Cormark Forecasts Centerra Gold’s Q1 Earnings (NYSE:CGAU)

Centerra Gold Inc. (NYSE:CGAU) – Equities researchers at Cormark issued their Q1 2025 earnings per share (EPS) estimates for Centerra Gold in a note issued to investors on Wednesday, February 26th. Cormark analyst R. Gray anticipates that the company will earn $0.09 per share for the quarter. 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 Q3 2025 earnings at $0.09 EPS and FY2026 earnings at $0.61 EPS.

A number of other research firms also recently issued reports on CGAU. Desjardins downgraded Centerra Gold from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 13th. Scotiabank decreased their target price on Centerra Gold from $10.00 to $9.00 and set a “sector outperform” rating for the company in a research report on Wednesday, January 15th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $11.00.

Centerra Gold Trading Down 5.1 %

Shares of CGAU opened at $5.69 on Thursday. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 15.82 and a beta of 0.91. The stock has a 50 day moving average of $6.08 and a 200 day moving average of $6.49. Centerra Gold has a 12 month low of $4.90 and a 12 month high of $7.82.

Centerra Gold (NYSE:CGAU) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.03). The company had revenue of $302.40 million during the quarter, compared to analysts’ expectations of $316.92 million. Centerra Gold had a return on equity of 8.83% and a net margin of 6.62%.

Centerra Gold Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a $0.07 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.28 annualized dividend and a dividend yield of 4.92%. This is an increase from Centerra Gold’s previous quarterly dividend of $0.05. Centerra Gold’s payout ratio is currently 52.78%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Integrated Advisors Network LLC increased its holdings in shares of Centerra Gold by 35.9% in the fourth quarter. Integrated Advisors Network LLC now owns 69,600 shares of the company’s stock worth $396,000 after buying an additional 18,400 shares during the period. Mackenzie Financial Corp increased its holdings in shares of Centerra Gold by 14.9% in the fourth quarter. Mackenzie Financial Corp now owns 2,075,826 shares of the company’s stock worth $11,800,000 after buying an additional 269,228 shares during the period. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. purchased a new position in shares of Centerra Gold in the fourth quarter worth about $244,000. Public Employees Retirement System of Ohio increased its holdings in shares of Centerra Gold by 0.9% in the fourth quarter. Public Employees Retirement System of Ohio now owns 625,233 shares of the company’s stock worth $3,557,000 after buying an additional 5,535 shares during the period. Finally, Vise Technologies Inc. purchased a new position in shares of Centerra Gold in the fourth quarter worth about $58,000. Hedge funds and other institutional investors own 55.40% of the company’s stock.

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.