Acadian Asset Management Reduces $7M in Centerra Gold Inc. ($CGAU)
Key Points
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Acadian Asset Management trimmed its position in Centerra Gold Inc. ($CGAU) by 5.14% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,710,584 shares of Centerra Gold Inc. after selling 417,899 shares during the quarter. Acadian Asset Management's holdings in Centerra Gold Inc. were worth $122.29 million as of its most recent filing.
Centerra Gold Inc. Stock Down 32.3%
Shares of Centerra Gold Inc. ($CGAU) traded around $15.86 on Saturday, down 32.3% for the day.
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Analysts Set New Price Targets
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 mine located in Türkiye; the Kemess project in British Columbia, Canada; the Goldfield District project in Nevada, United States; the Thompson Creek Mine in Idaho; and 75% owned the Endako Mine in British Columbia, Canada. The company was incorporated in 2002 and is headquartered in Toronto, Canada.
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