Cormark Issues Positive Outlook for Centerra Gold Earnings

Centerra Gold Inc. (TSE:CG - Free Report) - Equities research analysts at Cormark increased their Q3 2025 earnings estimates for Centerra Gold in a research report issued to clients and investors on Wednesday, May 7th. Cormark analyst R. Gray now anticipates that the company will earn $0.27 per share for the quarter, up from their previous forecast of $0.13. Cormark has a "Hold" rating on the stock. Cormark also issued estimates for Centerra Gold's FY2025 earnings at $0.92 EPS and FY2026 earnings at $1.16 EPS.

A number of other analysts have also commented on CG. CIBC upped their price objective on shares of Centerra Gold from C$9.80 to C$10.30 and gave the company a "neutral" rating in a research note on Thursday, March 20th. National Bankshares increased their price objective on Centerra Gold from C$12.00 to C$12.50 and gave the stock an "outperform" rating in a report on Wednesday, March 19th. Raymond James increased their price target on Centerra Gold from C$12.00 to C$13.50 in a report on Friday, April 4th. TD Securities lowered their price target on 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. Finally, National Bank Financial upgraded shares of Centerra Gold to a "strong-buy" rating in a research note on Friday, March 21st. 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. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$12.09.

Centerra Gold Price Performance

CG stock opened at C$10.15 on Monday. The company has a current ratio of 3.60, a quick ratio of 3.24 and a debt-to-equity ratio of 1.26. Centerra Gold has a one year low of C$7.72 and a one year high of C$10.59. The firm has a market capitalization of C$1.52 billion, a PE ratio of 14.71, a P/E/G ratio of 1.26 and a beta of 1.23. The firm has a 50-day moving average of C$8.94 and a two-hundred day moving average of C$8.81.

Insider Transactions at Centerra Gold

In other news, Senior Officer Claudia D'orazio sold 3,831 shares of Centerra Gold stock in a transaction dated 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 Centerra Gold stock in a transaction dated Friday, March 7th. The shares were sold at an average price of C$8.28, for a total value of C$70,901.64. Corporate insiders own 0.21% of the company's stock.

Centerra Gold Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, June 5th will be given a $0.07 dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.28 dividend on an annualized basis and a yield of 2.76%. Centerra Gold's payout ratio is 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.

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