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Analysts Offer Predictions for Centerra Gold FY2024 Earnings

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Centerra Gold Inc. (TSE:CG - Free Report) - Equities researchers at National Bank Financial lowered their FY2024 earnings estimates for shares of Centerra Gold in a research note issued on Monday, February 10th. National Bank Financial analyst M. Parkin now anticipates that the company will earn $0.96 per share for the year, down from their prior forecast of $1.09. National Bank Financial also issued estimates for Centerra Gold's Q4 2024 earnings at $0.19 EPS and FY2025 earnings at $0.76 EPS.

A number of other brokerages also recently commented on CG. Royal Bank of Canada dropped their target price on shares of Centerra Gold from C$12.00 to C$11.00 in a research note on Tuesday, January 7th. Raymond James dropped their price objective on shares of Centerra Gold from C$13.00 to C$12.50 in a research note on Monday, November 4th. CIBC dropped their price objective on shares of Centerra Gold from C$12.50 to C$9.80 in a research note on Monday, December 2nd. Finally, Desjardins downgraded shares of Centerra Gold from a "buy" rating to a "hold" rating and dropped their price objective for the company from C$12.75 to C$11.00 in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Centerra Gold presently has an average rating of "Moderate Buy" and an average price target of C$11.24.

View Our Latest Research Report on Centerra Gold

Centerra Gold Trading Down 3.4 %

CG stock traded down C$0.32 during mid-day trading on Wednesday, reaching C$9.04. The company had a trading volume of 413,447 shares, compared to its average volume of 572,600. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.60 and a quick ratio of 3.24. The company has a market capitalization of C$1.36 billion, a PE ratio of 13.10, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23. The firm has a 50 day moving average of C$8.64 and a 200 day moving average of C$9.05. Centerra Gold has a 12 month low of C$6.53 and a 12 month high of C$10.59.

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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.

See Also

Earnings History and Estimates for Centerra Gold (TSE:CG)

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