Cormark Has Positive Outlook for Centerra Gold Q2 Earnings

Centerra Gold Inc. (NYSE:CGAU - Free Report) - Analysts at Cormark boosted their Q2 2025 earnings estimates for Centerra Gold in a report issued on Wednesday, May 7th. Cormark analyst R. Gray now expects that the company will earn $0.15 per share for the quarter, up from their prior forecast of $0.14. Cormark has a "Hold" rating on the stock. The consensus estimate for Centerra Gold's current full-year earnings is $0.59 per share. Cormark also issued estimates for Centerra Gold's Q4 2025 earnings at $0.19 EPS.

Centerra Gold (NYSE:CGAU - Get Free Report) last issued 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 company had revenue of $299.50 million for the quarter, compared to the consensus estimate of $288.25 million. Centerra Gold had a net margin of 6.62% and a return on equity of 8.83%.

CGAU has been the topic of several other reports. National Bankshares reiterated an "outperform" rating on shares of Centerra Gold in a research report on Wednesday, April 23rd. Scotiabank reiterated an "outperform" rating on shares of Centerra Gold in a research report on Monday, April 14th. National Bank Financial upgraded shares of Centerra Gold to a "strong-buy" rating in a research report on Friday, March 21st. CIBC reiterated a "neutral" rating on shares of Centerra Gold in a research report on Thursday, March 20th. Finally, Desjardins downgraded shares of Centerra Gold from a "moderate buy" rating to a "hold" rating in a research report on Thursday, February 13th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $12.00.

Centerra Gold Price Performance

Centerra Gold stock traded down $0.63 during midday trading on Friday, reaching $6.65. 772,646 shares of the company traded hands, compared to its average volume of 870,484. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 18.47 and a beta of 0.80. The business has a 50 day moving average of $6.36 and a two-hundred day moving average of $6.19. Centerra Gold has a 12 month low of $5.41 and a 12 month high of $7.82.

Centerra Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd will be paid a $0.07 dividend. The ex-dividend date is Thursday, May 22nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.21%. Centerra Gold's dividend payout ratio (DPR) is presently 100.00%.

Institutional Trading of Centerra Gold

A number of hedge funds and other institutional investors have recently modified their holdings of CGAU. Nuveen LLC purchased a new stake in shares of Centerra Gold in the first quarter worth $14,634,000. Donald Smith & CO. Inc. increased its stake in shares of Centerra Gold by 30.1% in the fourth quarter. Donald Smith & CO. Inc. now owns 8,723,060 shares of the company's stock worth $49,634,000 after purchasing an additional 2,017,756 shares in the last quarter. Amundi increased its stake in shares of Centerra Gold by 168.6% in the fourth quarter. Amundi now owns 2,628,623 shares of the company's stock worth $15,377,000 after purchasing an additional 1,650,160 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Centerra Gold by 24.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 5,808,773 shares of the company's stock worth $33,028,000 after purchasing an additional 1,126,825 shares in the last quarter. Finally, Man Group plc increased its stake in shares of Centerra Gold by 43.2% in the fourth quarter. Man Group plc now owns 3,038,739 shares of the company's stock worth $17,283,000 after purchasing an additional 916,255 shares in the last quarter. 55.40% of the stock is owned by hedge funds and other institutional investors.

About Centerra Gold

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.