Centerra Gold Inc. (TSE:CG – Free Report) – Research analysts at National Bank Financial upped their FY2026 EPS estimates for shares of Centerra Gold in a research report issued on Tuesday, May 6th. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $1.48 for the year, up from their previous estimate of $1.46. National Bank Financial has a “Strong-Buy” rating on the stock.
CG has been the subject of several other research reports. Cormark lowered shares of Centerra Gold from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, February 26th. National Bankshares increased their price target on Centerra Gold from C$12.00 to C$12.50 and gave the company an “outperform” rating in a research report on Wednesday, March 19th. Desjardins downgraded Centerra Gold from a “buy” rating to a “hold” rating and reduced their price objective for the company from C$12.75 to C$11.00 in a research note on Thursday, February 13th. TD Securities cut their price target on shares of Centerra Gold from C$13.00 to C$12.00 and set a “buy” rating on the stock in a report on Friday, March 7th. Finally, CIBC lifted their price objective on shares of Centerra Gold from C$9.80 to C$10.30 and gave the stock a “neutral” rating in a research report on Thursday, March 20th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Centerra Gold currently has a consensus rating of “Moderate Buy” and a consensus target price of C$12.09.
Centerra Gold Trading Up 2.7 %
Shares of Centerra Gold stock opened at C$10.15 on Thursday. The company has a market capitalization of C$1.52 billion, a P/E ratio of 14.71, a price-to-earnings-growth ratio of 1.26 and a beta of 1.23. The stock has a fifty day simple moving average of C$8.94 and a 200 day simple moving average of C$8.81. Centerra Gold has a 12-month low of C$7.72 and a 12-month high of C$10.59. The company has a current ratio of 3.60, a quick ratio of 3.24 and a debt-to-equity ratio of 1.26.
Centerra Gold Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, June 5th will be given a $0.07 dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.76%. Centerra Gold’s dividend payout ratio (DPR) is currently 40.58%.
Insider Activity at Centerra Gold
In other news, Director Paul Botond Stilicho Tomory sold 8,563 shares of the stock in a transaction on Friday, March 7th. The shares were sold at an average price of C$8.28, for a total value of C$70,901.64. Also, Director Paul Nicholas Wright acquired 35,000 shares of the company’s stock in a transaction dated Friday, February 28th. The shares were bought at an average cost of C$8.11 per share, with a total value of C$283,752.00. 0.21% of the stock is owned by corporate insiders.
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.
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