FY2025 EPS Estimates for Centerra Gold Cut by Scotiabank

Centerra Gold Inc. (TSE:CG - Free Report) - Equities research analysts at Scotiabank decreased their FY2025 EPS estimates for Centerra Gold in a research note issued on Wednesday, March 19th. Scotiabank analyst O. Habib now anticipates that the company will earn $0.53 per share for the year, down from their prior forecast of $0.65. Scotiabank also issued estimates for Centerra Gold's FY2026 earnings at $0.50 EPS.

Several other research firms have also issued reports on CG. CIBC increased their target price on Centerra Gold from C$9.80 to C$10.30 and gave the stock a "neutral" rating in a research note on Thursday, March 20th. Cormark downgraded Centerra Gold from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, February 26th. National Bankshares upped their target price on shares of Centerra Gold from C$12.00 to C$12.50 and gave the stock an "outperform" rating in a research note on Wednesday, March 19th. National Bank Financial upgraded shares of Centerra Gold to a "strong-buy" rating in a research note on Friday, March 21st. 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 report on Thursday, February 13th. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$11.58.

Centerra Gold Trading Up 2.1 %

Shares of CG traded up C$0.19 during midday trading on Monday, hitting C$9.18. 411,354 shares of the stock were exchanged, compared to its average volume of 780,776. Centerra Gold has a 52-week low of C$7.88 and a 52-week high of C$10.59. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.24 and a current ratio of 3.60. The stock has a fifty day simple moving average of C$8.82 and a 200 day simple moving average of C$8.90. The firm has a market cap of C$1.38 billion, a P/E ratio of 13.30, a P/E/G ratio of 1.26 and a beta of 1.23.

Centerra Gold Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 27th will be given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend is Thursday, March 13th. Centerra Gold's dividend payout ratio (DPR) is 40.58%.

Insider Buying and Selling

In other news, Senior Officer Claudia D'orazio sold 3,831 shares of Centerra Gold stock in a transaction on Friday, March 7th. The shares were sold at an average price of C$8.28, for a total value of C$31,720.68. Also, Director Paul Nicholas Wright purchased 35,000 shares of the firm's stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average price of C$8.11 per share, with a total value of C$283,752.00. 0.21% of the stock is owned by company insiders.

Centerra Gold Company Profile

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.