FY2027 EPS Estimates for Centerra Gold Lifted by Scotiabank

Centerra Gold Inc. (TSE:CG) – Equities researchers at Scotiabank raised their FY2027 earnings per share estimates for shares of Centerra Gold in a research note issued on Wednesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $1.78 per share for the year, up from their previous forecast of $1.62.

Separately, Desjardins increased their target price on shares of Centerra Gold from C$30.00 to C$33.00 and gave the stock a “hold” rating in a research report on Thursday, April 23rd. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$27.36.

Centerra Gold Stock Performance

Shares of CG opened at C$21.16 on Monday. The company’s 50 day moving average price is C$23.14 and its 200 day moving average price is C$24.07. Centerra Gold has a 52 week low of C$9.25 and a 52 week high of C$28.97. The company has a market capitalization of C$4.20 billion, a PE ratio of 6.83, a PEG ratio of 1.26 and a beta of 1.83. The company has a debt-to-equity ratio of 2.09, a quick ratio of 3.24 and a current ratio of 2.41.

Centerra Gold (TSE:CG) last issued its earnings results on Wednesday, April 29th. The company reported C$0.61 earnings per share for the quarter. The company had revenue of C$673.87 million for the quarter. Centerra Gold had a return on equity of 32.55% and a net margin of 41.28%.

Centerra Gold Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, June 4th were paid a $0.07 dividend. The ex-dividend date was Thursday, May 21st. This represents a $0.28 dividend on an annualized basis and a yield of 1.3%. Centerra Gold’s payout ratio is 6.52%.

Insider Activity

In other news, Director Eric Dell sold 7,827 shares of Centerra Gold stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of C$22.97, for a total transaction of C$179,786.19. Also, Director Paul Nicholas Wright purchased 5,000 shares of Centerra Gold stock in a transaction dated Tuesday, May 19th. The shares were purchased at an average price of C$22.31 per share, with a total value of C$111,550.00. Following the completion of the acquisition, the director owned 130,000 shares in the company, valued at C$2,900,300. The trade was a 4.00% increase in their ownership of the stock. Over the last ninety days, insiders sold 10,252 shares of company stock worth $235,442. Insiders own 0.21% of the company’s stock.

Centerra Gold Company Profile

Centerra Gold Inc is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Goldfield District Project in Nevada, United States, the Kemess Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada.