Centerra Gold Inc. CGAU

Competitive advantage analysis · basic-materials

Corporate Default
Overall moat score
60/100
Moderate

About Centerra Gold Inc.

Centerra Gold Inc. engages in the operation, development, exploration, and acquisition of gold and copper properties in North America, Turkey, and internationally. The company also owns and operates a molybdenum business unit, which includes a metallurgical processing facility and two primary molybdenum properties. Its principal assets include the Mount Milligan gold-copper mine located in British Columbia, Canada; the Öksüt gold … Full CGAU analysis →

Competitive advantage assessment

Key strengths

  • ROIC Sustainably Above Peers ROIC at 87.2th percentile exceeds peers and WACC, demonstrating superior capital allocation.
  • Strong Interest Coverage & Conservative Leverage Debt serviceability is strong (score 0.88), with robust interest coverage.

Key risks

  • Commodity Pressure / Weak Differentiation Gross margin at 31.0th percentile with high volatility suggests weak pricing power or commoditized products.
  • Volatile Margins Suggest Cyclicality Margin volatility is high (stability score 0.37), suggesting cyclical exposure or competitive pressure.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
47

Where CGAU ranks in Gold

Centerra Gold Inc. ranks #16 of 49 scored companies in Gold by moat score — the top 33%. The widest moat in the group is Agnico Eagle Mines Limited (AEM) at 78/100.

Moat scores for companies ranked near CGAU in Gold
# Company Moat score Rating
12 Idaho Strategic Resources, Inc. IDR 64/100 Moderate
13 Orla Mining Ltd. ORLA 64/100 Moderate
14 Harmony Gold Mining Company Lim HMY 62/100 Moderate
15 Fortuna Mining Corp. FSM 60/100 Moderate
16 Centerra Gold Inc. CGAU 60/100 Moderate
17 Caledonia Mining Corporation Pl CMCL 60/100 Moderate
18 Coeur Mining, Inc. CDE 58/100 Moderate
19 Pan American Silver Corp. PAAS 58/100 Moderate
20 B2Gold Corp BTG 57/100 Moderate

See every Commodities & Mining company ranked by moat score →

How CGAU scores on the Corporate Default defenses

Pricing Power

Score 47 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 64 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 63 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 72 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 67 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 48 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding CGAU's moat

What is Centerra Gold Inc.'s moat score?

Centerra Gold Inc. (CGAU) scores 60 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #16 of 49 scored companies in Gold, the top 33%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 48 companies in Gold. Its strongest defense is Capital Efficiency (72/100) and its weakest is Pricing Power (47/100).

How does Centerra Gold Inc. compare with other Gold companies?

Centerra Gold Inc. ranks #16 of 49 scored companies in Gold by moat score. The widest moat in Gold is Agnico Eagle Mines Limited (AEM) at 78/100. The companies ranked closest are Fortuna Mining Corp. (FSM) at 60 just above it and Caledonia Mining Corporation Pl (CMCL) at 60 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 48 companies in Gold. The defenses are then weighted to produce the overall score out of 100.

Why is Centerra Gold Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Centerra Gold Inc.?

The Corporate Default template measures 6 defenses, and CGAU scores: Pricing Power (47), Cost Advantage (64), Customer Stickiness (63), Capital Efficiency (72), Resilience (67), Scale & Market Position (48). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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