Cormark Issues Negative Forecast for Centerra Gold Earnings

Centerra Gold Inc. (NYSE:CGAU) – Research analysts at Cormark dropped their Q3 2025 earnings per share estimates for Centerra Gold in a research report issued on Monday, September 15th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.05 per share for the quarter, down from their previous estimate of $0.09. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share.

Several other analysts have also recently weighed in on CGAU. Royal Bank Of Canada cut Centerra Gold from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from $13.00 to $14.00 in a report on Wednesday, September 10th. Scotiabank reduced their target price on Centerra Gold from $12.00 to $9.50 and set a “sector outperform” rating on the stock in a report on Tuesday. Wall Street Zen upgraded Centerra Gold from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Cibc World Mkts upgraded Centerra Gold from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 27th. Finally, National Bankshares reiterated an “outperform” rating on shares of Centerra Gold in a report on Tuesday, June 24th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.83.

Centerra Gold Trading Down 2.1%

NYSE:CGAU opened at $9.05 on Tuesday. The stock has a market cap of $1.83 billion, a P/E ratio of 27.43, a price-to-earnings-growth ratio of 2.51 and a beta of 0.82. The stock’s 50-day moving average is $7.67 and its 200-day moving average is $7.01. Centerra Gold has a 1-year low of $5.41 and a 1-year high of $9.43.

Centerra Gold (NYSE:CGAU) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.08. The company had revenue of $288.30 million for the quarter, compared to analysts’ expectations of $319.42 million. Centerra Gold had a return on equity of 9.12% and a net margin of 6.21%.

Hedge Funds Weigh In On Centerra Gold

Several institutional investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. lifted its stake in Centerra Gold by 63.0% in the second quarter. Osaic Holdings Inc. now owns 4,758 shares of the company’s stock valued at $34,000 after buying an additional 1,839 shares during the period. Man Group plc lifted its stake in Centerra Gold by 9.7% in the second quarter. Man Group plc now owns 3,649,899 shares of the company’s stock valued at $26,241,000 after buying an additional 323,860 shares during the period. BNP Paribas Financial Markets lifted its stake in Centerra Gold by 104.4% in the second quarter. BNP Paribas Financial Markets now owns 150,544 shares of the company’s stock valued at $1,085,000 after buying an additional 76,903 shares during the period. Bank of America Corp DE lifted its stake in Centerra Gold by 71.2% in the second quarter. Bank of America Corp DE now owns 2,521,903 shares of the company’s stock valued at $18,183,000 after buying an additional 1,049,152 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Centerra Gold by 12.1% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 138,823 shares of the company’s stock valued at $998,000 after buying an additional 14,985 shares during the period. 55.40% of the stock is owned by institutional investors and hedge funds.

Centerra Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were paid a $0.07 dividend. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $0.28 annualized dividend and a yield of 3.1%. Centerra Gold’s payout ratio is 60.61%.

Centerra Gold Company Profile

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.