Centerra Gold (OTCMKTS:CAGDF) Stock Price Breaks Below 50 Day Moving Average – Here’s Why

Centerra Gold Inc. (OTCMKTS:CAGDF – Get Free Report) passed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $21.94 and traded as low as $21.02. Centerra Gold shares last traded at $21.82, with a volume of 1,284,157 shares traded.

Centerra Gold Stock Up 3.3%

The company’s fifty day simple moving average is $21.94 and its 200-day simple moving average is $18.76.

About Centerra Gold

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Centerra Gold Inc is a Canadian-based mining company engaged in the acquisition, exploration, development, and operation of gold and copper properties. The company’s principal products are gold and copper concentrates, with activities focused on producing precious and base metals from operations in North America and Türkiye.

Centerra’s key assets include the Mount Milligan copper-gold mine in central British Columbia, Canada, and the Öksüt gold mine in Türkiye. Mount Milligan produces copper and gold concentrate, while Öksüt is an open-pit, heap-leach operation that produces gold doré.

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