Centerra Gold Inc. (NYSE:CGAU - Free Report) - Investment analysts at National Bank Financial increased their FY2025 earnings per share (EPS) estimates for Centerra Gold in a research note issued on Tuesday, July 15th. National Bank Financial analyst D. Demarco now expects that the company will post earnings of $1.04 per share for the year, up from their previous forecast of $0.76. The consensus estimate for Centerra Gold's current full-year earnings is $0.59 per share. National Bank Financial also issued estimates for Centerra Gold's FY2026 earnings at $2.04 EPS.
Centerra Gold (NYSE:CGAU - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.12 EPS for the quarter, hitting 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 return on equity of 8.71% and a net margin of 3.68%.
Other analysts have also issued research reports about the company. Raymond James Financial restated an "outperform" rating on shares of Centerra Gold in a report on Friday, April 4th. Cibc World Mkts raised Centerra Gold from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 27th. National Bankshares reissued an "outperform" rating on shares of Centerra Gold in a research report on Tuesday, June 24th. CIBC restated an "outperform" rating on shares of Centerra Gold in a research note on Tuesday. Finally, Scotiabank reiterated an "outperform" rating on shares of Centerra Gold in a research note on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Centerra Gold currently has an average rating of "Buy" and a consensus price target of $13.00.
Read Our Latest Analysis on CGAU
Centerra Gold Stock Down 1.7%
Shares of CGAU traded down $0.12 during mid-day trading on Friday, hitting $7.00. The stock had a trading volume of 696,077 shares, compared to its average volume of 920,091. Centerra Gold has a fifty-two week low of $5.41 and a fifty-two week high of $7.82. The company has a market cap of $1.44 billion, a PE ratio of 36.84, a PEG ratio of 0.36 and a beta of 0.81. The company's fifty day simple moving average is $7.11 and its two-hundred day simple moving average is $6.55.
Centerra Gold Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd were paid a $0.07 dividend. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.00%. Centerra Gold's payout ratio is presently 105.26%.
Institutional Investors Weigh In On Centerra Gold
A number of hedge funds and other institutional investors have recently bought and sold shares of CGAU. Farther Finance Advisors LLC purchased a new position in Centerra Gold in the second quarter worth $27,000. Pinnacle Holdings LLC purchased a new stake in Centerra Gold during the first quarter valued at about $39,000. Vise Technologies Inc. purchased a new stake in Centerra Gold during the fourth quarter valued at about $58,000. Massachusetts Financial Services Co. MA purchased a new stake in Centerra Gold during the fourth quarter valued at about $60,000. Finally, Susquehanna Advisors Group Inc. purchased a new stake in Centerra Gold during the fourth quarter valued at about $61,000. Institutional investors own 55.40% of the company's stock.
About Centerra Gold
(
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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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