Cormark Issues Optimistic Outlook for Centerra Gold Earnings

Centerra Gold Inc. (TSE:CG - Free Report) - Investment analysts at Cormark increased their Q2 2025 EPS estimates for shares of Centerra Gold in a research report issued on Wednesday, May 7th. Cormark analyst R. Gray now anticipates that the company will earn $0.21 per share for the quarter, up from their prior estimate of $0.20. Cormark currently has a "Hold" rating on the stock. Cormark also issued estimates for Centerra Gold's Q4 2025 earnings at $0.27 EPS.

Several other brokerages have also recently issued reports on CG. TD Securities cut their target price on shares of Centerra Gold from C$13.00 to C$12.00 and set a "buy" rating on the stock in a report on Friday, March 7th. Raymond James raised their target price on shares of Centerra Gold from C$12.00 to C$13.50 in a report on Friday, April 4th. Desjardins cut Centerra Gold from a "buy" rating to a "hold" rating and dropped their price objective for the stock from C$12.75 to C$11.00 in a report on Thursday, February 13th. CIBC raised their price target on Centerra Gold from C$9.80 to C$10.30 and gave the stock a "neutral" rating in a research note on Thursday, March 20th. Finally, National Bankshares lifted their price target on shares of Centerra Gold from C$12.00 to C$12.50 and gave the company an "outperform" rating in a report on Wednesday, March 19th. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of C$12.09.

Centerra Gold Price Performance

Shares of TSE:CG traded up C$0.27 during trading on Friday, reaching C$10.15. The company had a trading volume of 699,233 shares, compared to its average volume of 737,728. 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 stock has a market capitalization of C$1.52 billion, a P/E ratio of 14.71, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23. The company has a fifty day moving average of C$8.94 and a two-hundred day moving average of C$8.81. Centerra Gold has a 12 month low of C$7.72 and a 12 month high of C$10.59.

Centerra Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, June 5th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date is Thursday, May 22nd. Centerra Gold's dividend payout ratio (DPR) is presently 40.58%.

Insider Activity at Centerra Gold

In other Centerra Gold news, Senior Officer Claudia D'orazio sold 3,831 shares of the business's stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of C$8.28, for a total transaction of C$31,720.68. Also, Director Paul Botond Stilicho Tomory sold 8,563 shares of the stock in a transaction dated Friday, March 7th. The shares were sold at an average price of C$8.28, for a total transaction of C$70,901.64. 0.21% of the stock is owned by insiders.

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.