Analysts Offer Predictions for Centerra Gold FY2025 Earnings

Key Points

• Cormark has raised its FY2025 earnings per share estimate for Centerra Gold from $0.92 to $0.97, reflecting increased optimism for the company's performance.
• Centerra Gold's quarterly dividend of $0.07 per share will be paid on September 4th, 2023, representing an annualized yield of 2.9%.
• Despite mixed ratings from analysts, the average consensus target price for Centerra Gold is C$11.76, indicating a moderate buy outlook.

Centerra Gold Inc. (TSE:CG - Free Report) - Equities researchers at Cormark boosted their FY2025 EPS estimates for shares of Centerra Gold in a report released on Monday, August 11th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.97 for the year, up from their previous estimate 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.

CG has been the subject of a number of other reports. 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 cut shares of Centerra Gold from a "strong-buy" rating to a "hold" rating and reduced their price target for the company from C$14.00 to C$10.00 in a research report on Friday, August 8th. Finally, Royal Bank Of Canada boosted their price target on shares of Centerra Gold from C$12.00 to C$13.00 in a research report on Wednesday, June 4th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$11.76.

Centerra Gold Stock Up 3.3%

Shares of CG stock traded up C$0.32 on Tuesday, reaching C$10.02. 1,210,970 shares of the stock were exchanged, compared to its average volume of 783,781. The company has a current ratio of 3.60, a quick ratio of 3.24 and a debt-to-equity ratio of 1.26. The business's 50 day moving average price is C$9.86 and its 200 day moving average price is C$9.37. The company has a market capitalization of C$1.50 billion, a price-to-earnings ratio of 14.52, a PEG ratio of 1.26 and a beta of 1.23. Centerra Gold has a twelve month low of C$7.72 and a twelve month high of C$10.59.

Centerra Gold Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, September 4th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $0.28 dividend on an annualized basis and a yield of 2.8%. Centerra Gold's dividend payout ratio (DPR) is currently 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.