Free Trial

Raymond James Forecasts Increased Earnings for Centerra Gold

Centerra Gold logo with Basic Materials background

Centerra Gold Inc. (TSE:CG - Free Report) - Research analysts at Raymond James upped their FY2025 EPS estimates for shares of Centerra Gold in a report issued on Wednesday, December 18th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.51 per share for the year, up from their previous estimate of $0.47. Raymond James also issued estimates for Centerra Gold's Q4 2025 earnings at $0.16 EPS.

A number of other brokerages also recently issued reports on CG. CIBC cut their price target on shares of Centerra Gold from C$12.50 to C$9.80 in a report on Monday, December 2nd. Desjardins upgraded shares of Centerra Gold to a "moderate buy" rating in a report on Thursday, October 31st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of C$11.37.

Read Our Latest Research Report on CG

Centerra Gold Price Performance

Shares of TSE CG traded down C$0.01 during mid-day trading on Monday, reaching C$8.17. The company's stock had a trading volume of 319,658 shares, compared to its average volume of 745,602. The stock has a 50-day moving average of C$8.88 and a two-hundred day moving average of C$9.22. The company has a debt-to-equity ratio of 1.29, a quick ratio of 3.24 and a current ratio of 3.79. The stock has a market capitalization of C$1.74 billion, a P/E ratio of 9.73, a P/E/G ratio of 1.26 and a beta of 1.23. Centerra Gold has a 1-year low of C$6.07 and a 1-year high of C$10.59.

Centerra Gold Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 3.43%. The ex-dividend date of this dividend was Wednesday, November 13th. Centerra Gold's dividend payout ratio (DPR) is 33.33%.

Insider Buying and Selling at Centerra Gold

In related news, Senior Officer Claudia D'orazio sold 29,388 shares of the stock in a transaction on Friday, September 27th. The stock was sold at an average price of C$10.20, for a total transaction of C$299,757.60. Also, Senior Officer Yousef Rehman sold 71,419 shares of the company's stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of C$10.03, for a total transaction of C$716,332.57. 0.21% of the stock is owned by company insiders.

Centerra Gold Company Profile

(Get Free Report)

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.

Further Reading

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

Should you invest $1,000 in Centerra Gold right now?

Before you consider Centerra Gold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Centerra Gold wasn't on the list.

While Centerra Gold currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop

The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop

Join tech expert Jeff Brown, the founder of Brownstone Research, as he breaks down what’s driving Tesla's latest rally and how AI is fueling future growth.

Related Videos

Small Caps, Financials & Bitcoin Lead the Rising Bull Market: Chris Rowe’s Top Picks
Massive Market Moves Following Trump Win: Tesla, JP Morgan, & Bitcoin Soar
Tesla Stock Rockets 15% Post-Earnings

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines