Centerra Gold (TSX:CG) Construction In Progress: C$387 Mil (As of Mar. 2026)


TSX:CG Centerra Gold Inc TSX:CG
91 GF Score
Price C$22.97
GF Value C$14.24
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Centerra Gold Construction In Progress?

Centerra Gold TSX:CG +2.23% 91 Construction In Progress is C$387 Mil as of Mar. 2026. GuruFocus rates TSX:CG with a GF Score™ of 91/100 and a GF Value™ of C$14.24 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Centerra Gold's quarterly construction in progress increased from Sep. 2025 (C$253 Mil) to Dec. 2025 (C$355 Mil) and increased from Dec. 2025 (C$355 Mil) to Mar. 2026 (C$387 Mil).

Centerra Gold's annual construction in progress increased from Dec. 2023 (C$95 Mil) to Dec. 2024 (C$154 Mil) and increased from Dec. 2024 (C$154 Mil) to Dec. 2025 (C$355 Mil).

Centerra Gold Construction In Progress Historical Data

* Premium members only.

The historical data trend for Centerra Gold's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Centerra Gold Construction In Progress Chart

Centerra Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.99 64.72 94.52 154.31 355.05

Centerra Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 161.72 197.78 253.17 355.05 387.00
TSX:CG
91GF Score
Centerra Gold Inc TSX:CG
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Centerra Gold Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of C$387 Mil mean?
Centerra Gold (TSX:CG) has a Construction In Progress of C$387 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Centerra Gold and its competitors.
Is Centerra Gold's Construction In Progress too high?
Centerra Gold's current Construction In Progress is C$387 Mil. Overall, Centerra Gold has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centerra Gold's Construction In Progress compare to NEM and AU?
Centerra Gold's Construction In Progress of C$387 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Centerra Gold and its competitors. Centerra Gold's current Construction In Progress is C$387 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centerra Gold stock overvalued right now?
Based on GuruFocus' analysis, Centerra Gold (TSX:CG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.24, compared to a current price of C$22.97 — trading 61.3% above its estimated fair value. The current Construction In Progress is C$387 Mil. Centerra Gold's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Centerra Gold (TSX:CG), the current Construction In Progress is C$387 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Centerra Gold (TSX:CG) Overvalued in 2026?

Based on GuruFocus' analysis, Centerra Gold stock appears to be overvalued. The current stock price of C$22.97 is trading 61.3% above its estimated GF Value™ of C$14.24. GuruFocus considers Centerra Gold to be Significantly Overvalued.

Key valuation signals for TSX:CG:

  • Construction In Progress: C$387 Mil
  • GF Value™: C$14.24 vs. price of C$22.97 (61.3% above fair value)
  • GF Score™: 91/100 with 1 warning sign

No single metric tells the full story. See the TSX:CG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Centerra Gold Business Description

Other Exchanges CGAU:USA0UP5:UKGOU:Germany
Address 1 University Avenue, Suite 1800, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc is principally focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets world-wide. The company reportable operating segments are Oksut; Mount Milligan; and Molybdenum. It derives maximum revenue from Mount Milligan segment. Geographically, it operates in Turkey, United States, and Canada.
91GF Score

Get the complete analysis for TSX:CG

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$22.97
Price
C$14.24
GF Value