Cormark Comments on Centerra Gold’s Q2 Earnings (NYSE:CGAU)

Centerra Gold Inc. (NYSE:CGAU) – Stock analysts at Cormark raised their Q2 2025 earnings estimates for shares of Centerra Gold in a note issued to investors on Wednesday, May 7th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.15 for the quarter, up from their previous forecast of $0.14. Cormark has a “Hold” rating on the stock. 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 $0.19 EPS.

Centerra Gold (NYSE:CGAU) last posted its earnings results on Tuesday, May 6th. The company reported $0.12 earnings per share for the quarter, meeting the consensus estimate of $0.12. The business had revenue of $299.50 million during the quarter, compared to the consensus estimate of $288.25 million. Centerra Gold had a return on equity of 8.83% and a net margin of 6.62%.

Several other research analysts also recently issued reports on CGAU. National Bankshares reissued an “outperform” rating on shares of Centerra Gold in a research report on Wednesday, April 23rd. Scotiabank reissued an “outperform” rating on shares of Centerra Gold in a report on Monday, April 14th. National Bank Financial raised Centerra Gold to a “strong-buy” rating in a research note on Friday, March 21st. Raymond James reiterated an “outperform” rating on shares of Centerra Gold in a research note on Friday, April 4th. Finally, CIBC restated a “neutral” rating on shares of Centerra Gold in a research note on Thursday, March 20th. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Centerra Gold presently has an average rating of “Moderate Buy” and a consensus price target of $12.00.

Centerra Gold Trading Up 2.5 %

CGAU stock opened at $7.28 on Friday. The company has a market capitalization of $1.53 billion, a P/E ratio of 20.22 and a beta of 0.80. The business has a 50 day simple moving average of $6.34 and a 200-day simple moving average of $6.21. Centerra Gold has a twelve month low of $5.41 and a twelve month high of $7.82.

Hedge Funds Weigh In On Centerra Gold

A number of large investors have recently modified their holdings of CGAU. Barclays PLC grew its holdings in Centerra Gold by 284.5% during the third quarter. Barclays PLC now owns 74,930 shares of the company’s stock worth $537,000 after acquiring an additional 55,444 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Centerra Gold by 9.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 385,199 shares of the company’s stock worth $2,758,000 after purchasing an additional 33,420 shares during the period. Ritholtz Wealth Management increased its holdings in shares of Centerra Gold by 285.2% in the 4th quarter. Ritholtz Wealth Management now owns 97,025 shares of the company’s stock valued at $552,000 after purchasing an additional 71,835 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Centerra Gold in the fourth quarter valued at about $59,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Centerra Gold during the fourth quarter worth about $80,000. 55.40% of the stock is owned by hedge funds and other institutional investors.

Centerra Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 22nd will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend is Thursday, May 22nd. Centerra Gold’s dividend payout ratio is presently 100.00%.

Centerra Gold Company Profile

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.