Cormark Comments on Centerra Gold’s Q1 Earnings (TSE:CG)

Centerra Gold Inc. (TSE:CG) – Equities research analysts at Cormark issued their Q1 2025 earnings estimates for Centerra Gold in a report released on Wednesday, February 26th. Cormark analyst R. Gray expects that the company will post earnings per share of $0.13 for the quarter. Cormark has a “Hold” rating on the stock. Cormark also issued estimates for Centerra Gold’s Q3 2025 earnings at $0.13 EPS and FY2026 earnings at $0.87 EPS.

CG has been the topic of several other research reports. Raymond James cut their price target on shares of Centerra Gold from C$13.00 to C$12.50 in a report on Monday, November 4th. Desjardins lowered shares of Centerra Gold from a “buy” rating to a “hold” rating and cut their price target for the company from C$12.75 to C$11.00 in a report on Thursday, February 13th. Royal Bank of Canada cut their price target on shares of Centerra Gold from C$12.00 to C$11.00 in a report on Tuesday, January 7th. Finally, CIBC cut their price target on shares of Centerra Gold from C$12.50 to C$9.80 in a report on Monday, December 2nd. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of C$11.40.

Centerra Gold Trading Up 1.1 %

TSE CG opened at C$8.29 on Thursday. Centerra Gold has a one year low of C$6.79 and a one year high of C$10.59. The company’s 50 day moving average price is C$8.72 and its 200 day moving average price is C$9.03. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.24 and a current ratio of 3.60. The firm has a market capitalization of C$1.25 billion, a price-to-earnings ratio of 12.01, a PEG ratio of 1.26 and a beta of 1.23.

Insider Activity

In related news, Director Paul Nicholas Wright purchased 35,000 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The stock was acquired at an average price of C$8.11 per share, for a total transaction of C$283,752.00. Insiders own 0.21% of the company’s stock.

Centerra Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 27th will be paid a dividend of $0.07 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.38%. Centerra Gold’s dividend payout ratio is currently 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.