Q2 EPS Estimates for Centerra Gold Reduced by Raymond James

Centerra Gold Inc. (TSE:CG - Free Report) - Equities researchers at Raymond James reduced their Q2 2025 EPS estimates for shares of Centerra Gold in a research report issued on Monday, March 31st. Raymond James analyst B. Macarthur now expects that the company will post earnings of $0.07 per share for the quarter, down from their previous forecast of $0.10.

A number of other analysts have also commented on CG. National Bank Financial raised shares of Centerra Gold to a "strong-buy" rating in a research report on Friday, March 21st. Desjardins cut shares of Centerra Gold from a "buy" rating to a "hold" rating and cut their price target for the stock from C$12.75 to C$11.00 in a research report on Thursday, February 13th. CIBC raised their price objective on Centerra Gold from C$9.80 to C$10.30 and gave the company a "neutral" rating in a report on Thursday, March 20th. National Bankshares upped their target price on Centerra Gold from C$12.00 to C$12.50 and gave the stock an "outperform" rating in a report on Wednesday, March 19th. Finally, TD Securities decreased their price target on Centerra Gold from C$13.00 to C$12.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Four 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 stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of C$11.69.

Centerra Gold Stock Down 8.9 %

CG traded down C$0.78 during trading on Wednesday, hitting C$7.98. The company had a trading volume of 1,100,926 shares, compared to its average volume of 769,831. The company has a market capitalization of C$1.20 billion, a PE ratio of 11.56, a PEG ratio of 1.26 and a beta of 1.23. The company has a quick ratio of 3.24, a current ratio of 3.60 and a debt-to-equity ratio of 1.26. Centerra Gold has a one year low of C$7.90 and a one year high of C$10.59. The firm's 50-day moving average price is C$8.86 and its 200 day moving average price is C$8.89.

Insiders Place Their Bets

In related news, 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 bought at an average price of C$8.11 per share, for a total transaction of C$283,752.00. Also, Director Paul Botond Stilicho Tomory sold 8,563 shares of the stock in a transaction dated Friday, March 7th. The stock was 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 27th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date was Thursday, March 13th. Centerra Gold's dividend payout ratio is currently 40.58%.

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.