Centerra Gold Inc. (TSE:CG) Forecasted to Post Q4 2023 Earnings of $0.36 Per Share

Centerra Gold Inc. (TSE:CGFree Report) – Investment analysts at National Bank Financial issued their Q4 2023 earnings estimates for shares of Centerra Gold in a report issued on Monday, February 5th. National Bank Financial analyst S. Nagle forecasts that the company will earn $0.36 per share for the quarter. National Bank Financial has a “Outperform Spec Overweight” rating on the stock. The consensus estimate for Centerra Gold’s current full-year earnings is $0.68 per share. National Bank Financial also issued estimates for Centerra Gold’s FY2024 earnings at $0.27 EPS.

CG has been the topic of several other research reports. Canaccord Genuity Group cut their target price on Centerra Gold from C$10.00 to C$9.00 in a research note on Tuesday, October 24th. CIBC dropped their price objective on Centerra Gold from C$11.00 to C$9.50 and set an “outperform” rating on the stock in a research note on Wednesday. Desjardins dropped their price objective on Centerra Gold from C$12.00 to C$11.75 and set a “buy” rating on the stock in a research note on Tuesday, January 9th. Bank of America dropped their price objective on Centerra Gold from C$8.35 to C$8.30 in a research note on Wednesday, October 18th. Finally, Raymond James raised their price objective on Centerra Gold from C$11.00 to C$12.00 in a research note on Friday, January 12th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$10.23.

Check Out Our Latest Analysis on Centerra Gold

Centerra Gold Stock Performance

Centerra Gold stock opened at C$7.08 on Wednesday. Centerra Gold has a 1 year low of C$6.17 and a 1 year high of C$10.28. The company’s 50-day moving average is C$7.62 and its two-hundred day moving average is C$7.53. The company has a current ratio of 3.67, a quick ratio of 3.24 and a debt-to-equity ratio of 0.30. The company has a market cap of C$1.53 billion, a PE ratio of -7.22, a PEG ratio of 1.26 and a beta of 1.18.

Centerra Gold Company Profile

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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 include 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 (TSE:CG)

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