Centerra Gold (OTCMKTS:CAGDF) Shares Break Below 50-Day Moving Average – What’s Next?

Centerra Gold Inc. (OTCMKTS:CAGDF – Get Free Report) shares crossed below its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $22.31 and traded as low as $21.81. Centerra Gold shares last traded at $22.05, with a volume of 1,328,586 shares changing hands.

Centerra Gold Trading Down 0.7%

The company’s 50-day moving average is $22.32 and its two-hundred day moving average is $19.06.

About Centerra Gold

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Centerra Gold Inc is a Canadian-based mining company focused on the acquisition, development, and operation of gold and copper-gold properties. The company produces gold doré and copper concentrate and also maintains a portfolio of development and exploration assets in North America and Türkiye.

Centerra’s principal operating assets include the Öksüt Gold Mine in Türkiye and the Mount Milligan Copper-Gold Mine in British Columbia, Canada. The company also has an interest in the Greenstone Gold Mines project in Ontario, Canada, which is being developed as a large-scale open-pit gold mine.

Further Reading

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