Cormark Forecasts Centerra Gold’s Q1 Earnings (NYSE:CGAU)

Centerra Gold Inc. (NYSE:CGAU) – Equities researchers at Cormark issued their Q1 2025 earnings per share estimates for Centerra Gold in a report released on Wednesday, February 26th. Cormark analyst R. Gray anticipates that the company will earn $0.09 per share for the quarter. Cormark has a “Hold” rating on the stock. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share. Cormark also issued estimates for Centerra Gold’s Q3 2025 earnings at $0.09 EPS and FY2026 earnings at $0.61 EPS.

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

A number of other analysts have also weighed in on the company. Scotiabank lowered their target price on Centerra Gold from $10.00 to $9.00 and set a “sector outperform” rating for the company in a research note on Wednesday, January 15th. 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 and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $11.00.

Centerra Gold Price Performance

Centerra Gold stock opened at $5.69 on Thursday. The stock has a fifty day moving average price of $6.08 and a two-hundred day moving average price of $6.49. Centerra Gold has a 52-week low of $4.90 and a 52-week high of $7.82. The firm has a market capitalization of $1.20 billion, a P/E ratio of 15.82 and a beta of 0.91.

Institutional Investors Weigh In On Centerra Gold

A number of hedge funds and other institutional investors have recently bought and sold shares of CGAU. Integrated Advisors Network LLC acquired a new stake in Centerra Gold in the 3rd quarter valued at approximately $367,000. Old West Investment Management LLC raised its holdings in shares of Centerra Gold by 100.0% during the 3rd quarter. Old West Investment Management LLC now owns 400,000 shares of the company’s stock worth $2,864,000 after buying an additional 200,000 shares in the last quarter. Versor Investments LP raised its holdings in shares of Centerra Gold by 40.9% during the 3rd quarter. Versor Investments LP now owns 146,700 shares of the company’s stock worth $1,053,000 after buying an additional 42,600 shares in the last quarter. Plato Investment Management Ltd acquired a new position in shares of Centerra Gold during the 3rd quarter worth $412,000. Finally, PCJ Investment Counsel Ltd. increased its holdings in Centerra Gold by 59.6% in the 3rd quarter. PCJ Investment Counsel Ltd. now owns 434,628 shares of the company’s stock worth $3,120,000 after purchasing an additional 162,382 shares in the last quarter. Institutional investors and hedge funds own 55.40% of the company’s stock.

Centerra Gold Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 4.92%. The ex-dividend date is Thursday, March 13th. This is a boost from Centerra Gold’s previous quarterly dividend of $0.05. Centerra Gold’s payout ratio is 52.78%.

About Centerra Gold

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.