FY2025 Earnings Estimate for Centerra Gold Issued By Cormark

Centerra Gold Inc. (NYSE:CGAUFree Report) – Analysts at Cormark raised their FY2025 earnings per share estimates for Centerra Gold in a report released on Monday, August 11th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.71 for the year, up from their previous estimate of $0.66. 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 $0.24 EPS, FY2026 earnings at $0.85 EPS and FY2027 earnings at $1.30 EPS.

Centerra Gold (NYSE:CGAUGet Free Report) last announced its earnings results on Wednesday, August 6th. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.08. The business had revenue of $288.30 million for the quarter, compared to analysts’ expectations of $319.42 million. Centerra Gold had a return on equity of 9.12% and a net margin of 6.21%.

Several other research analysts also recently commented on CGAU. Cibc World Mkts raised Centerra Gold from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 27th. Wall Street Zen raised Centerra Gold from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. BMO Capital Markets downgraded Centerra Gold from an “outperform” rating to a “market perform” rating in a research note on Friday, August 8th. National Bankshares reaffirmed an “outperform” rating on shares of Centerra Gold in a research note on Tuesday, June 24th. Finally, CIBC reaffirmed an “outperform” rating on shares of Centerra Gold in a research note on Tuesday, July 15th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Centerra Gold currently has an average rating of “Moderate Buy” and an average price target of $13.00.

Read Our Latest Report on Centerra Gold

Centerra Gold Stock Performance

Shares of NYSE:CGAU opened at $7.02 on Tuesday. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 21.27, a PEG ratio of 0.45 and a beta of 0.80. The stock’s 50-day simple moving average is $7.21 and its two-hundred day simple moving average is $6.71. Centerra Gold has a 52-week low of $5.41 and a 52-week high of $7.82.

Centerra Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 21st will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Thursday, August 21st. Centerra Gold’s dividend payout ratio (DPR) is 60.61%.

Institutional Trading of Centerra Gold

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Capula Management Ltd bought a new stake in Centerra Gold during the 2nd quarter valued at approximately $137,000. Diametric Capital LP bought a new stake in Centerra Gold during the 2nd quarter valued at approximately $112,000. Invesco Ltd. raised its stake in Centerra Gold by 20.1% during the 2nd quarter. Invesco Ltd. now owns 2,619,837 shares of the company’s stock valued at $18,889,000 after purchasing an additional 439,116 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in Centerra Gold by 7.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 6,530,167 shares of the company’s stock valued at $47,077,000 after purchasing an additional 443,441 shares during the period. Finally, Quantbot Technologies LP raised its stake in Centerra Gold by 15.9% during the 2nd quarter. Quantbot Technologies LP now owns 117,567 shares of the company’s stock valued at $848,000 after purchasing an additional 16,092 shares during the period. Institutional investors own 55.40% of the company’s stock.

About Centerra Gold

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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 are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey.

See Also

Earnings History and Estimates for Centerra Gold (NYSE:CGAU)

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