Undervalued Overview: Centerra Gold is a Canadian-based gold mining and exploration company with operations in Turkey, North America, and other regions, and has a market cap of approximately CAD $2.37 billion.
Operations: Centerra Gold's revenue streams are primarily derived from kst ($603.31 million), Mount Milligan ($429.08 million), and Molybdenum ($239.65 million). The company's cost of goods sold (COGS) significantly impacts its gross profit, which has shown variability with a recent gross profit margin of 44.22%. Operating expenses and non-operating expenses also play crucial roles in determining net income outcomes, which have fluctuated over time.
PE: 11.2x
Centerra Gold, a smaller Canadian mining firm, recently reported significant financial improvements. For Q2 2024, sales surged to US$282.31 million from US$184.52 million year-over-year, while net income swung to US$37.67 million from a loss of US$39.68 million previously. Insider confidence is evident with recent share purchases in the past six months, reflecting optimism despite forecasted earnings declines averaging 13.7% annually over the next three years. The company also declared a quarterly dividend of CAD 0.07 per share for August 29, 2024.