Centerra Gold Inc. (CGAU)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Centerra Gold Inc. (“Centerra” or “the Company”) (NYSE: CGAU). Investors who purchased Centerra securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Centerra has violated federal securities laws.
On May 15, 2023, Centerra issued a press release reporting its financial and operating results for the first quarter of 2023. Among other items, Centerra reported a larger than expected loss for the quarter and revised its forecast for full-year gold production to near the low ends of its guidance. Centerra also advised that the Company was continuing to work with authorities to obtain the approvals necessary to restart operations at its Oksut mine in Turkey after mercury was detected in the gold room at the recovery plant during the quarter. On this news, Centerra’s stock price fell sharply during intraday trading on May 15, 2023.
If you are aware of any facts relating to this investigation or purchased Centerra shares, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.