Q2 Earnings Forecast for Centerra Gold Issued By Desjardins

Centerra Gold Inc. (NYSE:CGAU - Free Report) - Equities researchers at Desjardins issued their Q2 2025 earnings per share (EPS) estimates for shares of Centerra Gold in a research report issued to clients and investors on Thursday, July 17th. Desjardins analyst A. Carson forecasts that the company will post earnings per share of $0.18 for the quarter. The consensus estimate for Centerra Gold's current full-year earnings is $0.59 per share.

Several other analysts have also weighed in on the company. Raymond James Financial reissued an "outperform" rating on shares of Centerra Gold in a report on Friday, April 4th. National Bankshares reaffirmed an "outperform" rating on shares of Centerra Gold in a research note on Tuesday, June 24th. Cibc World Mkts raised Centerra Gold from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 27th. CIBC reaffirmed an "outperform" rating on shares of Centerra Gold in a research note on Tuesday. Finally, Scotiabank reaffirmed an "outperform" rating on shares of Centerra Gold in a research note on Monday, April 14th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $13.00.

Centerra Gold Trading Down 1.7%

CGAU traded down $0.12 during midday trading on Friday, reaching $7.00. The company's stock had a trading volume of 696,077 shares, compared to its average volume of 920,091. The stock has a market cap of $1.44 billion, a P/E ratio of 36.84, a PEG ratio of 0.36 and a beta of 0.81. The company has a fifty day simple moving average of $7.11 and a 200 day simple moving average of $6.55. Centerra Gold has a twelve month low of $5.41 and a twelve month high of $7.82.

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. Centerra Gold had a return on equity of 8.71% and a net margin of 3.68%. The business had revenue of $299.50 million for the quarter, compared to the consensus estimate of $288.25 million.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kathmere Capital Management LLC bought a new position in shares of Centerra Gold during the second quarter worth about $111,000. Ruffer LLP grew its holdings in shares of Centerra Gold by 0.9% during the second quarter. Ruffer LLP now owns 7,153,309 shares of the company's stock worth $51,590,000 after buying an additional 64,070 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of Centerra Gold by 20.2% during the second quarter. Public Employees Retirement System of Ohio now owns 768,026 shares of the company's stock worth $5,533,000 after buying an additional 128,825 shares in the last quarter. Counterpoint Mutual Funds LLC acquired a new position in Centerra Gold during the second quarter worth $351,000. Finally, Farther Finance Advisors LLC acquired a new position in Centerra Gold during the second quarter worth $27,000. 55.40% of the stock is owned by institutional investors and hedge funds.

Centerra Gold Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Shareholders 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 yield of 4.00%. Centerra Gold's payout ratio is 105.26%.

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.