
Centerra Gold Inc. (NYSE:CGAU – Free Report) – Equities research analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for Centerra Gold in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $1.53 for the year, down from their previous forecast of $1.54. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Centerra Gold’s current full-year earnings is $1.61 per share.
Centerra Gold (NYSE:CGAU – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. Centerra Gold had a return on equity of 14.90% and a net margin of 40.32%.The business had revenue of $484.70 million for the quarter, compared to analyst estimates of $373.47 million.
View Our Latest Research Report on CGAU
Centerra Gold Trading Down 3.1%
Shares of CGAU opened at $15.22 on Friday. The company has a market capitalization of $3.01 billion, a P/E ratio of 4.91, a P/E/G ratio of 0.59 and a beta of 0.81. Centerra Gold has a one year low of $6.71 and a one year high of $21.17. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.60 and a current ratio of 2.41. The stock has a 50-day moving average price of $16.59 and a 200 day moving average price of $17.41.
Institutional Trading of Centerra Gold
Several hedge funds and other institutional investors have recently bought and sold shares of CGAU. Osaic Holdings Inc. raised its stake in Centerra Gold by 63.0% during the second quarter. Osaic Holdings Inc. now owns 4,758 shares of the company’s stock valued at $34,000 after buying an additional 1,839 shares in the last quarter. Global Retirement Partners LLC acquired a new position in shares of Centerra Gold in the 4th quarter worth approximately $36,000. Burkett Financial Services LLC grew its position in shares of Centerra Gold by 27.5% in the 4th quarter. Burkett Financial Services LLC now owns 3,569 shares of the company’s stock worth $51,000 after acquiring an additional 769 shares in the last quarter. Leonteq Securities AG bought a new stake in shares of Centerra Gold in the 4th quarter valued at approximately $72,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Centerra Gold in the 1st quarter valued at approximately $97,000. 55.40% of the stock is owned by institutional investors.
Centerra Gold Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Thursday, May 21st. Centerra Gold’s dividend payout ratio (DPR) is 6.77%.
About Centerra Gold
Centerra Gold Inc is a gold mining company incorporated in Canada and headquartered in Toronto. The company specializes in the exploration, development and operation of precious metals properties, with a focus on gold production. Centerra’s portfolio includes the Mount Milligan mine in British Columbia, Canada, and the Otjikoto mine in Namibia. Both operations produce gold and copper concentrates and employ modern mining methods and processing facilities to optimize recovery rates and minimize environmental impact.
In addition to its producing assets, Centerra is advancing the development of its Greenstone Gold Project in Ontario, Canada, which, upon completion, is expected to become one of Canada’s largest gold mines.
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