Desjardins Increases Earnings Estimates for Centerra Gold

Centerra Gold Inc. (TSE:CG) – Equities research analysts at Desjardins lifted their FY2025 earnings per share (EPS) estimates for Centerra Gold in a note issued to investors on Wednesday, October 1st. Desjardins analyst A. Carson now forecasts that the company will post earnings per share of $1.19 for the year, up from their previous forecast of $1.04. Desjardins also issued estimates for Centerra Gold’s FY2026 earnings at $1.55 EPS.

Other equities research analysts have also issued reports about the company. Royal Bank Of Canada lowered Centerra Gold from a “moderate buy” rating to a “hold” rating and increased their target price for the stock from C$13.00 to C$14.00 in a research report on Wednesday, September 10th. Raymond James Financial increased their target price on Centerra Gold from C$13.00 to C$13.50 in a research report on Thursday, August 21st. Canaccord Genuity Group increased their target price on Centerra Gold from C$16.00 to C$19.50 in a research report on Thursday, October 2nd. Finally, BMO Capital Markets increased their target price on Centerra Gold from C$10.00 to C$14.00 in a research report on Monday, September 15th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$13.35.

Centerra Gold Stock Performance

Shares of CG opened at C$15.93 on Monday. The business’s fifty day moving average price is C$11.88 and its 200 day moving average price is C$10.34. Centerra Gold has a 12-month low of C$7.72 and a 12-month high of C$16.51. The stock has a market capitalization of C$3.24 billion, a PE ratio of 46.85, a price-to-earnings-growth ratio of 1.26 and a beta of 1.55. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.60 and a quick ratio of 3.24.

Centerra Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, September 4th were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Thursday, August 21st. Centerra Gold’s dividend payout ratio (DPR) is 59.31%.

About Centerra Gold

Centerra Gold Inc is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye.