FY2025 EPS Estimates for Centerra Gold Lowered by Analyst

Centerra Gold Inc. (TSE:CG) – National Bank Financial cut their FY2025 earnings per share (EPS) estimates for Centerra Gold in a research note issued to investors on Tuesday, May 6th. National Bank Financial analyst D. Demarco now expects that the company will earn $1.06 per share for the year, down from their prior estimate of $1.14. National Bank Financial has a “Strong-Buy” rating on the stock. National Bank Financial also issued estimates for Centerra Gold’s FY2027 earnings at $0.69 EPS.

A number of other research analysts have also recently weighed in on CG. TD Securities lowered their target price on shares of Centerra Gold from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. National Bankshares lifted their target price on Centerra Gold from C$12.00 to C$12.50 and gave the company an “outperform” rating in a research note on Wednesday, March 19th. Raymond James upped their price target on Centerra Gold from C$12.00 to C$13.50 in a research note on Friday, April 4th. CIBC lifted their price objective on shares of Centerra Gold from C$9.80 to C$10.30 and gave the company a “neutral” rating in a research report on Thursday, March 20th. Finally, Cormark lowered shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$12.09.

Centerra Gold Stock Performance

Shares of CG opened at C$10.15 on Friday. The company has a quick ratio of 3.24, a current ratio of 3.60 and a debt-to-equity ratio of 1.26. Centerra Gold has a 52 week low of C$7.72 and a 52 week high of C$10.59. The stock has a market cap of C$1.52 billion, a price-to-earnings ratio of 14.71, a PEG ratio of 1.26 and a beta of 1.23. The business has a 50-day simple moving average of C$8.94 and a two-hundred day simple moving average of C$8.81.

Insider Buying and Selling at Centerra Gold

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

Centerra Gold Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, June 5th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 2.76%. The ex-dividend date of this dividend is Thursday, May 22nd. Centerra Gold’s dividend payout ratio is 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.