What is Desjardins’ Estimate for Centerra Gold Q2 Earnings?

Centerra Gold Inc. (NYSE:CGAU) – Desjardins issued their Q2 2025 earnings estimates for Centerra Gold in a research note issued to investors on Thursday, July 17th. Desjardins analyst A. Carson anticipates that the company will post earnings of $0.18 per share for the quarter. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share.

Centerra Gold (NYSE:CGAU) last posted its earnings results on Tuesday, May 6th. The company reported $0.12 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.12. The firm had revenue of $299.50 million for the quarter, compared to analyst estimates of $288.25 million. Centerra Gold had a return on equity of 8.71% and a net margin of 3.68%.

A number of other research firms have also recently commented on CGAU. National Bankshares reiterated an “outperform” rating on shares of Centerra Gold in a research report on Tuesday, June 24th. National Bank Financial raised shares of Centerra Gold to a “strong-buy” rating in a research note on Friday, March 21st. Scotiabank reiterated an “outperform” rating on shares of Centerra Gold in a report on Monday, April 14th. Cibc World Mkts raised shares of Centerra Gold from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 27th. Finally, CIBC restated an “outperform” rating on shares of Centerra Gold in a research report on Tuesday. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $13.00.

Centerra Gold Stock Down 1.7%

NYSE CGAU opened at $7.00 on Friday. Centerra Gold has a fifty-two week low of $5.41 and a fifty-two week high of $7.82. The business has a fifty day moving average of $7.11 and a 200-day moving average of $6.54. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 36.84, a price-to-earnings-growth ratio of 0.36 and a beta of 0.81.

Institutional Investors Weigh In On Centerra Gold

Hedge funds have recently modified their holdings of the stock. Millennium Management LLC raised its holdings in shares of Centerra Gold by 0.3% in the 4th quarter. Millennium Management LLC now owns 585,238 shares of the company’s stock worth $3,330,000 after purchasing an additional 1,663 shares during the period. Hsbc Holdings PLC increased its position in Centerra Gold by 4.7% during the 1st quarter. Hsbc Holdings PLC now owns 55,268 shares of the company’s stock worth $351,000 after purchasing an additional 2,499 shares in the last quarter. Toronto Dominion Bank increased its position in Centerra Gold by 8.8% during the 4th quarter. Toronto Dominion Bank now owns 36,901 shares of the company’s stock worth $210,000 after purchasing an additional 2,980 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in Centerra Gold by 2.0% during the 4th quarter. The Manufacturers Life Insurance Company now owns 181,755 shares of the company’s stock worth $1,036,000 after purchasing an additional 3,608 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new position in Centerra Gold in the second quarter valued at approximately $27,000. 55.40% of the stock is owned by institutional investors and hedge funds.

Centerra Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date was Thursday, May 22nd. Centerra Gold’s dividend payout ratio is currently 105.26%.

About Centerra Gold

Centerra Gold Inc, a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey.