FY2027 EPS Estimates for Centerra Gold Raised by Scotiabank

Centerra Gold Inc. (TSE:CG) – Scotiabank lifted their FY2027 EPS estimates for shares of Centerra Gold in a report issued on Tuesday, August 4th. Scotiabank analyst O. Habib now expects that the company will post earnings of $1.94 per share for the year, up from their prior estimate of $1.78.

CG has been the subject of several other research reports. Canadian Imperial Bank of Commerce increased their target price on Centerra Gold from C$37.00 to C$38.00 in a research report on Thursday, July 30th. Raymond James Financial increased their price objective on Centerra Gold from C$28.00 to C$29.00 and gave the stock a “market perform” rating in a report on Thursday, July 30th. ATB Cormark Capital Markets raised their price objective on Centerra Gold from C$26.00 to C$27.00 and gave the company a “sector perform” rating in a research report on Thursday, July 30th. TD boosted their target price on shares of Centerra Gold from C$31.00 to C$32.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, Desjardins upped their target price on shares of Centerra Gold from C$30.00 to C$33.00 and gave the stock a “hold” rating in a research report on Thursday, April 23rd. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$28.17.

Centerra Gold Stock Performance

Centerra Gold stock opened at C$27.37 on Thursday. Centerra Gold has a fifty-two week low of C$9.25 and a fifty-two week high of C$28.97. The stock’s 50 day simple moving average is C$23.10 and its two-hundred day simple moving average is C$24.33. The company has a debt-to-equity ratio of 2.11, a quick ratio of 3.24 and a current ratio of 2.42. The stock has a market cap of C$5.35 billion, a price-to-earnings ratio of 8.74, a PEG ratio of 1.26 and a beta of 1.83.

Centerra Gold (TSE:CG) last released its quarterly earnings results on Tuesday, July 28th. The company reported C$0.55 earnings per share (EPS) for the quarter. Centerra Gold had a net margin of 37.72% and a return on equity of 30.90%. The company had revenue of C$629.00 million during the quarter.

Insiders Place Their Bets

In related news, Director Paul Nicholas Wright acquired 5,000 shares of Centerra Gold stock in a transaction that occurred on Tuesday, May 19th. The stock was bought at an average price of C$22.31 per share, with a total value of C$111,550.00. Following the transaction, the director directly owned 130,000 shares in the company, valued at approximately C$2,900,300. This represents a 4.00% increase in their ownership of the stock. 0.21% of the stock is currently owned by company insiders.

Centerra Gold Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, September 2nd will be paid a $0.07 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $0.28 annualized dividend and a dividend yield of 1.0%. Centerra Gold’s dividend payout ratio is presently 6.45%.

About Centerra Gold

Centerra Gold Inc is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Kemess Project in British Columbia, Canada, the Goldfield Project in Nevada, United States, and owns and operates the Molybdenum Business Unit in the United States and Canada.