Centerra Gold (OTCMKTS:CAGDF) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Centerra Gold Inc. (OTCMKTS:CAGDFGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $14.73 and traded as high as $18.63. Centerra Gold shares last traded at $18.36, with a volume of 1,449,666 shares trading hands.

Centerra Gold Stock Performance

The firm’s 50-day simple moving average is $14.73 and its 200 day simple moving average is $11.23.

About Centerra Gold

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Centerra Gold Inc is a Canada-based gold mining and exploration company with a primary focus on the development, operation and acquisition of high‐quality mineral properties. Headquartered in Toronto, Ontario, the company traces its origins to the 2004 spin‐out of Cameco Corporation’s gold assets, with ongoing exploration efforts to identify and advance new gold and copper‐gold deposits in North America and beyond.

The company’s principal producing asset is the Kumtor mine in the Kyrgyz Republic, which has been in operation since the late 1990s and remains one of Central Asia’s largest gold mines.

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