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

Centerra Gold Inc. (TSE:CG) – Equities researchers at Raymond James dropped their Q1 2025 EPS estimates for Centerra Gold in a note issued to investors on Sunday, November 3rd. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.11 for the quarter, down from their previous forecast 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.

A number of other equities analysts have also recently commented on the company. Canaccord Genuity Group increased their target price on Centerra Gold from C$11.50 to C$12.50 in a report on Tuesday, July 23rd. CIBC dropped their price target on Centerra Gold from C$13.00 to C$12.50 in a research report on Tuesday. Desjardins upgraded Centerra Gold to a “moderate buy” rating in a report on Thursday, October 31st. Finally, Cibc World Mkts lowered shares of Centerra Gold from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 10th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$11.71.

Centerra Gold Stock Down 1.7 %

CG opened at C$8.65 on Wednesday. The company has a market cap of C$1.84 billion, a PE ratio of 10.30, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23. Centerra Gold has a twelve month low of C$6.07 and a twelve month high of C$10.59. The company has a 50-day moving average price of C$9.60 and a 200 day moving average price of C$9.33. The company has a quick ratio of 3.24, a current ratio of 3.79 and a debt-to-equity ratio of 1.29.

Centerra Gold Dividend Announcement

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

Insider Transactions at Centerra Gold

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 shares were sold at an average price of C$10.20, for a total value of C$299,757.60. In other news, Senior Officer Yousef Rehman sold 71,419 shares of the stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of C$10.03, for a total transaction of C$716,332.57. Also, Senior Officer Claudia D’orazio sold 29,388 shares of the firm’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. 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.