Centerra Gold Inc. Announces Quarterly Dividend of $0.07 (TSE:CG)

Centerra Gold Inc. (TSE:CG) declared a quarterly dividend on Wednesday, August 19th, TickerTech Dividends reports. Stockholders of record on Wednesday, September 2nd will be paid a dividend of 0.07 per share on Wednesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 19th.

Centerra Gold Stock Performance

Shares of CG stock opened at C$29.88 on Monday. The company has a current ratio of 2.42, a quick ratio of 3.24 and a debt-to-equity ratio of 2.11. The stock has a market capitalization of C$5.84 billion, a price-to-earnings ratio of 9.55, a price-to-earnings-growth ratio of 1.26 and a beta of 1.83. Centerra Gold has a 12-month low of C$9.66 and a 12-month high of C$31.08. The stock’s 50-day moving average price is C$23.97 and its 200-day moving average price is C$24.58.

Centerra Gold (TSE:CG) last announced its quarterly earnings results on Tuesday, July 28th. The company reported C$0.55 EPS for the quarter. Centerra Gold had a return on equity of 30.90% and a net margin of 37.72%.The company had revenue of C$629.00 million during the quarter.

Insider Activity at Centerra Gold

In related news, Director Paul Nicholas Wright bought 5,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were purchased 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 C$2,900,300. This trade represents a 4.00% increase in their position. Also, Director Wendy Wai Ting Kei purchased 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were bought at an average price of C$29.76 per share, for a total transaction of C$29,760.00. Following the acquisition, the director directly owned 5,172 shares in the company, valued at C$153,918.72. This trade represents a 23.97% increase in their position. Insiders bought a total of 6,012 shares of company stock valued at $141,595 over the last ninety days. Corporate insiders own 0.21% of the company’s stock.

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 Kemess Project in British Columbia, Canada, the Goldfield Project in Nevada, United States, and owns and operates the Molybdenum Business Unit in the United States and Canada.