Centerra Gold Inc. Declares Quarterly Dividend of $0.07 (TSE:CG)

Key Points

• Centerra Gold declared a quarterly dividend of C$0.07 per share, implying C$0.28 annualized and a 0.9% yield. Shareholders of record on September 2 will receive payment that day; the ex-dividend date is August 19.
• The company reported quarterly EPS of C$0.55 on revenue of C$629 million, with a 37.72% net margin and 30.90% return on equity.
• Centerra Gold shares opened at C$29.88, near their 52-week high of C$31.08, while insiders purchased 6,012 shares worth approximately C$141,595 over the past 90 days.

Centerra Gold Inc. (TSE:CG - Get Free Report) declared a quarterly dividend on Wednesday, August 19th, TickerTech Dividends reports. Shareholders of record on Wednesday, September 2nd will be paid a dividend of 0.07 per share on Wednesday, September 2nd. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 19th.

Centerra Gold Stock Performance

TSE:CG opened at C$29.88 on Monday. The company has a fifty day simple moving average of C$23.97 and a two-hundred day simple moving average of C$24.58. The company has a market cap of C$5.84 billion, a price-to-earnings ratio of 9.55, a price-to-earnings-growth ratio of 1.26 and a beta of 1.83. The company has a quick ratio of 3.24, a current ratio of 2.42 and a debt-to-equity ratio of 2.11. Centerra Gold has a 52 week low of C$9.66 and a 52 week high of C$31.08.

Centerra Gold (TSE:CG - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported C$0.55 earnings per share (EPS) for the quarter. The business had revenue of C$629.00 million for the quarter. Centerra Gold had a return on equity of 30.90% and a net margin of 37.72%.

Insider Buying and Selling at Centerra Gold

In other Centerra Gold news, Director Paul Nicholas Wright bought 5,000 shares of the company's stock in a transaction that occurred on Tuesday, May 19th. The shares were purchased at an average price of C$22.31 per share, with a total value of C$111,550.00. Following the completion of the acquisition, the director directly owned 130,000 shares of the company's stock, valued at C$2,900,300. This represents a 4.00% increase in their position. Also, Director Wendy Wai Ting Kei bought 1,000 shares of the company's stock in a transaction that occurred on Thursday, August 13th. The stock was acquired at an average cost of C$29.76 per share, for a total transaction of C$29,760.00. Following the acquisition, the director directly owned 5,172 shares of the company's stock, valued at C$153,918.72. The trade was a 23.97% increase in their ownership of the stock. Over the last ninety days, insiders have bought 6,012 shares of company stock valued at $141,595. Corporate insiders own 0.21% of the company's stock.

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. The Company also owns the Kemess Project in British Columbia, Canada, the Goldfield Project in Nevada, United States, and owns and operates the Molybdenum Business Unit in the United States and Canada.

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