Centerra Gold (CGAU) Projected to Post Quarterly Earnings on Wednesday

Key Points

• Centerra Gold is set to announce its Q2 2025 earnings on August 6th, expecting earnings of $0.21 per share and revenue of $319.42 million for the quarter.
• The company recently paid a quarterly dividend of $0.07 per share, reflecting an annual yield of 3.94%.
• Institutional investors hold 55.40% of Centerra Gold's stock, with recent significant stake increases including a 57.2% raise by Goldman Sachs.

Centerra Gold (NYSE:CGAU - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $319.42 million for the quarter.

Centerra Gold (NYSE:CGAU - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.12 earnings per share for the quarter, meeting analysts' consensus estimates of $0.12. The firm had revenue of $299.50 million for the quarter, compared to analysts' expectations of $288.25 million. Centerra Gold had a return on equity of 8.71% and a net margin of 3.68%. On average, analysts expect Centerra Gold to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Centerra Gold Trading Up 3.7%

Centerra Gold stock traded up $0.25 during midday trading on Friday, hitting $7.05. The stock had a trading volume of 197,121 shares, compared to its average volume of 897,009. 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 $1.46 billion, a PE ratio of 37.10, a P/E/G ratio of 0.32 and a beta of 0.81. The firm's fifty day moving average is $7.22 and its two-hundred day moving average is $6.63.

Centerra Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd were given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Thursday, May 22nd. Centerra Gold's payout ratio is presently 105.26%.

Institutional Investors Weigh In On Centerra Gold

A number of institutional investors and hedge funds have recently modified their holdings of the business. Goldman Sachs Group Inc. raised its stake in shares of Centerra Gold by 57.2% during the first quarter. Goldman Sachs Group Inc. now owns 13,344,727 shares of the company's stock valued at $84,739,000 after acquiring an additional 4,853,494 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of Centerra Gold during the first quarter valued at $218,000. Cubist Systematic Strategies LLC bought a new stake in shares of Centerra Gold in the first quarter valued at about $192,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Centerra Gold in the first quarter valued at about $97,000. 55.40% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CGAU has been the topic of several research reports. National Bankshares reaffirmed an "outperform" rating on shares of Centerra Gold in a report on Tuesday, June 24th. Scotiabank restated an "outperform" rating on shares of Centerra Gold in a research report on Monday, April 14th. Raymond James Financial reaffirmed an "outperform" rating on shares of Centerra Gold in a research note on Friday, April 4th. CIBC reissued an "outperform" rating on shares of Centerra Gold in a research note on Tuesday, July 15th. Finally, Cibc World Mkts upgraded shares of Centerra Gold from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 27th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $13.00.

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.