Analysts Issue Forecasts for Centerra Gold Q2 Earnings

Centerra Gold Inc. (NYSE:CGAU) – Equities researchers at Raymond James Financial lowered their Q2 2026 earnings estimates for Centerra Gold in a research note issued to investors on Friday, September 12th. Raymond James Financial analyst B. Macarthur now anticipates that the company will earn $0.14 per share for the quarter, down from their previous forecast of $0.18. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share.

Centerra Gold (NYSE:CGAU) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.08. The business had revenue of $288.30 million during the quarter, compared to the consensus estimate of $319.42 million. Centerra Gold had a return on equity of 9.12% and a net margin of 6.21%.

A number of other research firms also recently weighed in on CGAU. Scotiabank decreased their price target on Centerra Gold from $12.00 to $9.50 and set a “sector outperform” rating for the company in a research note on Tuesday. Royal Bank Of Canada cut shares of Centerra Gold from an “outperform” rating to a “sector perform” rating and raised their target price for the company from $13.00 to $14.00 in a research note on Wednesday, September 10th. National Bankshares reaffirmed an “outperform” rating on shares of Centerra Gold in a research report on Tuesday, June 24th. Cibc World Mkts upgraded shares of Centerra Gold from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 27th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Centerra Gold in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $12.83.

Centerra Gold Price Performance

CGAU opened at $9.05 on Monday. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 27.43, a P/E/G ratio of 2.51 and a beta of 0.82. The business’s 50-day moving average price is $7.67 and its two-hundred day moving average price is $7.01. Centerra Gold has a 1 year low of $5.41 and a 1 year high of $9.43.

Centerra Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were given a $0.07 dividend. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $0.28 annualized dividend and a dividend yield of 3.1%. Centerra Gold’s dividend payout ratio is presently 60.61%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CGAU. BNP Paribas Financial Markets bought a new position in Centerra Gold in the 4th quarter valued at about $396,000. Deutsche Bank AG grew its position in shares of Centerra Gold by 91.5% in the fourth quarter. Deutsche Bank AG now owns 23,218 shares of the company’s stock valued at $132,000 after purchasing an additional 11,093 shares during the last quarter. Graham Capital Management L.P. bought a new position in shares of Centerra Gold during the fourth quarter worth approximately $204,000. Millennium Management LLC increased its stake in shares of Centerra Gold by 0.3% during the fourth quarter. Millennium Management LLC now owns 585,238 shares of the company’s stock worth $3,330,000 after purchasing an additional 1,663 shares during the period. Finally, OMERS ADMINISTRATION Corp acquired a new stake in Centerra Gold during the 4th quarter worth approximately $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.