FY2025 Earnings Estimate for Centerra Gold Issued By Cormark

Centerra Gold Inc. (NYSE:CGAUFree Report) – Investment analysts at Cormark dropped their FY2025 earnings per share (EPS) estimates for shares of Centerra Gold in a research note issued to investors on Monday, September 15th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.52 for the year, down from their prior estimate of $0.71. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share. Cormark also issued estimates for Centerra Gold’s Q4 2025 earnings at $0.09 EPS.

Several other equities analysts also recently weighed in on CGAU. CIBC reaffirmed an “outperform” rating on shares of Centerra Gold in a research report on Tuesday, July 15th. Scotiabank dropped their target price on Centerra Gold from $12.00 to $9.50 and set a “sector outperform” rating for the company in a research report on Tuesday. Royal Bank Of Canada downgraded Centerra Gold from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from $13.00 to $14.00 in a research report on Wednesday, September 10th. BMO Capital Markets reiterated a “market perform” rating on shares of Centerra Gold in a research note on Monday. Finally, Cibc World Mkts upgraded Centerra Gold from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 27th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Centerra Gold currently has an average rating of “Moderate Buy” and a consensus target price of $12.83.

Check Out Our Latest Research Report on CGAU

Centerra Gold Price Performance

NYSE CGAU opened at $9.17 on Wednesday. The company has a market cap of $1.86 billion, a P/E ratio of 27.79, a P/E/G ratio of 2.47 and a beta of 0.82. The stock has a 50-day moving average of $7.71 and a two-hundred day moving average of $7.03. Centerra Gold has a 1-year low of $5.41 and a 1-year high of $9.43.

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

Centerra Gold Dividend Announcement

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

Institutional Investors Weigh In On Centerra Gold

Institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC purchased a new stake in Centerra Gold during the second quarter worth approximately $27,000. Osaic Holdings Inc. lifted its stake in Centerra Gold by 63.0% during the second quarter. Osaic Holdings Inc. now owns 4,758 shares of the company’s stock worth $34,000 after purchasing an additional 1,839 shares during the last quarter. Pinnacle Holdings LLC purchased a new stake in Centerra Gold during the first quarter worth approximately $39,000. Vise Technologies Inc. purchased a new stake in Centerra Gold during the fourth quarter worth approximately $58,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in Centerra Gold during the fourth quarter worth approximately $79,000. Hedge funds and other institutional investors own 55.40% of the company’s stock.

About Centerra Gold

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Centerra Gold (NYSE:CGAU)

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