Scotiabank Decreases Earnings Estimates for Centerra Gold

Centerra Gold Inc. (TSE:CG) – Stock analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for shares of Centerra Gold in a note issued to investors on Wednesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $2.15 for the year, down from their prior forecast of $2.19.

Separately, Desjardins boosted their target price on shares of Centerra Gold from C$30.00 to C$33.00 and gave the company a “hold” rating in a research note on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$27.36.

Centerra Gold Stock Performance

Shares of CG opened at C$21.16 on Friday. The stock has a market capitalization of C$4.20 billion, a PE ratio of 6.83, a price-to-earnings-growth ratio of 1.26 and a beta of 1.83. The business’s fifty day moving average price is C$23.14 and its 200 day moving average price is C$24.04. The company has a debt-to-equity ratio of 2.09, a current ratio of 2.41 and a quick ratio of 3.24. Centerra Gold has a 12-month low of C$9.25 and a 12-month high of C$28.97.

Centerra Gold (TSE:CG) last issued its quarterly earnings results on Wednesday, April 29th. The company reported C$0.61 earnings per share for the quarter. The business had revenue of C$673.87 million during the quarter. Centerra Gold had a return on equity of 32.55% and a net margin of 41.28%.

Centerra Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, June 4th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, May 21st. Centerra Gold’s dividend payout ratio (DPR) is 6.52%.

Insider Activity

In other news, Director Paul Nicholas Wright acquired 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were purchased at an average cost of C$22.31 per share, for a total transaction of C$111,550.00. Following the transaction, the director directly owned 130,000 shares in the company, valued at C$2,900,300. This trade represents a 4.00% increase in their position. Also, Director Eric Dell sold 1,220 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of C$22.92, for a total value of C$27,962.40. Over the last quarter, insiders sold 10,252 shares of company stock worth $235,442. 0.21% of the stock is currently owned by insiders.

Centerra Gold Company Profile

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 Goldfield District Project in Nevada, United States, the Kemess Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada.