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Centerra Gold Inc. - CGAU STOCK NEWS

Welcome to our dedicated news page for Centerra Gold (Ticker: CGAU), a resource for investors and traders seeking the latest updates and insights on Centerra Gold.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Centerra Gold's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Centerra Gold's position in the market.

Rhea-AI Summary
Centerra Gold Inc. announces details for its first quarter 2024 results release, conference call, and annual meeting of shareholders. The company will release its financial results on May 14, 2024, followed by a conference call and webcast. The annual meeting of shareholders will be held on the same day in a virtual format.
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Rhea-AI Summary
Centerra Gold Inc. announces the filing of its 2023 annual report, including the annual information form, audited financial statements, and management's discussion and analysis. The filings are accessible through EDGAR, SEDAR+, and the company's website, with hard copies available to shareholders upon request.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.34%
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Rhea-AI Summary
Centerra Gold Inc. (CGAU) approves a quarterly dividend of C$0.07 per share, totaling approximately C$15.1 million or US$11.2 million. The dividend, payable on March 27, 2024, is eligible for Canadian income tax purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.97%
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dividends
Rhea-AI Summary
Centerra Gold Inc. reported strong fourth quarter and full year 2023 results, with gold production of 350,317 ounces, robust cash reserves of over $600 million, and an optimistic outlook for 2024. The company met its production and cost guidance, achieved significant free cash flow, and announced a dividend of C$0.07 per share. Centerra's strategic plan focuses on maximizing asset value, returning capital to shareholders, and exploring growth opportunities.
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End-of-Day
-0.97%
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Rhea-AI Summary
Centerra Gold Inc. announces strong preliminary production results for Q4 2023 and full year 2023, meeting or exceeding guidance. The company forecasts an increase in gold and copper production for 2024, with emphasis on operational improvements and value creation. CEO Paul Tomory highlights strategic initiatives for continued growth and shareholder value.
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End-of-Day
8.17%
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Rhea-AI Summary
Centerra Gold Inc. announces 2023 year-end estimates for mineral reserves and resources, with significant increases in gold mineral reserves and resources at Mount Milligan. The company extends the mine life at Mount Milligan through agreements with Royal Gold, Inc. and plans for future exploration and resource additions.
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Rhea-AI Sentiment
End-of-Day
8.17%
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Rhea-AI Summary
Centerra Gold Inc. announces an additional agreement with Royal Gold, Inc., extending the Mount Milligan Mine life to 2035 and setting the stage for potential future extensions. The agreement unlocks incremental mineral reserves, increases cash payments, and benefits stakeholders. Centerra plans to invest in exploration, a Preliminary Economic Assessment, and site optimization to maximize the mine's potential.
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Rhea-AI Sentiment
End-of-Day
8.17%
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Rhea-AI Summary
Centerra Gold Inc. announces the promotion of Ryan Snyder to Executive Vice President and Chief Financial Officer, effective April 8, 2024. Mr. Snyder brings over 15 years of financial management experience in the mining industry and has held key financial roles at various resource companies. He will succeed Darren Millman, who is leaving to pursue another opportunity in the mining industry in Australia. Centerra's President and CEO, Paul Tomory, expressed gratitude for Darren's significant contribution and confidence in Ryan's ability to maintain the company's robust balance sheet and financial discipline.
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Rhea-AI Sentiment
End-of-Day
3.52%
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Rhea-AI Summary
Centerra Gold Inc. has renewed its normal course issuer bid (NCIB) to purchase up to 18,293,896 common shares, representing 8.48% of the company's total issued shares. The NCIB will be in effect from November 7, 2023, to November 6, 2024. Centerra had 215,807,212 issued and outstanding common shares as of October 31, 2023. Daily purchases will be limited to 191,219 common shares, and the timing and amount of purchases will depend on market conditions. The previous NCIB authorized the purchase of up to 15,610,813 common shares and expired on October 12, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.8%
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Rhea-AI Summary
Centerra Gold Inc. has approved a quarterly dividend of C$0.07 per common share, totaling approximately C$15.0 million or US$11 million. The dividend will be payable on November 29, 2023, to shareholders of record on November 15, 2023. It is an eligible dividend for Canadian income tax purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.84%
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dividends
Centerra Gold Inc.

NYSE:CGAU

CGAU Rankings

CGAU Stock Data

1.30B
215.14M
0.16%
90.68%
0.49%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Toronto