Centerra Gold Inc. (NYSE:CGAU - Free Report) - Investment analysts at Raymond James decreased their Q1 2025 earnings per share (EPS) estimates for Centerra Gold in a report issued on Sunday, November 3rd. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.08 per share for the quarter, down from their prior forecast of $0.13. The consensus estimate for Centerra Gold's current full-year earnings is $0.84 per share. Raymond James also issued estimates for Centerra Gold's Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.09 EPS and FY2025 earnings at $0.34 EPS.
Centerra Gold (NYSE:CGAU - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.02). The company had revenue of $323.93 million during the quarter. Centerra Gold had a return on equity of 10.34% and a net margin of 8.31%. During the same quarter last year, the firm earned $0.20 EPS.
Several other equities research analysts have also issued reports on the stock. Cibc World Mkts lowered shares of Centerra Gold from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 10th. CIBC reissued a "neutral" rating and issued a $13.00 price objective (up from $11.00) on shares of Centerra Gold in a report on Wednesday, July 10th. Finally, Desjardins upgraded Centerra Gold to a "moderate buy" rating in a research report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $11.00.
Check Out Our Latest Stock Analysis on CGAU
Centerra Gold Trading Down 2.4 %
Centerra Gold stock traded down $0.16 during mid-day trading on Wednesday, hitting $6.21. The company had a trading volume of 1,295,925 shares, compared to its average volume of 637,451. The company's fifty day moving average is $7.05 and its 200-day moving average is $6.87. Centerra Gold has a 12-month low of $4.47 and a 12-month high of $7.82. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 12.98 and a beta of 0.98.
Centerra Gold Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be paid a $0.052 dividend. The ex-dividend date is Wednesday, November 13th. This is a positive change from Centerra Gold's previous quarterly dividend of $0.05. This represents a $0.21 dividend on an annualized basis and a dividend yield of 3.35%. Centerra Gold's payout ratio is currently 41.67%.
Institutional Investors Weigh In On Centerra Gold
Large investors have recently modified their holdings of the business. Quadrature Capital Ltd boosted its position in Centerra Gold by 118.5% during the first quarter. Quadrature Capital Ltd now owns 295,800 shares of the company's stock worth $1,742,000 after acquiring an additional 160,400 shares during the last quarter. Acadian Asset Management LLC grew its position in shares of Centerra Gold by 309.6% in the first quarter. Acadian Asset Management LLC now owns 1,275,800 shares of the company's stock valued at $7,527,000 after purchasing an additional 964,294 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Centerra Gold by 80.0% in the first quarter. Russell Investments Group Ltd. now owns 117,034 shares of the company's stock valued at $692,000 after purchasing an additional 52,014 shares during the last quarter. Old West Investment Management LLC purchased a new position in Centerra Gold during the second quarter worth approximately $1,344,000. Finally, Renaissance Technologies LLC boosted its stake in Centerra Gold by 29.0% during the second quarter. Renaissance Technologies LLC now owns 327,800 shares of the company's stock worth $2,203,000 after buying an additional 73,600 shares during the last quarter. Hedge funds and other institutional investors own 55.40% of the company's stock.
Centerra Gold Company Profile
(
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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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