Cormark Weighs in on Centerra Gold’s Q3 Earnings (NYSE:CGAU)

Centerra Gold Inc. (NYSE:CGAU) – Cormark cut their Q3 2025 earnings per share (EPS) estimates for Centerra Gold in a report issued on Monday, August 11th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.09 for the quarter, down from their prior estimate of $0.19. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share.

Centerra Gold (NYSE:CGAU) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.08. Centerra Gold had a return on equity of 9.12% and a net margin of 6.21%. The firm had revenue of $288.30 million for the quarter, compared to the consensus estimate of $319.42 million.

Other equities research analysts also recently issued research reports about the company. BMO Capital Markets downgraded Centerra Gold from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 8th. CIBC restated an “outperform” rating on shares of Centerra Gold in a research report on Tuesday, July 15th. Wall Street Zen upgraded Centerra Gold from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. National Bankshares restated an “outperform” rating on shares of Centerra Gold in a research report on Tuesday, June 24th. Finally, Cibc World Mkts upgraded Centerra Gold from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 27th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.00.

Centerra Gold Stock Down 0.6%

NYSE:CGAU opened at $7.01 on Wednesday. Centerra Gold has a 52 week low of $5.41 and a 52 week high of $7.82. The company has a market capitalization of $1.43 billion, a P/E ratio of 21.24, a P/E/G ratio of 0.44 and a beta of 0.80. The stock’s fifty day moving average is $7.20 and its two-hundred day moving average is $6.72.

Centerra Gold Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 21st will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Thursday, August 21st. Centerra Gold’s payout ratio is currently 60.61%.

Institutional Investors Weigh In On Centerra Gold

Several institutional investors and hedge funds have recently modified their holdings of CGAU. Goldman Sachs Group Inc. raised its holdings in shares of Centerra Gold by 57.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,344,727 shares of the company’s stock valued at $84,739,000 after buying an additional 4,853,494 shares during the period. Nuveen LLC purchased a new stake in shares of Centerra Gold in the 1st quarter valued at $14,634,000. Acadian Asset Management LLC raised its holdings in shares of Centerra Gold by 26.2% in the 2nd quarter. Acadian Asset Management LLC now owns 8,494,055 shares of the company’s stock valued at $61,027,000 after buying an additional 1,761,904 shares during the period. Waratah Capital Advisors Ltd. raised its holdings in shares of Centerra Gold by 29.9% in the 2nd quarter. Waratah Capital Advisors Ltd. now owns 6,678,897 shares of the company’s stock valued at $48,155,000 after buying an additional 1,537,692 shares during the period. Finally, Pale Fire Capital SE raised its holdings in shares of Centerra Gold by 52.6% in the 1st quarter. Pale Fire Capital SE now owns 3,467,298 shares of the company’s stock valued at $22,017,000 after buying an additional 1,194,500 shares during the period. Hedge funds and other institutional investors own 55.40% of the company’s stock.

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.