CENTERRA GOLD INC (NYSE:CGAU) Fits the Minervini Trend Template with Strong Growth Momentum

The Mark Minervini Trend Template is a methodical process built to find stocks showing powerful uptrends by checking defined technical measures. This system looks at moving average arrangements, price location compared to 52-week highs and lows, and better relative performance to confirm a stock is in a verified stage 2 advance. When used with a search for strong-growth fundamentals, this method tries to locate firms that are not only technically healthy but also showing increasing business speed, a pairing that has been seen in large market successes before.

Matching the Minervini Trend Template

CENTERRA GOLD INC (NYSE:CGAU) shows a solid fit with the technical measures described in the Minervini Trend Template. The template's guidelines are made to sort for stocks in a strong uptrend, and CGAU presently meets these requirements, which is a necessary step for more review under this method.

• Price Above Key Moving Averages: The stock's present price is positioned solidly above its 50-day ($10.75), 150-day ($8.34), and 200-day ($7.80) simple moving averages. This multi-level arrangement verifies that the stock is in a positive period across short, intermediate, and long-term periods.
• Rising Long-Term Averages: Both the 150-day and 200-day moving averages have an upward angle, showing continued upward speed and confirming the long-term health of the trend.
• Positive Moving Average Arrangement: The 50-day moving average is located above both the 150-day and 200-day averages, a standard positive sign that shows quickening speed. Also, the 150-day average is above the 200-day, strengthening the stock's technical health.
• Nearness to Highs: The stock is positioned within 3% of its 52-week high of $12.80, a main Minervini rule that highlights concentrating on health rather than softness. Leaders often reach new highs, and CGAU's location shows this trait.
• Better Relative Performance: With a ChartMill Relative Strength rating of 96.17, CGAU is doing better than 96% of all stocks in the market. High relative strength is a central part of the Minervini process, as it finds market leaders that frequently keep leading during positive periods.

Strong Growth Momentum Fundamentals

Beyond a technically healthy chart, the Minervini method looks for firms with powerful fundamental bases. CGAU displays several numbers that make it suitable for high-growth momentum investors, indicating the firm is in a time of major earnings growth and operational betterment.

• Powerful Earnings Growth: The firm has shown a notable recovery and quickening in profitability. Its earnings per share growth for the last reported fiscal year was 1,725%, and the trailing twelve-month (TTM) EPS is at $0.87. This type of strong earnings jump is just what high-growth searches are made to find.
• Healthy Recent Quarterly Report: The latest quarter displayed a 77.8% year-over-year rise in EPS, showing that the positive speed is ongoing. This quickening from earlier quarters is a key point for momentum investors.
• Major Analyst Belief: Analysts have greatly increased their earnings forecasts, with the average EPS estimate for the next fiscal year moved up by 48.75% over the past three months. Such strong upward changes often come before more price gains as the market adapts to better outlooks.
• Notable Profit Margin Growth: The firm's profit margin in the last quarter was 73.94%, a large jump from 23.78% in the previous quarter. This growth points to better operational control and pricing ability, which are signs of a high-caliber growth firm.
• Healthy Cash Flow Creation: Free cash flow per share has increased by almost 447% over the past year, getting to $0.64. Strong and increasing cash flow gives the firm financial room and confirms the quality of its earnings.

Technical Health Summary

The given technical report gives CGAU a high score of 9 out of 10, showing its very good technical health. The summary mentions a steady positive result in both short and long-term trends, with the stock doing better than 96% of the whole market. While the very good technical score is a strong positive, the report does mention that the present setup quality is medium, suggesting the recent price action has been a bit unstable. For traders following the Minervini method exactly, this could mean a need to wait for a more clear consolidation or step back to find a lower-risk entry spot. A full review of the technical makeup, including detailed support points, is available in the detailed technical report for CGAU.

Locating Comparable Chances

CENTERRA GOLD INC presents an interesting example of a stock that fits both the technical discipline of the Minervini Trend Template and the fundamental energy wanted by high-growth momentum methods. For investors trying to locate other firms that meet this dual standard, the predefined search used to find CGAU is ready for use. You can use the "High Growth Momentum + Trend Template" search here to see present results.

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