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Centerra Gold Inc (CG.CA) Shares Cross Below Book Value

By Canada Stock Channel Staff, Friday, July 20, 4:27 PM ET
Play Video: The Importance of Book Value


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In trading on Friday, shares of Centerra Gold Inc (TSE:CG.CA) crossed below their last reported book value defined as common shareholder equity per share of $6.45, changing hands as low as $6.43 per share. Centerra Gold Inc shares are currently trading off about 2.7% on the day. The chart below shows the one year performance of CG.CA shares, versus its 50 and 200 day moving averages:

Centerra Gold Inc Moving Averages Chart

Looking at the chart above, CG.CA's low point in its 52 week range is $6.43 per share, with $23.69 as the 52 week high point that compares with a last trade of $6.49.


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