Raymond James Has Negative View of Centerra Gold Q2 Earnings

Centerra Gold Inc. (NYSE:CGAU) – Investment analysts at Raymond James reduced their Q2 2025 earnings estimates for shares of Centerra Gold in a research report issued to clients and investors on Monday, March 31st. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.05 per share for the quarter, down from their previous forecast of $0.07. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share.

Centerra Gold (NYSE:CGAU) last issued its earnings results on Thursday, February 20th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.03). Centerra Gold had a net margin of 6.62% and a return on equity of 8.83%. The business had revenue of $302.40 million for the quarter, compared to analyst estimates of $316.92 million.

Several other equities analysts also recently commented on the company. CIBC restated a “neutral” rating on shares of Centerra Gold in a research report on Thursday, March 20th. Scotiabank cut their price objective on Centerra Gold from $10.00 to $9.00 and set a “sector outperform” rating for the company in a report on Wednesday, January 15th. Cormark lowered shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a report on Wednesday, February 26th. National Bank Financial upgraded shares of Centerra Gold to a “strong-buy” rating in a research report on Friday, March 21st. Finally, Desjardins lowered shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 13th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Centerra Gold has an average rating of “Moderate Buy” and an average target price of $11.00.

Centerra Gold Trading Down 1.4 %

NYSE CGAU opened at $6.26 on Wednesday. Centerra Gold has a 1-year low of $5.46 and a 1-year high of $7.82. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 17.39 and a beta of 0.92. The stock’s 50 day moving average is $6.19 and its two-hundred day moving average is $6.33.

Centerra Gold Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $0.07 dividend. The ex-dividend date was Thursday, March 13th. This is a positive change from Centerra Gold’s previous quarterly dividend of $0.05. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.47%. Centerra Gold’s dividend payout ratio (DPR) is 52.78%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CGAU. Vise Technologies Inc. bought a new position in shares of Centerra Gold in the fourth quarter worth about $58,000. SG Americas Securities LLC acquired a new stake in shares of Centerra Gold in the fourth quarter valued at approximately $59,000. Massachusetts Financial Services Co. MA bought a new position in Centerra Gold in the 4th quarter worth approximately $60,000. Susquehanna Advisors Group Inc. bought a new position in Centerra Gold in the 4th quarter worth approximately $61,000. Finally, OMERS ADMINISTRATION Corp acquired a new position in Centerra Gold during the 4th quarter worth $79,000. Institutional investors and hedge funds own 55.40% of the company’s stock.

Centerra Gold Company Profile

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.