Centerra Gold (NYSE:CGAU - Get Free Report) is set to post its quarterly earnings results after the market closes on Thursday, October 31st. Analysts expect Centerra Gold to post earnings of $0.22 per share for the quarter.
Centerra Gold (NYSE:CGAU - Get Free Report) last announced its earnings results on Thursday, August 1st. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.07. Centerra Gold had a return on equity of 10.72% and a net margin of 10.68%. The business had revenue of $282.31 million for the quarter. During the same period in the prior year, the business posted ($0.20) EPS. On average, analysts expect Centerra Gold to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Centerra Gold Stock Performance
Centerra Gold stock traded up $0.05 during midday trading on Thursday, reaching $7.50. The stock had a trading volume of 813,344 shares, compared to its average volume of 626,153. The firm's fifty day simple moving average is $7.10 and its 200-day simple moving average is $6.80. Centerra Gold has a 1-year low of $4.47 and a 1-year high of $7.82. The stock has a market capitalization of $1.61 billion, a P/E ratio of 27.59 and a beta of 0.98.
Centerra Gold Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 15th were given a $0.051 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date of this dividend was Thursday, August 15th. Centerra Gold's dividend payout ratio is presently 74.07%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the company. Cibc World Mkts lowered Centerra Gold from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 10th. CIBC restated a "neutral" rating and issued a $13.00 price target (up from $11.00) on shares of Centerra Gold in a research note on Wednesday, July 10th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Centerra Gold currently has a consensus rating of "Moderate Buy" and a consensus target price of $11.00.
Get Our Latest Stock Analysis on Centerra Gold
About Centerra Gold
(
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.
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