FY2025 EPS Estimates for Centerra Gold Cut by Scotiabank

Centerra Gold Inc. (TSE:CG) – Analysts at Scotiabank lowered their FY2025 earnings estimates for shares of Centerra Gold in a note issued to investors on Wednesday, March 19th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $0.53 for the year, down from their previous forecast of $0.65. Scotiabank also issued estimates for Centerra Gold’s FY2026 earnings at $0.50 EPS.

A number of other equities analysts also recently commented on CG. Cormark downgraded shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, February 26th. National Bankshares boosted their price target on Centerra Gold from C$12.00 to C$12.50 and gave the stock an “outperform” rating in a research report on Wednesday, March 19th. CIBC increased their price objective on Centerra Gold from C$9.80 to C$10.30 and gave the company a “neutral” rating in a report on Thursday, March 20th. 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 report on Friday, March 7th. Finally, Royal Bank of Canada decreased their price objective on shares of Centerra Gold from C$12.00 to C$11.00 in a research report on Tuesday, January 7th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Centerra Gold has an average rating of “Hold” and a consensus target price of C$11.58.

Centerra Gold Stock Performance

Shares of CG opened at C$8.75 on Monday. The company has a current ratio of 3.60, a quick ratio of 3.24 and a debt-to-equity ratio of 1.26. Centerra Gold has a 12 month low of C$7.68 and a 12 month high of C$10.59. The firm has a fifty day simple moving average of C$8.79 and a 200 day simple moving average of C$8.90. The stock has a market capitalization of C$1.31 billion, a price-to-earnings ratio of 12.68, a PEG ratio of 1.26 and a beta of 1.23.

Insider Transactions at Centerra Gold

In related news, Director Paul Botond Stilicho Tomory sold 8,563 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of C$8.28, for a total transaction of C$70,901.64. Also, Director Paul Nicholas Wright bought 35,000 shares of the business’s stock in a transaction dated Friday, February 28th. The shares were bought at an average price of C$8.11 per share, with a total value of C$283,752.00. 0.21% of the stock is owned by corporate insiders.

Centerra Gold Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 27th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 3.20%. The ex-dividend date is Thursday, March 13th. Centerra Gold’s payout ratio is 40.58%.

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.