Cormark Has Strong Forecast for Centerra Gold Q3 Earnings

Centerra Gold Inc. (TSE:CG) – Analysts at Cormark increased their Q3 2025 earnings per share (EPS) estimates for shares of Centerra Gold in a research report issued on Wednesday, May 7th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.27 for the quarter, up from their prior estimate of $0.13. Cormark currently has a “Hold” rating on the stock. Cormark also issued estimates for Centerra Gold’s FY2025 earnings at $0.92 EPS and FY2026 earnings at $1.16 EPS.

Several other equities research analysts also recently commented on CG. TD Securities dropped their target price on Centerra Gold from C$13.00 to C$12.00 and set a “buy” rating on the stock in a report on Friday, March 7th. Raymond James boosted their target price on Centerra Gold from C$12.00 to C$13.50 in a report on Friday, April 4th. CIBC boosted their target price on Centerra Gold from C$9.80 to C$10.30 and gave the stock a “neutral” rating in a report on Thursday, March 20th. National Bank Financial upgraded Centerra Gold to a “strong-buy” rating in a research note on Friday, March 21st. Finally, Desjardins cut Centerra Gold from a “buy” rating to a “hold” rating and decreased their price target for the stock from C$12.75 to C$11.00 in a research note on Thursday, February 13th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Centerra Gold currently has a consensus rating of “Moderate Buy” and an average target price of C$12.09.

Centerra Gold Trading Down 1.0%

TSE CG opened at C$9.20 on Monday. The company has a quick ratio of 3.24, a current ratio of 3.60 and a debt-to-equity ratio of 1.26. Centerra Gold has a twelve month low of C$7.72 and a twelve month high of C$10.59. The firm has a market capitalization of C$1.38 billion, a PE ratio of 13.33, a P/E/G ratio of 1.26 and a beta of 1.23. The stock’s 50 day moving average is C$8.96 and its 200 day moving average is C$8.80.

Centerra Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, June 5th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 3.04%. The ex-dividend date is Thursday, May 22nd. Centerra Gold’s dividend payout ratio is currently 40.58%.

Insider Buying and Selling

In related news, Senior Officer Claudia D’orazio sold 3,831 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of C$8.28, for a total transaction of C$31,720.68. Also, Director Paul Botond Stilicho Tomory sold 8,563 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of C$8.28, for a total value of C$70,901.64. 0.21% of the stock is currently owned by company insiders.

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.