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

Centerra Gold Inc. (TSE:CG - Free Report) - Raymond James upped their Q1 2025 EPS estimates for Centerra Gold in a note issued to investors on Monday, March 31st. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.14 per share for the quarter, up from their previous estimate of $0.10. Raymond James also issued estimates for Centerra Gold's Q3 2025 earnings at $0.11 EPS, Q4 2025 earnings at $0.14 EPS and FY2025 earnings at $0.49 EPS.

CG has been the subject of several other reports. 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 report on Thursday, February 13th. CIBC upped their price target on shares of Centerra Gold from C$9.80 to C$10.30 and gave the company a "neutral" rating in a report 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 boosted their price objective on Centerra Gold from C$12.00 to C$12.50 and gave the company an "outperform" rating in a report on Wednesday, March 19th. Finally, Royal Bank of Canada lowered their target price on Centerra Gold from C$12.00 to C$11.00 in a research note on Tuesday, January 7th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Centerra Gold currently has an average rating of "Moderate Buy" and an average target price of C$11.69.

Centerra Gold Stock Performance

Shares of CG stock traded up C$0.14 during mid-day trading on Thursday, reaching C$8.14. The stock had a trading volume of 211,101 shares, compared to its average volume of 764,637. The business's fifty day moving average is C$8.84 and its 200-day moving average is C$8.88. The firm has a market cap of C$1.22 billion, a price-to-earnings ratio of 11.80, a PEG ratio of 1.26 and a beta of 1.23. Centerra Gold has a 1-year low of C$7.72 and a 1-year high of C$10.59. The company has a current ratio of 3.60, a quick ratio of 3.24 and a debt-to-equity ratio of 1.26.

Insider Activity

In other Centerra Gold news, Director Paul Nicholas Wright bought 35,000 shares of the business's stock in a transaction on Friday, February 28th. The stock was bought at an average price of C$8.11 per share, with a total value of C$283,752.00. Also, Director Paul Botond Stilicho Tomory sold 8,563 shares of the business's stock in a transaction dated Friday, March 7th. The shares were sold at an average price of C$8.28, for a total transaction of C$70,901.64. Company insiders own 0.21% of the company's stock.

Centerra Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 27th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.28 annualized dividend and a yield of 3.44%. Centerra Gold's dividend payout ratio is presently 40.58%.

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.