
Goodwill	0	16.07M	16.07M	16.07M	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	30.41M	39.36M	27.76M	58.35M	68.98M	55.42M	27.51M	6.14M	5.3M	76.98M
Other Non-Current Assets	36.67M	9.24M	28.08M	1.89M	30.48M	21.68M	4.53M	4.42M	13.93M	33.42M
Total Assets+	1.66B	2.65B	2.77B	2.83B	2.74B	3.14B	2.57B	2.27B	2.31B	2.27B
Asset Turnover	0.38x	0.29x	0.43x	0.40x	0.50x	0.23x	0.35x	0.37x	0.47x	0.54x
Asset Growth %	0.02%	0.6%	0.04%	0.02%	-0.03%	0.15%	-0.18%	-0.12%	0.02%	-0.02%
Total Current Liabilities+	162.79M	226.61M	357.81M	234.78M	244.81M	257.83M	227.05M	274.73M	295.92M	283.88M
Accounts Payable	65.77M	92.72M	122.1M	121.97M	204.38M	162.41M	131.05M	164.9M	131.04M	79.58M
Days Payables Outstanding	61.53	81.56	64.73	57.65	80.62	117.21	78.65	89.61	57.56	39.65
Short-Term Debt	76M	72.28M	80.52M	5M	4.3M	4.58M	6.14M	5.24M	6.07M	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	0	0	0	1000K	1000K	0
Other Current Liabilities	2.35M	33.95M	76.91M	62.29M	9.42M	36.83M	45.69M	47.33M	92.57M	32.42M
Current Ratio	5.72x	4.48x	2.83x	3.55x	3.81x	5.32x	5.59x	3.60x	3.25x	3.50x
Quick Ratio	3.59x	2.09x	1.41x	1.01x	0.65x	3.07x	4.62x	2.45x	2.38x	2.67x
Cash Conversion Cycle	279.96	417.23	223.08	243.74	248.73	335.23	85.05	132.74	78.36	99.62
Total Non-Current Liabilities+	76.94M	603.86M	388.94M	443.9M	425.17M	412.16M	303.89M	188.78M	348.39M	325.34M
Long-Term Debt	0	392.85M	211.61M	179.27M	70.01M	0	0	0	0	0
Capital Lease Obligations	0	29.9M	0	4.23M	18.34M	14.34M	14.03M	8.73M	18.01M	13.71M
Deferred Tax Liabilities	2.52M	1.66M	6.97M	44.52M	67.91M	39.47M	-46.38M	-53.16M	57.6M	18.4M
Other Non-Current Liabilities	74.42M	4.27M	177.33M	48.16M	268.92M	358.35M	336.23M	233.21M	272.77M	273.04M
Total Liabilities	239.73M	830.47M	746.75M	678.68M	669.98M	669.99M	530.93M	463.51M	644.3M	609.22M
Total Debt+	76M	495.03M	292.13M	189.29M	92.65M	18.91M	20.17M	13.97M	24.08M	20.11M
Net Debt	-284.61M	335.02M	-123.76M	37.59M	49.93M	-526.26M	-925.78M	-517.71M	-585.72M	-604.57M
Debt / Equity	0.05x	0.27x	0.14x	0.09x	0.04x	0.01x	0.01x	0.01x	0.01x	0.01x
Debt / EBITDA	0.30x	1.33x	0.70x	0.57x	0.58x	0.13x	0.04x	0.21x	0.16x	0.05x
Net Debt / EBITDA	-1.11x	0.90x	-0.30x	0.11x	0.31x	-3.61x	-2.01x	-7.77x	-3.97x	-1.52x
Interest Coverage	17.58x	18.43x	10.24x	-	-12.35x	9.69x	433.66x	-9.81x	2.75x	17.50x
Total Equity+	1.42B	1.82B	2.03B	2.15B	2.07B	2.47B	2.04B	1.81B	1.67B	1.66B
Equity Growth %	0.02%	0.28%	0.11%	0.06%	-0.04%	0.19%	-0.17%	-0.11%	-0.08%	-0.01%
Book Value per Share	6.00	7.24	6.93	7.34	7.05	8.29	6.88	6.83	7.63	7.66
Total Shareholders' Equity	1.42B	1.82B	2.03B	2.15B	2.07B	2.47B	2.04B	1.81B	1.67B	1.66B
Common Stock	668.71M	944.63M	948.12M	949.33M	960.4M	975.12M	982.76M	886.08M	857.13M	826.69M
Retained Earnings	727.77M	856.37M	1.07B	1.17B	1.08B	1.45B	1.02B	897.16M	767.44M	808.27M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	220K	-2.59M	-14.37M	-2.09M	-752K	11.6M	6.82M	-3.32M	7.41M	-11.2M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	333.57M	371.44M	500.9M	217.49M	334.15M	930.01M	414.76M	-1.98M	245.6M	298.4M
Operating CF Margin %	0.53%	0.49%	0.42%	0.19%	0.24%	1.29%	0.46%	-0%	0.22%	0.25%
Operating CF Growth %	-0.11%	0.11%	0.35%	-0.57%	0.54%	1.78%	-0.55%	-1%	125.04%	0.22%
Net Income	41.63M	151.54M	209.53M	113.47M	-93.51M	408.54M	446.95M	-77.21M	-82.77M	80.39M
Depreciation & Amortization	205.39M	169.91M	233M	160.66M	480.51M	166.01M	126.37M	103.43M	141.2M	130.66M
Stock-Based Compensation	3.44M	1.79M	7.49M	3.8M	19.77M	20.35M	1.36M	770K	10M	5.2M
Deferred Taxes	449K	4.5M	-18.2M	-14.65M	-7.07M	1.56M	-44.02M	32.78M	9.41M	93.66M
Other Non-Cash Items	49.78M	10.68M	80.76M	74.38M	-1.23M	256.2M	-103.14M	2.29M	124.52M	-38.53M
Working Capital Changes	32.88M	33.03M	-11.69M	-120.17M	-64.31M	77.36M	-12.77M	-64.03M	43.24M	27.01M
Change in Receivables	37.43M	10.97M	-14.4M	5.88M	-36.67M	48.89M	-6.52M	-13.65M	6.77M	739K
Change in Inventory	-18.52M	5M	-35.08M	-81.66M	-67.91M	53.07M	-21.4M	-76.4M	40.23M	7.33M
Change in Payables	28.92M	8.01M	44.53M	-15.81M	40.25M	-5.83M	15.06M	30.95M	-8.74M	26.95M
Cash from Investing+	-240.1M	-824.23M	-10.63M	-352.12M	-309.65M	-303.38M	36.43M	-255.64M	-90.29M	-193.2M
Capital Expenditures	-243.77M	-212.83M	-266.85M	-285.87M	-299.44M	-326.24M	-92.5M	-80.93M	-85.31M	-159.79M
CapEx % of Revenue	0.39%	0.28%	0.22%	0.25%	0.22%	0.45%	0.1%	0.1%	0.08%	0.13%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	79.38M	-709.45M	246.43M	125.56M	-10.21M	-8.32M	-81.36M	2.02M	1.52M	-26.06M
Cash from Financing+	-33.36M	500.04M	-234.47M	-129.56M	-133.49M	-123.99M	-49.14M	-157.69M	-74.28M	-93.47M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-32.33M	-22.95M	0	0	0	-41.86M	-45.04M	-47.67M	-44.91M	-43.51M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-1.04M	124.62M	-28.38M	-24.57M	-9.29M	-6.41M	-2.65M	-2.25M	-4.21M	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	89.8M	158.61M	234.04M	-68.38M	34.71M	603.77M	322.26M	-82.91M	160.29M	114.11M
FCF Margin %	0.14%	0.21%	0.2%	-0.06%	0.03%	0.84%	0.36%	-0.1%	0.15%	0.09%
FCF Growth %	-0.1%	0.77%	0.48%	-1.29%	1.51%	16.4%	-0.47%	-1.26%	2.93%	-0.29%
FCF per Share	0.38	0.63	0.80	-0.23	0.12	2.03	1.09	-0.31	0.73	0.53
FCF Conversion (FCF/Net Income)	8.01x	2.45x	2.39x	2.02x	-3.57x	2.28x	-1.09x	0.03x	-2.97x	3.71x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	2.95%	9.34%	10.89%	5.15%	-4.44%	18.03%	-16.94%	-4.01%	-4.76%	4.84%
Return on Invested Capital (ROIC)	3.24%	7.6%	7.7%	3.62%	-2.99%	1.62%	16.4%	-2.29%	1.13%	5.39%
Gross Margin	37.47%	45.46%	42.58%	31.62%	32.73%	29.88%	32.43%	21%	24.11%	39.69%
Net Margin	6.67%	19.92%	17.48%	9.52%	-6.8%	56.64%	-42.41%	-9.08%	-7.56%	6.62%
Debt / Equity	0.05x	0.27x	0.14x	0.09x	0.04x	0.01x	0.01x	0.01x	0.01x	0.01x
Interest Coverage	17.58x	18.43x	10.24x	-	-12.35x	9.69x	433.66x	-9.81x	2.75x	17.50x
FCF Conversion	8.01x	2.45x	2.39x	2.02x	-3.57x	2.28x	-1.09x	0.03x	-2.97x	3.71x
Revenue Growth	-18.26%	21.93%	57.61%	-5.81%	21.78%	-47.56%	24.8%	-5.55%	28.78%	10.92%

Revenue by Segment

	2021	2022
Gold	467.99M	349.14M
Gold Growth	-	-25.40%
Molybdenum	-	262.7M
Molybdenum Growth	-	-
Copper	209.64M	242.68M
Copper Growth	-	15.76%
Other by-product	-	15.72M
Other by-product Growth	-	-

Revenue by Geography

	2021	2022
Canada 1	505.94M	472.47M
Canada 1 Growth	-	-6.61%
United States 1	194.76M	276.13M
United States 1 Growth	-	41.78%
Turkey 1	199.44M	101.59M
Turkey 1 Growth	-	-49.06%
Other countries	-	-
Other countries Growth	-	-

Frequently Asked Questions

Valuation & Price

Centerra Gold Inc. (CGAU) has a price-to-earnings (P/E) ratio of 45.9x. This suggests investors expect higher future growth.

Growth & Financials

Centerra Gold Inc. (CGAU) reported $1.29B in revenue for fiscal year 2024. This represents a 26% increase from $1.02B in 2011.

Centerra Gold Inc. (CGAU) grew revenue by 10.9% over the past year. This is steady growth.

Yes, Centerra Gold Inc. (CGAU) is profitable, generating $338.7M in net income for fiscal year 2024 (6.6% net margin).

Dividend & Returns

Yes, Centerra Gold Inc. (CGAU) pays a dividend with a yield of 1.25%. This makes it attractive for income-focused investors.

Centerra Gold Inc. (CGAU) has a return on equity (ROE) of 4.8%. This is below average, suggesting room for improvement.

Centerra Gold Inc. (CGAU) generated $130.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.