Centerra Gold (NYSE:CGAU) Cut to Hold at Wall Street Zen

Posted by Geri Gentry on Jul 28th, 2026

Wall Street Zen downgraded shares of Centerra Gold (NYSE:CGAU – Free Report) from a buy rating to a hold rating in a report published on Saturday.

Other equities analysts also recently issued research reports about the company. Scotiabank reissued an “outperform” rating on shares of Centerra Gold in a research report on Tuesday, July 7th. Weiss Ratings restated a “buy (b)” rating on shares of Centerra Gold in a research report on Friday, March 27th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Centerra Gold presently has an average rating of “Moderate Buy” and a consensus target price of $17.50.

Check Out Our Latest Stock Analysis on Centerra Gold

Centerra Gold Stock Performance

Shares of NYSE:CGAU opened at $16.46 on Friday. The firm has a fifty day simple moving average of $16.28 and a two-hundred day simple moving average of $17.48. Centerra Gold has a 52 week low of $6.71 and a 52 week high of $21.17. The company has a quick ratio of 1.60, a current ratio of 2.41 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $3.26 billion, a P/E ratio of 5.31, a PEG ratio of 0.61 and a beta of 0.81.

Centerra Gold (NYSE:CGAU – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. Centerra Gold had a return on equity of 14.90% and a net margin of 40.32%.The company had revenue of $484.70 million for the quarter, compared to analysts’ expectations of $373.47 million. On average, analysts expect that Centerra Gold will post 1.61 earnings per share for the current fiscal year.

Centerra Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were paid a $0.07 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $0.28 annualized dividend and a yield of 1.7%. Centerra Gold’s dividend payout ratio (DPR) is presently 6.77%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Goldman Sachs Group Inc. grew its stake in Centerra Gold by 57.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,344,727 shares of the company’s stock worth $84,739,000 after acquiring an additional 4,853,494 shares in the last quarter. Donald Smith & CO. Inc. increased its holdings in Centerra Gold by 21.8% during the 4th quarter. Donald Smith & CO. Inc. now owns 14,158,116 shares of the company’s stock worth $203,452,000 after purchasing an additional 2,535,492 shares during the period. FIL Ltd bought a new stake in Centerra Gold during the 4th quarter valued at $35,991,000. Millennium Management LLC lifted its holdings in shares of Centerra Gold by 828.0% in the 3rd quarter. Millennium Management LLC now owns 2,372,671 shares of the company’s stock worth $25,435,000 after buying an additional 2,116,991 shares during the period. Finally, Verbena Value LP bought a new position in shares of Centerra Gold during the 4th quarter worth $23,153,000. Hedge funds and other institutional investors own 55.40% of the company’s stock.

About Centerra Gold

(Get Free Report)

Centerra Gold Inc is a gold mining company incorporated in Canada and headquartered in Toronto. The company specializes in the exploration, development and operation of precious metals properties, with a focus on gold production. Centerra’s portfolio includes the Mount Milligan mine in British Columbia, Canada, and the Otjikoto mine in Namibia. Both operations produce gold and copper concentrates and employ modern mining methods and processing facilities to optimize recovery rates and minimize environmental impact.

In addition to its producing assets, Centerra is advancing the development of its Greenstone Gold Project in Ontario, Canada, which, upon completion, is expected to become one of Canada’s largest gold mines.