Centerra Gold Inc. (TSE:CG – Free Report) – Investment analysts at Scotiabank lowered their FY2025 EPS estimates for Centerra Gold in a research note issued on Wednesday, March 19th. Scotiabank analyst O. Habib now expects that the company will post earnings of $0.53 per share for the year, down from their previous forecast of $0.65. Scotiabank also issued estimates for Centerra Gold’s FY2026 earnings at $0.50 EPS.
A number of other equities analysts also recently issued reports on CG. TD Securities dropped their price target on Centerra Gold from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research note on Friday, March 7th. CIBC increased their target price on Centerra Gold from C$9.80 to C$10.30 and gave the company a “neutral” rating in a report on Thursday, March 20th. National Bank Financial upgraded Centerra Gold to a “strong-buy” rating in a research note on Friday, March 21st. Cormark cut shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Finally, Desjardins downgraded shares of Centerra Gold from a “buy” rating to a “hold” rating and dropped their price objective for the stock from C$12.75 to C$11.00 in a report on Thursday, February 13th. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$11.58.
Centerra Gold Trading Up 3.3 %
Shares of CG stock opened at C$9.04 on Monday. The stock has a market capitalization of C$1.36 billion, a P/E ratio of 13.10, a P/E/G ratio of 1.26 and a beta of 1.23. The company has a current ratio of 3.60, a quick ratio of 3.24 and a debt-to-equity ratio of 1.26. The firm’s 50 day moving average is C$8.80 and its 200 day moving average is C$8.90. Centerra Gold has a 12-month low of C$7.74 and a 12-month high of C$10.59.
Centerra Gold Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date of this dividend is Thursday, March 13th. Centerra Gold’s payout ratio is 40.58%.
Insider Buying and Selling at Centerra Gold
In related news, Director Paul Botond Stilicho Tomory sold 8,563 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of C$8.28, for a total value of C$70,901.64. Also, Director Paul Nicholas Wright purchased 35,000 shares of the company’s stock in a transaction on Friday, February 28th. The stock was acquired at an average price of C$8.11 per share, with a total value of C$283,752.00. Insiders own 0.21% 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.
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