Raymond James Forecasts Centerra Gold's Q1 Earnings (TSE:CG)

Centerra Gold Inc. (TSE:CG - Free Report) - Investment analysts at Raymond James reduced their Q1 2025 earnings per share estimates for Centerra Gold in a report released on Sunday, November 3rd. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.11 per share for the quarter, down from their prior estimate of $0.18. Raymond James also issued estimates for Centerra Gold's Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.12 EPS and FY2025 earnings at $0.47 EPS.

CG has been the subject of a number of other research reports. CIBC lowered their price objective on shares of Centerra Gold from C$13.00 to C$12.50 in a research report on Tuesday. Desjardins raised Centerra Gold to a "moderate buy" rating in a report on Thursday, October 31st. Canaccord Genuity Group increased their target price on Centerra Gold from C$11.50 to C$12.50 in a research report on Tuesday, July 23rd. Finally, Cibc World Mkts downgraded shares of Centerra Gold from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 10th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$11.71.

Centerra Gold Stock Down 1.7 %

Centerra Gold stock traded down C$0.15 during midday trading on Wednesday, hitting C$8.65. The stock had a trading volume of 792,908 shares, compared to its average volume of 742,441. The company has a current ratio of 3.79, a quick ratio of 3.24 and a debt-to-equity ratio of 1.29. The business has a fifty day moving average price of C$9.60 and a 200 day moving average price of C$9.33. Centerra Gold has a 12 month low of C$6.07 and a 12 month high of C$10.59. The stock has a market cap of C$1.84 billion, a P/E ratio of 10.30, a P/E/G ratio of 1.26 and a beta of 1.23.

Centerra Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 27th will be paid a $0.07 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $0.28 annualized dividend and a yield of 3.24%. Centerra Gold's dividend payout ratio is presently 33.33%.

Insiders Place Their Bets

In other Centerra Gold news, Senior Officer Claudia D'orazio sold 29,388 shares of the business's stock in a transaction dated Friday, September 27th. The stock was sold at an average price of C$10.20, for a total value of C$299,757.60. In other news, Senior Officer Claudia D'orazio sold 29,388 shares of the stock in a transaction on Friday, September 27th. The shares were 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 Centerra Gold stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of C$10.03, for a total transaction of C$716,332.57. Insiders own 0.21% of the company's stock.

About Centerra Gold

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.