FY2027 EPS Estimates for Centerra Gold Lifted by Scotiabank

Centerra Gold Inc. (TSE:CG) – Stock analysts at Scotiabank boosted their FY2027 EPS estimates for shares of Centerra Gold in a note issued to investors on Wednesday, July 15th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $1.78 for the year, up from their prior estimate of $1.62.

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

Separately, Desjardins boosted their price target on 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. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Centerra Gold presently has a consensus rating of “Moderate Buy” and a consensus price target of C$27.36.

Centerra Gold Stock Performance

Centerra Gold stock opened at C$21.16 on Monday. Centerra Gold has a one year low of C$9.25 and a one year high of C$28.97. The company’s fifty day moving average price is C$23.14 and its two-hundred day moving average price is C$24.07. The company has a debt-to-equity ratio of 2.09, a current ratio of 2.41 and a quick ratio of 3.24. The company has a market capitalization of C$4.20 billion, a price-to-earnings ratio of 6.83, a PEG ratio of 1.26 and a beta of 1.83.

Insiders Place Their Bets

In other news, Director Paul Nicholas Wright purchased 5,000 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was bought at an average cost of C$22.31 per share, for a total transaction of C$111,550.00. Following the completion of the acquisition, the director directly owned 130,000 shares of the company’s stock, valued at approximately C$2,900,300. The trade was a 4.00% increase in their ownership of the stock. Also, Director Eric Dell sold 7,827 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of C$22.97, for a total value of C$179,786.19. In the last three months, insiders have sold 10,252 shares of company stock valued at $235,442. Company insiders own 0.21% of the company’s stock.

Centerra Gold Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, June 4th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $0.28 dividend on an annualized basis and a yield of 1.3%. Centerra Gold’s payout ratio is currently 6.52%.

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 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.