Centerra Gold Inc. (NYSE:CGAU – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation and four have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $21.00.
A number of research analysts recently commented on CGAU shares. Weiss Ratings raised Centerra Gold from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday. Wall Street Zen downgraded Centerra Gold from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Zacks Research lowered Centerra Gold from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 6th. Scotiabank reaffirmed an “outperform” rating on shares of Centerra Gold in a research note on Tuesday, August 4th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Centerra Gold in a report on Friday, October 16th.
Check Out Our Latest Stock Report on CGAU
Institutional Trading of Centerra Gold
A number of hedge funds have recently bought and sold shares of CGAU. Farther Finance Advisors LLC raised its stake in Centerra Gold by 18.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 7,177 shares of the company’s stock valued at $156,000 after purchasing an additional 1,101 shares during the period. Pictet Asset Management Holding SA boosted its stake in Centerra Gold by 3.5% in the 1st quarter. Pictet Asset Management Holding SA now owns 39,102 shares of the company’s stock worth $693,000 after purchasing an additional 1,340 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in Centerra Gold during the 2nd quarter valued at approximately $28,000. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. raised its position in shares of Centerra Gold by 2.8% during the second quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. now owns 81,100 shares of the company’s stock valued at $1,281,000 after buying an additional 2,200 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its position in shares of Centerra Gold by 35.0% during the first quarter. Kestra Advisory Services LLC now owns 10,797 shares of the company’s stock valued at $192,000 after buying an additional 2,797 shares during the last quarter. Institutional investors own 55.40% of the company’s stock.
More Centerra Gold News
Here are the key news stories impacting Centerra Gold this week:
- Positive Sentiment: Centerra reported third-quarter adjusted earnings of $0.37 per share, exceeding the $0.33 analyst consensus, while revenue of $500.3 million was well above estimates of $440.8 million. Centerra Gold Reports Third Quarter 2026 Results
- Positive Sentiment: Full-year all-in sustaining cost guidance on a by-product basis at the Mount Milligan mine was lowered, suggesting better-than-expected cost performance. The company also reported record quarterly share repurchases and continued progress on its self-funded North American growth strategy. Operational and Capital Allocation Update
- Positive Sentiment: The board approved a quarterly dividend of C$0.07 per share, or C$0.28 annualized, payable December 2 to shareholders of record November 19. The dividend represents approximately C$13.6 million in total distributions and supports the investment case through ongoing shareholder returns. Centerra Gold Announces Quarterly Dividend
- Neutral Sentiment: Centerra’s assets climbed above $3.2 billion, indicating a substantial asset base, although the market’s focus remains on operating profitability and mine execution. Centerra Gold Third-Quarter Results and Assets
- Negative Sentiment: Reports highlighted a decline in Centerra’s third-quarter bottom line, which may be overshadowing the EPS and revenue beats. In addition, Zacks added CGAU to its Rank #5 “Strong Sell” list, creating another near-term source of negative sentiment. Centerra Gold Reveals Drop in Q3 Bottom Line
Centerra Gold Stock Down 0.9%
CGAU stock opened at $20.24 on Wednesday. The company has a current ratio of 2.42, a quick ratio of 1.49 and a debt-to-equity ratio of 0.03. The company’s 50 day moving average is $22.19 and its 200 day moving average is $18.95. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of 9.41, a price-to-earnings-growth ratio of 1.91 and a beta of 0.84. Centerra Gold has a 1-year low of $11.13 and a 1-year high of $24.52.
Centerra Gold (NYSE:CGAU – Get Free Report) last announced its earnings results on Thursday, October 29th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. Centerra Gold had a net margin of 23.67% and a return on equity of 15.30%. The business had revenue of $500.30 million for the quarter, compared to the consensus estimate of $440.83 million. Sell-side analysts predict that Centerra Gold will post 1.52 EPS for the current fiscal year.
Centerra Gold Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Investors of record on Thursday, November 19th will be issued a dividend of C$0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, November 19th. Centerra Gold’s dividend payout ratio (DPR) is currently 9.30%.
About Centerra Gold
Centerra Gold Inc is a Canadian-based mining company focused on the acquisition, exploration, development and operation of gold and copper properties. The company produces gold doré and copper-gold concentrate from its operating mines and manages related processing, infrastructure and exploration activities.
Centerra’s principal assets include the Mount Milligan copper-gold mine in British Columbia, Canada, and the Öksüt gold mine in Türkiye. The company also owns the Kemess project in British Columbia, which is being advanced as a potential copper-gold development project.
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