Cormark Issues Positive Estimate for Centerra Gold Earnings

Centerra Gold Inc. (TSE:CG) – Research analysts at Cormark boosted their FY2025 earnings estimates for Centerra Gold in a research note issued to investors on Monday, August 11th. Cormark analyst R. Gray now forecasts that the company will earn $0.97 per share for the year, up from their previous forecast of $0.92. Cormark also issued estimates for Centerra Gold’s Q4 2025 earnings at $0.33 EPS and FY2027 earnings at $1.78 EPS.

A number of other analysts have also recently commented on CG. Cibc World Mkts upgraded shares of Centerra Gold from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 27th. Royal Bank Of Canada increased their price target on shares of Centerra Gold from C$12.00 to C$13.00 in a research note on Wednesday, June 4th. Finally, BMO Capital Markets cut shares of Centerra Gold from an “outperform” rating to a “market perform” rating and cut their price target for the company from C$14.00 to C$10.00 in a research note on Friday, August 8th. Four analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$11.76.

Centerra Gold Stock Performance

Shares of CG opened at C$9.65 on Tuesday. Centerra Gold has a 12 month low of C$7.72 and a 12 month high of C$10.59. The firm has a fifty day simple moving average of C$9.87 and a 200 day simple moving average of C$9.36. The stock has a market capitalization of C$1.45 billion, a price-to-earnings ratio of 13.98, a PEG ratio of 1.26 and a beta of 1.23. The company has a current ratio of 3.60, a quick ratio of 3.24 and a debt-to-equity ratio of 1.26.

Centerra Gold Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, September 4th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Thursday, August 21st. Centerra Gold’s dividend payout ratio (DPR) is presently 40.58%.

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.