Cormark Comments on Centerra Gold’s Q2 Earnings (TSE:CG)

Centerra Gold Inc. (TSE:CG) – Research analysts at Cormark issued their Q2 2025 EPS estimates for shares of Centerra Gold in a research note issued on Wednesday, February 26th. Cormark analyst R. Gray expects that the company will post earnings of $0.20 per share for the quarter. Cormark currently has a “Hold” rating on the stock. Cormark also issued estimates for Centerra Gold’s Q4 2025 earnings at $0.20 EPS, FY2025 earnings at $0.65 EPS and FY2025 earnings at $0.65 EPS.

A number of other research firms have also recently weighed in on CG. Desjardins cut shares of Centerra Gold from a “buy” rating to a “hold” rating and lowered their target price for the company from C$12.75 to C$11.00 in a research note on Thursday, February 13th. CIBC lowered their target price on shares of Centerra Gold from C$12.50 to C$9.80 in a research note on Monday, December 2nd. Royal Bank of Canada lowered their target price on shares of Centerra Gold from C$12.00 to C$11.00 in a research note on Tuesday, January 7th. Finally, Raymond James decreased their price target on shares of Centerra Gold from C$13.00 to C$12.50 in a research note on Monday, November 4th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Centerra Gold has an average rating of “Hold” and an average price target of C$11.40.

Centerra Gold Stock Up 1.1 %

CG opened at C$8.29 on Friday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.24 and a current ratio of 3.60. Centerra Gold has a fifty-two week low of C$6.79 and a fifty-two week high of C$10.59. The firm’s fifty day moving average is C$8.72 and its 200 day moving average is C$9.03. The stock has a market cap of C$1.25 billion, a price-to-earnings ratio of 12.01, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23.

Insiders Place Their Bets

In other Centerra Gold news, Director Paul Nicholas Wright bought 35,000 shares of the firm’s stock in a transaction dated Friday, February 28th. The shares were purchased at an average cost of C$8.11 per share, for a total transaction of C$283,752.00. Corporate insiders own 0.21% of the company’s stock.

Centerra Gold Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 27th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 3.38%. The ex-dividend date of this dividend is Thursday, March 13th. Centerra Gold’s payout ratio is currently 40.58%.

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.