Centerra Gold Inc. (NYSE:CGAU) Stock Has Average Price Target of $21.00

Shares of Centerra Gold Inc. (NYSE:CGAU) have been assigned an average rating of “Moderate Buy” from the five research firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $21.00.

CGAU has been the subject of a number of research reports. Wall Street Zen lowered Centerra Gold from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Weiss Ratings raised shares of Centerra Gold from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, October 26th. Zacks Research downgraded shares of Centerra Gold from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 6th. Scotiabank reaffirmed an “outperform” rating on shares of Centerra Gold in a research report on Tuesday, August 4th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Centerra Gold in a research note on Friday, October 16th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CGAU. Integrated Wealth Concepts LLC acquired a new stake in shares of Centerra Gold in the 2nd quarter valued at about $28,000. Pinnacle Holdings LLC purchased a new stake in shares of Centerra Gold during the 2nd quarter worth about $45,000. C M Bidwell & Associates Ltd. purchased a new position in shares of Centerra Gold in the second quarter valued at $83,000. Farther Finance Advisors LLC increased its holdings in Centerra Gold by 18.1% in the third quarter. Farther Finance Advisors LLC now owns 7,177 shares of the company’s stock valued at $156,000 after buying an additional 1,101 shares during the last quarter. Finally, State of Wyoming bought a new position in shares of Centerra Gold during the second quarter valued at approximately $185,000. Hedge funds and other institutional investors own 55.40% of the company’s stock.

Trending Headlines about Centerra Gold

Here are the key news stories impacting Centerra Gold this week:

• Positive Sentiment: Centerra reported third-quarter adjusted earnings of $0.37 per share, exceeding the $0.33 analyst consensus, while revenue of $500.3 million was well above estimates of $440.8 million. Centerra Gold Reports Third Quarter 2026 Results
• Positive Sentiment: Full-year all-in sustaining cost guidance on a by-product basis at the Mount Milligan mine was lowered, suggesting better-than-expected cost performance. The company also reported record quarterly share repurchases and continued progress on its self-funded North American growth strategy. Operational and Capital Allocation Update
• Positive Sentiment: The board approved a quarterly dividend of C$0.07 per share, or C$0.28 annualized, payable December 2 to shareholders of record November 19. The dividend represents approximately C$13.6 million in total distributions and supports the investment case through ongoing shareholder returns. Centerra Gold Announces Quarterly Dividend
• Neutral Sentiment: Centerra’s assets climbed above $3.2 billion, indicating a substantial asset base, although the market’s focus remains on operating profitability and mine execution. Centerra Gold Third-Quarter Results and Assets
• Negative Sentiment: Reports highlighted a decline in Centerra’s third-quarter bottom line, which may be overshadowing the EPS and revenue beats. In addition, Zacks added CGAU to its Rank #5 “Strong Sell” list, creating another near-term source of negative sentiment. Centerra Gold Reveals Drop in Q3 Bottom Line

Centerra Gold Stock Up 0.2%

Shares of NYSE CGAU opened at $20.24 on Wednesday. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of 9.41, a price-to-earnings-growth ratio of 1.89 and a beta of 0.84. The company has a quick ratio of 1.25, a current ratio of 2.07 and a debt-to-equity ratio of 0.03. Centerra Gold has a 52 week low of $11.13 and a 52 week high of $24.52. The firm has a 50-day moving average price of $22.19 and a 200 day moving average price of $18.95.

Centerra Gold (NYSE:CGAU) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. Centerra Gold had a net margin of 23.67% and a return on equity of 15.10%. The company had revenue of $500.30 million for the quarter, compared to the consensus estimate of $440.83 million. Equities research analysts anticipate that Centerra Gold will post 1.52 EPS for the current fiscal year.

Centerra Gold Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Thursday, November 19th will be given a dividend of C$0.07 per share. The ex-dividend date is Thursday, November 19th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.4%. Centerra Gold’s dividend payout ratio (DPR) is 9.30%.

Centerra Gold Company Profile

Centerra Gold Inc is a Canadian-based mining company focused on the acquisition, exploration, development and operation of gold and copper properties. The company produces gold doré and copper-gold concentrate from its operating mines and manages related processing, infrastructure and exploration activities.

Centerra’s principal assets include the Mount Milligan copper-gold mine in British Columbia, Canada, and the Öksüt gold mine in Türkiye. The company also owns the Kemess project in British Columbia, which is being advanced as a potential copper-gold development project.