RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%
Centerra Gold Inc.
Company Overview:
Centerra Gold Inc (TSX: CG) a gold mining and exploration company engaged in the operation, exploration, development, and acquisition of gold properties in Asia, North America, and other markets worldwide. The company manages its reportable operating segments by a combination of geographic location and products. This Report covers the Entry Price, Support and Resistance Level of the stock.
As per the previous Report published on “CG” as on 18th January 2024, Kalkine provided a “Speculative Buy” stance is given on the stock at the stock price of CAD 7.19.
Noted below are the details of support and resistance levels provided in the previous report:
CGs Daily Chart
CG, Daily Technical Price Chart, Source: REFINITIV; Analysis: Kalkine Group
Considering current trading levels and risks associated, it is prudent to exit at the current levels. Hence, a “Sell’ recommendation is given on the stock at the closing market price of CAD 7.08 as on 07 February 2024.
Note: This report may be updated with details around fundamental and technical analysis, price/ chart in due course, as appropriate.
Centerra Gold Inc (TSX: CG) is a part of Kalkine’s Gold Report
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level as on 18th January 2024. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.
Note 4: Target Price refers to a price level which the stock is expected to reach as per the relative valuation method and or technical analysis taking into consideration both short-term and long-term scenarios.
Note 5: ‘Kalkine reports are prepared based on the stock prices captured either from the Toronto Stock Exchange (TSX) and or REFINITIV. Typically, both sources (TSX and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’
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