Centerra Gold Inc. (NYSE:CGAU - Free Report) - Raymond James raised their FY2025 earnings per share estimates for Centerra Gold in a research report issued on Wednesday, December 18th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.36 per share for the year, up from their previous estimate of $0.34. The consensus estimate for Centerra Gold's current full-year earnings is $0.79 per share. Raymond James also issued estimates for Centerra Gold's Q4 2025 earnings at $0.11 EPS.
Centerra Gold (NYSE:CGAU - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.02). The firm had revenue of $323.93 million during the quarter. Centerra Gold had a return on equity of 10.34% and a net margin of 8.31%. During the same period in the previous year, the business posted $0.20 earnings per share.
Separately, Desjardins upgraded shares of Centerra Gold to a "moderate buy" rating in a research report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $11.00.
Read Our Latest Stock Analysis on CGAU
Centerra Gold Trading Down 0.4 %
CGAU traded down $0.02 on Monday, hitting $5.67. 656,708 shares of the company's stock traded hands, compared to its average volume of 697,899. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 11.81 and a beta of 0.89. Centerra Gold has a one year low of $4.47 and a one year high of $7.82. The company's 50 day simple moving average is $6.39 and its 200-day simple moving average is $6.72.
Hedge Funds Weigh In On Centerra Gold
Several institutional investors have recently bought and sold shares of CGAU. Barclays PLC raised its position in Centerra Gold by 284.5% during the third quarter. Barclays PLC now owns 74,930 shares of the company's stock valued at $537,000 after purchasing an additional 55,444 shares during the period. Toronto Dominion Bank increased its position in shares of Centerra Gold by 22.8% during the 3rd quarter. Toronto Dominion Bank now owns 33,921 shares of the company's stock valued at $243,000 after purchasing an additional 6,307 shares during the last quarter. Geode Capital Management LLC raised its holdings in Centerra Gold by 378.7% during the 3rd quarter. Geode Capital Management LLC now owns 454,939 shares of the company's stock valued at $4,152,000 after buying an additional 359,905 shares during the period. Public Employees Retirement System of Ohio bought a new stake in Centerra Gold in the third quarter worth $4,454,000. Finally, Y Intercept Hong Kong Ltd boosted its stake in Centerra Gold by 34.1% during the third quarter. Y Intercept Hong Kong Ltd now owns 119,123 shares of the company's stock worth $853,000 after buying an additional 30,264 shares during the period. Institutional investors own 55.40% of the company's stock.
Centerra Gold Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were given a dividend of $0.052 per share. This is an increase from Centerra Gold's previous quarterly dividend of $0.05. This represents a $0.21 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date of this dividend was Wednesday, November 13th. Centerra Gold's dividend payout ratio is currently 41.67%.
About Centerra Gold
(
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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.
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