FY2025 EPS Estimates for Centerra Gold Reduced by Scotiabank

Centerra Gold Inc. (TSE:CG) – Equities research analysts at Scotiabank lowered their FY2025 earnings estimates for shares of Centerra Gold in a report released on Wednesday, March 19th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $0.53 for the year, down from their prior estimate of $0.65. Scotiabank also issued estimates for Centerra Gold’s FY2026 earnings at $0.50 EPS.

Other equities research analysts have also issued research reports about the company. Royal Bank of Canada reduced their price objective on Centerra Gold from C$12.00 to C$11.00 in a research report on Tuesday, January 7th. TD Securities lowered their price objective on Centerra Gold from C$13.00 to C$12.00 and set a “buy” rating for the company in a research note on Friday, March 7th. National Bankshares lifted their target price on shares of Centerra Gold from C$12.00 to C$12.50 and gave the stock an “outperform” rating in a research report on Wednesday, March 19th. Cormark cut shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Finally, Desjardins lowered shares of Centerra Gold from a “buy” rating to a “hold” rating and cut their price target for the stock from C$12.75 to C$11.00 in a report on Thursday, February 13th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Centerra Gold currently has a consensus rating of “Hold” and an average target price of C$11.58.

Centerra Gold Price Performance

Shares of TSE:CG opened at C$8.75 on Monday. The firm has a 50 day simple moving average of C$8.79 and a 200 day simple moving average of C$8.90. The company has a market cap of C$1.31 billion, a price-to-earnings ratio of 12.68, a PEG ratio of 1.26 and a beta of 1.23. Centerra Gold has a one year low of C$7.68 and a one year high of C$10.59. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.60 and a quick ratio of 3.24.

Insider Activity at Centerra Gold

In other news, Director Paul Nicholas Wright purchased 35,000 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average cost of C$8.11 per share, with a total value of C$283,752.00. Also, Senior Officer Claudia D’orazio sold 3,831 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of C$8.28, for a total value of C$31,720.68. 0.21% of the stock is owned by corporate insiders.

Centerra Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 27th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date of this dividend is Thursday, March 13th. Centerra Gold’s dividend payout ratio is 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.