FY2027 EPS Estimates for Centerra Gold Lifted by Analyst

Centerra Gold Inc. (TSE:CG) – Analysts at Scotiabank increased their FY2027 earnings estimates for shares of Centerra Gold in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst O. Habib now anticipates that the company will earn $1.78 per share for the year, up from their previous forecast of $1.62.

Separately, Desjardins boosted their price objective on Centerra Gold from C$30.00 to C$33.00 and gave the company a “hold” rating in a research report on Thursday, April 23rd. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of C$27.36.

Centerra Gold Stock Performance

Shares of CG stock opened at C$21.38 on Monday. The company has a market capitalization of C$4.25 billion, a P/E ratio of 6.90, a P/E/G ratio of 1.26 and a beta of 1.83. The business’s 50 day moving average is C$23.05 and its two-hundred day moving average is C$24.08. The company has a current ratio of 2.41, a quick ratio of 3.24 and a debt-to-equity ratio of 2.09. Centerra Gold has a 12-month low of C$9.25 and a 12-month high of C$28.97.

Centerra Gold (TSE:CG) last announced its quarterly earnings results on Wednesday, April 29th. The company reported C$0.61 earnings per share for the quarter. The firm had revenue of C$673.87 million during the quarter. Centerra Gold had a return on equity of 32.55% and a net margin of 41.28%.

Insider Transactions at Centerra Gold

In related news, Director Eric Dell sold 1,220 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of C$22.92, for a total transaction of C$27,962.40. Also, Director Paul Nicholas Wright purchased 5,000 shares of Centerra Gold stock in a transaction that occurred on Tuesday, May 19th. The shares were bought at an average price of C$22.31 per share, with a total value of C$111,550.00. Following the transaction, the director owned 130,000 shares in the company, valued at approximately C$2,900,300. The trade was a 4.00% increase in their ownership of the stock. Insiders have sold 10,252 shares of company stock valued at $235,442 in the last three months. Corporate insiders own 0.21% of the company’s stock.

Centerra Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, June 4th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.3%. Centerra Gold’s payout ratio is currently 6.52%.

Centerra Gold Company Profile

Centerra Gold Inc is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Goldfield District Project in Nevada, United States, the Kemess Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada.