Centerra Gold's Strong Growth Story Amidst Pullback

Centerra Gold's share price has pulled back slightly in the last week, but its long-term prospects remain strong. The company's 90-day share price return is 32.16%, and its year-to-date gain is 59.78%. Its one-year total shareholder return stands at 100.33% and its three-year total shareholder return is above four times that.

According to analysts, Centerra Gold's fair value is estimated to be around CA$43.01, which is well above its current price of CA$31.03. This suggests that the company may be undervalued by 28%.

The company's growth story relies heavily on supportive gold prices and smooth permitting. However, setbacks in either area could quickly weaken the bullish case.