FY2025 EPS Estimates for Centerra Gold Raised by Scotiabank

Centerra Gold Inc. (TSE:CG) – Investment analysts at Scotiabank upped their FY2025 EPS estimates for Centerra Gold in a research report issued on Wednesday, January 8th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $0.65 per share for the year, up from their prior estimate of $0.26.

Several other equities analysts have also recently issued reports on CG. Raymond James dropped their price objective on shares of Centerra Gold from C$13.00 to C$12.50 in a research note on Monday, November 4th. Royal Bank of Canada dropped their price target on shares of Centerra Gold from C$12.00 to C$11.00 in a research note on Tuesday, January 7th. CIBC reduced their price objective on shares of Centerra Gold from C$12.50 to C$9.80 in a research report on Monday, December 2nd. Finally, Desjardins raised Centerra Gold to a “moderate buy” rating in a report on Thursday, October 31st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Centerra Gold has a consensus rating of “Moderate Buy” and a consensus price target of C$11.28.

Centerra Gold Trading Down 0.8 %

TSE:CG opened at C$8.40 on Monday. Centerra Gold has a 12-month low of C$6.07 and a 12-month high of C$10.59. The company has a current ratio of 3.79, a quick ratio of 3.24 and a debt-to-equity ratio of 1.29. The stock’s 50 day simple moving average is C$8.41 and its 200-day simple moving average is C$9.11. The firm has a market cap of C$1.79 billion, a P/E ratio of 10.00, a PEG ratio of 1.26 and a beta of 1.23.

Centerra Gold Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date was Wednesday, November 13th. Centerra Gold’s dividend payout ratio is currently 33.33%.

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.