Centerra Gold Boasts Strong Q1 2024 Financials
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Centerra Gold Boasts Strong Q1 2024 Financials

Centerra Gold Inc. (TSE:CG) has released an update.

Centerra Gold Inc. has reported robust first quarter 2024 financial results with significant cash flow from operations, leading to an increase in cash and equivalents to $647.6 million. The company saw consolidated gold production of 111,341 ounces and executed a share buyback program, while planning for sizeable tax and royalty payments in the upcoming quarter. Despite a hefty payment to Royal Gold and upcoming fiscal obligations, Centerra is optimistic about meeting its annual guidance due to strong operational performance and effective capital strategy.

For further insights into TSE:CG stock, check out TipRanks’ Stock Analysis page.

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