FY2027 EPS Estimates for Centerra Gold Lifted by Scotiabank

Centerra Gold Inc. (TSE:CGFree Report) – Scotiabank raised their FY2027 EPS estimates for Centerra Gold in a report released on Tuesday, August 4th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $1.94 per share for the year, up from their previous forecast of $1.78.

Centerra Gold (TSE:CGGet Free Report) last posted its earnings results on Tuesday, July 28th. The company reported C$0.55 earnings per share for the quarter. The company had revenue of C$629.00 million for the quarter. Centerra Gold had a return on equity of 30.90% and a net margin of 37.72%.

CG has been the topic of several other research reports. ATB Cormark Capital Markets lifted their price objective on shares of Centerra Gold from C$26.00 to C$27.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 30th. Desjardins boosted their price target on shares of Centerra Gold from C$30.00 to C$33.00 and gave the company a “hold” rating in a research report on Thursday, April 23rd. TD upped their target price on Centerra Gold from C$31.00 to C$32.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Canadian Imperial Bank of Commerce lifted their target price on shares of Centerra Gold from C$37.00 to C$38.00 in a research report on Thursday, July 30th. Finally, Raymond James Financial increased their price target on shares of Centerra Gold from C$28.00 to C$29.00 and gave the stock a “market perform” rating in a report on Thursday, July 30th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$28.17.

Get Our Latest Analysis on CG

Centerra Gold Stock Up 7.2%

Centerra Gold stock opened at C$27.37 on Thursday. The stock has a market cap of C$5.35 billion, a PE ratio of 8.74, a price-to-earnings-growth ratio of 1.26 and a beta of 1.83. The company has a debt-to-equity ratio of 2.11, a quick ratio of 3.24 and a current ratio of 2.42. The firm’s 50-day simple moving average is C$23.10 and its 200 day simple moving average is C$24.33. Centerra Gold has a fifty-two week low of C$9.25 and a fifty-two week high of C$28.97.

Insider Buying and Selling

In other news, Director Paul Nicholas Wright bought 5,000 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were purchased at an average price of C$22.31 per share, for a total transaction of C$111,550.00. Following the completion of the acquisition, the director owned 130,000 shares of the company’s stock, valued at approximately C$2,900,300. This trade represents a 4.00% increase in their ownership of the stock. 0.21% of the stock is owned by company insiders.

Centerra Gold Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, September 2nd will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, August 19th. Centerra Gold’s payout ratio is 6.45%.

About Centerra Gold

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Centerra Gold Inc is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Kemess Project in British Columbia, Canada, the Goldfield Project in Nevada, United States, and owns and operates the Molybdenum Business Unit in the United States and Canada.

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Earnings History and Estimates for Centerra Gold (TSE:CG)

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