Centerra Gold Inc. (NYSE:CGAU – Free Report) – Investment analysts at Raymond James lifted their FY2025 earnings estimates for shares of Centerra Gold in a research note issued to investors on Wednesday, December 18th. Raymond James analyst B. Macarthur now anticipates that the company will earn $0.36 per share for the year, up from their prior forecast of $0.34. The consensus estimate for Centerra Gold’s current full-year earnings is $0.79 per share. Raymond James also issued estimates for Centerra Gold’s Q4 2025 earnings at $0.11 EPS.
Centerra Gold (NYSE:CGAU – Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). The business had revenue of $323.93 million during the quarter. Centerra Gold had a net margin of 8.31% and a return on equity of 10.34%. During the same period last year, the firm posted $0.20 earnings per share.
Read Our Latest Stock Report on CGAU
Centerra Gold Stock Performance
Shares of CGAU opened at $5.62 on Monday. The stock has a 50 day simple moving average of $6.36 and a 200 day simple moving average of $6.70. Centerra Gold has a 52-week low of $4.47 and a 52-week high of $7.82. The firm has a market capitalization of $1.18 billion, a PE ratio of 11.71 and a beta of 0.89.
Centerra Gold Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were given a dividend of $0.052 per share. This is a boost from Centerra Gold’s previous quarterly dividend of $0.05. This represents a $0.21 annualized dividend and a dividend yield of 3.70%. The ex-dividend date of this dividend was Wednesday, November 13th. Centerra Gold’s dividend payout ratio is currently 41.67%.
Hedge Funds Weigh In On Centerra Gold
Large investors have recently bought and sold shares of the company. Acadian Asset Management LLC lifted its position in shares of Centerra Gold by 594.6% in the second quarter. Acadian Asset Management LLC now owns 8,862,170 shares of the company’s stock worth $59,532,000 after purchasing an additional 7,586,370 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in Centerra Gold by 36.5% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 4,390,005 shares of the company’s stock valued at $31,514,000 after purchasing an additional 1,175,000 shares in the last quarter. Bank of Montreal Can increased its stake in Centerra Gold by 59.0% in the 3rd quarter. Bank of Montreal Can now owns 3,869,035 shares of the company’s stock valued at $28,690,000 after buying an additional 1,435,794 shares during the last quarter. American Century Companies Inc. lifted its position in Centerra Gold by 132.8% during the 2nd quarter. American Century Companies Inc. now owns 1,835,673 shares of the company’s stock worth $12,345,000 after buying an additional 1,047,142 shares in the last quarter. Finally, Mackenzie Financial Corp boosted its stake in shares of Centerra Gold by 111.3% during the 2nd quarter. Mackenzie Financial Corp now owns 1,493,717 shares of the company’s stock worth $10,046,000 after buying an additional 786,688 shares during the last quarter. Institutional investors and hedge funds own 55.40% 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.
Featured Stories
- Five stocks we like better than Centerra Gold
- What is the Nasdaq? Complete Overview with History
- 5 Reasons DraftKings Stock Looks Promising in the New Year
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Cybersecurity Stocks: 1 Immediate Buy and 1 Dip Opportunity
- Golden Cross Stocks: Pattern, Examples and Charts
- The Next 2 AI Winners Have Triple-Digit Upside Potential
Receive News & Ratings for Centerra Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centerra Gold and related companies with MarketBeat.com's FREE daily email newsletter.