Brokers Offer Predictions for Centerra Gold FY2025 Earnings

Centerra Gold Inc. (TSE:CG) – Scotiabank reduced their FY2025 EPS estimates for Centerra Gold in a research note issued on Wednesday, March 19th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $0.53 for the year, down from their prior estimate of $0.65. Scotiabank also issued estimates for Centerra Gold’s FY2026 earnings at $0.50 EPS.

A number of other research firms also recently weighed in on CG. CIBC boosted their target price on shares of Centerra Gold from C$9.80 to C$10.30 and gave the stock a “neutral” rating in a report on Thursday, March 20th. National Bankshares boosted their price objective on Centerra Gold from C$12.00 to C$12.50 and gave the stock an “outperform” rating in a research note on Wednesday, March 19th. Desjardins lowered Centerra Gold from a “buy” rating to a “hold” rating and lowered their price objective for the company from C$12.75 to C$11.00 in a research note on Thursday, February 13th. TD Securities cut their target price on Centerra Gold from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research report on Friday, March 7th. Finally, Cormark lowered Centerra Gold from a “moderate buy” rating to a “hold” rating in a report on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$11.58.

Centerra Gold Price Performance

Centerra Gold stock opened at C$9.04 on Monday. Centerra Gold has a 52-week low of C$7.74 and a 52-week high of C$10.59. The company has a quick ratio of 3.24, a current ratio of 3.60 and a debt-to-equity ratio of 1.26. The firm’s fifty day moving average is C$8.80 and its 200 day moving average is C$8.90. The company has a market cap of C$1.36 billion, a price-to-earnings ratio of 13.10, a PEG ratio of 1.26 and a beta of 1.23.

Centerra Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 27th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.28 dividend on an annualized basis and a yield of 3.10%. Centerra Gold’s payout ratio is 40.58%.

Insider Activity at Centerra Gold

In other news, Senior Officer Claudia D’orazio sold 3,831 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of C$8.28, for a total transaction of C$31,720.68. Also, Director Paul Botond Stilicho Tomory sold 8,563 shares of Centerra Gold stock in a transaction on Friday, March 7th. The shares were sold at an average price of C$8.28, for a total value of C$70,901.64. 0.21% of the stock is currently owned by company insiders.

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.