Raymond James Has Negative View of Centerra Gold Q2 Earnings

Centerra Gold Inc. (NYSE:CGAU) – Analysts at Raymond James lowered their Q2 2025 earnings estimates for Centerra Gold in a research report issued to clients and investors on Monday, March 31st. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.05 for the quarter, down from their prior forecast of $0.07. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share.

A number of other equities research analysts also recently weighed in on CGAU. National Bank Financial upgraded shares of Centerra Gold to a “strong-buy” rating in a research note on Friday, March 21st. Cormark lowered shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, February 26th. CIBC reiterated a “neutral” rating on shares of Centerra Gold in a report on Thursday, March 20th. Scotiabank cut their price objective on Centerra Gold from $10.00 to $9.00 and set a “sector outperform” rating on the stock in a report on Wednesday, January 15th. Finally, Desjardins cut Centerra Gold from a “moderate buy” rating to a “hold” rating in a report on Thursday, February 13th. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Centerra Gold presently has a consensus rating of “Moderate Buy” and an average target price of $11.00.

Centerra Gold Price Performance

NYSE:CGAU opened at $6.28 on Wednesday. Centerra Gold has a twelve month low of $5.46 and a twelve month high of $7.82. The stock’s 50-day simple moving average is $6.19 and its 200 day simple moving average is $6.33. The firm has a market capitalization of $1.32 billion, a PE ratio of 17.44 and a beta of 0.92.

Centerra Gold (NYSE:CGAU) last issued its earnings results on Thursday, February 20th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.03). Centerra Gold had a net margin of 6.62% and a return on equity of 8.83%. The business had revenue of $302.40 million during the quarter, compared to analyst estimates of $316.92 million.

Centerra Gold Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.28 annualized dividend and a dividend yield of 4.46%. This is an increase from Centerra Gold’s previous quarterly dividend of $0.05. Centerra Gold’s dividend payout ratio (DPR) is presently 52.78%.

Institutional Trading of Centerra Gold

Several institutional investors have recently modified their holdings of the business. Vise Technologies Inc. acquired a new position in Centerra Gold during the 4th quarter worth about $58,000. SG Americas Securities LLC bought a new position in shares of Centerra Gold during the fourth quarter worth about $59,000. Massachusetts Financial Services Co. MA acquired a new position in shares of Centerra Gold in the fourth quarter worth approximately $60,000. Susquehanna Advisors Group Inc. bought a new stake in Centerra Gold in the fourth quarter valued at approximately $61,000. Finally, OMERS ADMINISTRATION Corp acquired a new stake in Centerra Gold during the 4th quarter valued at approximately $79,000. Institutional investors own 55.40% of the company’s stock.

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.