Centerra Gold Inc.
CGAU · Gold and Silver Ores · EDGAR filings ↗
Grade
C64Mid-tier gold miner with a pristine balance sheet but a loss year and below-median operating margins.
Strengths
- Debt-free with strong liquidity (current 3.25, cash 80.8th pct) and positive FCF (81st pct)
- Revenue growth 29% and OCF margin 22% provide underlying cash generation
Risks
- Loss year: negative net margin (-7.4%), ROE -4.8% and ROA -3.6%; ROIC 0.8% (28th pct)
- Thin gross/operating margins (27.8th/34.4th pct) leave little buffer to gold-price swings
Notable findings
- Net lossNet loss (net margin -7.4%)
- Strong balance sheetStrong balance sheet — $613M cash & investments
Key metrics
Gross margin
23.9%
Operating margin
1.6%
Net margin
-7.4%
Return on equity
-4.9%
Return on assets
-3.6%
ROIC
0.8%
Revenue growth (QoQ)
26.7%
Debt / equity
0.0×
Interest coverage
1.2×
Current ratio
3.2×
Free cash flow
$160M
Tangible book value
$1.7B
Cash & investments
$613M
Supply chain
Customers (1)
Suppliers (0)
Named in the 10-K; linked when we track them.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2026-03-23 | 2025-12-31 | 0001104659-26-033394 ↗ |
| 40-F | 2025-03-28 | 2024-12-31 | 0001104659-25-028841 ↗ |
| 40-F | 2024-03-28 | 2023-12-31 | 0001854640-24-000011 ↗ |
| 40-F | 2023-03-30 | 2022-12-31 | 0001854640-23-000019 ↗ |
| 40-F | 2022-03-22 | 2021-12-31 | 0001171843-22-002015 ↗ |