Q2 Earnings Forecast for Centerra Gold Issued By Desjardins

Centerra Gold Inc. (NYSE:CGAU) – Research analysts at Desjardins issued their Q2 2025 earnings estimates for shares of Centerra Gold in a report released on Thursday, July 17th. Desjardins analyst A. Carson anticipates that the company will post earnings per share of $0.18 for the quarter. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share.

Several other equities research analysts have also recently weighed in on the company. Scotiabank reiterated an “outperform” rating on shares of Centerra Gold in a research report on Monday, April 14th. Raymond James Financial reissued an “outperform” rating on shares of Centerra Gold in a report on Friday, April 4th. CIBC reaffirmed an “outperform” rating on shares of Centerra Gold in a research note on Tuesday. National Bank Financial raised Centerra Gold to a “strong-buy” rating in a research note on Friday, March 21st. Finally, Cibc World Mkts raised Centerra Gold from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 27th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $13.00.

Centerra Gold Stock Down 1.2%

Centerra Gold stock opened at $7.15 on Friday. The firm has a 50 day moving average price of $7.11 and a 200-day moving average price of $6.53. Centerra Gold has a twelve month low of $5.41 and a twelve month high of $7.82. The company has a market capitalization of $1.48 billion, a P/E ratio of 37.74, a P/E/G ratio of 0.39 and a beta of 0.81.

Centerra Gold (NYSE:CGAU) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.12. The business had revenue of $299.50 million for the quarter, compared to analyst estimates of $288.25 million. Centerra Gold had a return on equity of 8.71% and a net margin of 3.68%.

Hedge Funds Weigh In On Centerra Gold

Institutional investors and hedge funds have recently modified their holdings of the stock. Millennium Management LLC boosted its stake in Centerra Gold by 0.3% in the fourth quarter. Millennium Management LLC now owns 585,238 shares of the company’s stock valued at $3,330,000 after acquiring an additional 1,663 shares in the last quarter. Hsbc Holdings PLC lifted its position in shares of Centerra Gold by 4.7% in the first quarter. Hsbc Holdings PLC now owns 55,268 shares of the company’s stock valued at $351,000 after acquiring an additional 2,499 shares in the last quarter. Toronto Dominion Bank raised its position in shares of Centerra Gold by 8.8% in the fourth quarter. Toronto Dominion Bank now owns 36,901 shares of the company’s stock valued at $210,000 after buying an additional 2,980 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Centerra Gold by 2.0% in the fourth quarter. The Manufacturers Life Insurance Company now owns 181,755 shares of the company’s stock valued at $1,036,000 after purchasing an additional 3,608 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Centerra Gold during the 2nd quarter valued at approximately $27,000. Hedge funds and other institutional investors own 55.40% of the company’s stock.

Centerra Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Thursday, May 22nd were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date of this dividend was Thursday, May 22nd. Centerra Gold’s dividend payout ratio (DPR) is currently 105.26%.

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.