FY2027 EPS Estimates for Centerra Gold Boosted by Analyst

Centerra Gold Inc. (TSE:CG) – Investment analysts at Scotiabank boosted their FY2027 earnings per share (EPS) estimates for Centerra Gold in a report released on Wednesday, July 15th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $1.78 for the year, up from their prior forecast of $1.62.

Separately, Desjardins increased their price target on shares of Centerra Gold from C$30.00 to C$33.00 and gave the stock a “hold” rating in a report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$27.36.

Centerra Gold Stock Performance

Shares of CG opened at C$22.64 on Monday. Centerra Gold has a 52-week low of C$9.25 and a 52-week high of C$28.97. The stock’s 50-day simple moving average is C$22.99 and its 200 day simple moving average is C$24.10. The company has a debt-to-equity ratio of 2.09, a quick ratio of 3.24 and a current ratio of 2.41. The stock has a market capitalization of C$4.50 billion, a price-to-earnings ratio of 7.30, a price-to-earnings-growth ratio of 1.26 and a beta of 1.83.

Centerra Gold (TSE:CG) last announced its quarterly earnings results on Wednesday, April 29th. The company reported C$0.61 earnings per share for the quarter. Centerra Gold had a return on equity of 32.55% and a net margin of 41.28%.The company had revenue of C$673.87 million during the quarter.

Insider Activity

In related news, Director Eric Dell sold 7,827 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of C$22.97, for a total value of C$179,786.19. Also, Director Paul Nicholas Wright bought 5,000 shares of the stock in a transaction that occurred on Tuesday, May 19th. The stock was bought at an average cost of C$22.31 per share, for a total transaction of C$111,550.00. Following the completion of the purchase, the director directly owned 130,000 shares of the company’s stock, valued at C$2,900,300. This represents a 4.00% increase in their ownership of the stock. Insiders have sold 10,252 shares of company stock valued at $235,442 in the last three months. 0.21% of the stock is owned by insiders.

Centerra Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $0.28 annualized dividend and a dividend yield of 1.2%. Centerra Gold’s payout ratio is presently 6.52%.

About Centerra Gold

Centerra Gold Inc is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Goldfield District Project in Nevada, United States, the Kemess Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada.