Cormark Analysts Reduce Earnings Estimates for Centerra Gold

Key Points

• Cormark has revised its FY2025 earnings per share estimate for Centerra Gold down to $0.72, previously set at $0.97, alongside a Q4 2025 estimate of $0.12 EPS.
• Analysts have mixed ratings for the stock, with two rating it as a Strong Buy, three as Buy, and five as Hold, while the average consensus target price is currently C$12.47.
• Centerra Gold declared a quarterly dividend of $0.07 per share, leading to an annualized dividend of $0.28 and a yield of 2.2%.

Centerra Gold Inc. (TSE:CG - Free Report) - Research analysts at Cormark reduced their FY2025 earnings estimates for Centerra Gold in a research note issued to investors on Monday, September 15th. Cormark analyst R. Gray now forecasts that the company will earn $0.72 per share for the year, down from their previous forecast of $0.97. Cormark also issued estimates for Centerra Gold's Q4 2025 earnings at $0.12 EPS.

Several other research firms have also issued reports on CG. Raymond James Financial upped their price target on shares of Centerra Gold from C$13.00 to C$13.50 in a research report on Thursday, August 21st. Cibc World Mkts raised shares of Centerra Gold from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 27th. BMO Capital Markets increased their price objective on shares of Centerra Gold from C$10.00 to C$14.00 in a research report on Monday. Finally, Royal Bank Of Canada lowered shares of Centerra Gold from a "moderate buy" rating to a "hold" rating and increased their price objective for the company from C$13.00 to C$14.00 in a research report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$12.47.

Centerra Gold Stock Up 3.1%

CG traded up C$0.39 during trading hours on Wednesday, hitting C$13.13. 9,754,879 shares of the company's stock were exchanged, compared to its average volume of 898,085. Centerra Gold has a 1-year low of C$7.72 and a 1-year high of C$13.18. The stock's 50-day moving average is C$10.73 and its two-hundred day moving average is C$9.81. The stock has a market cap of C$2.67 billion, a price-to-earnings ratio of 38.62, a PEG ratio of 1.26 and a beta of 1.24. The company has a quick ratio of 3.24, a current ratio of 3.60 and a debt-to-equity ratio of 1.26.

Centerra Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, September 4th were paid a $0.07 dividend. The ex-dividend date was Thursday, August 21st. This represents a $0.28 annualized dividend and a dividend yield of 2.1%. Centerra Gold's dividend payout ratio is 59.31%.

About Centerra Gold

Centerra Gold Inc is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye.