FY2024 EPS Forecast for Centerra Gold Cut by Analyst

Centerra Gold Inc. (TSE:CG) – Research analysts at National Bank Financial decreased their FY2024 earnings per share (EPS) estimates for shares of Centerra Gold in a research report issued on Monday, February 10th. National Bank Financial analyst M. Parkin now forecasts that the company will earn $0.96 per share for the year, down from their prior forecast of $1.09. National Bank Financial also issued estimates for Centerra Gold’s Q4 2024 earnings at $0.19 EPS and FY2025 earnings at $0.76 EPS.

Other analysts have also issued reports about the company. Raymond James decreased their price target on Centerra Gold from C$13.00 to C$12.50 in a research note on Monday, November 4th. Royal Bank of Canada decreased their target price on shares of Centerra Gold from C$12.00 to C$11.00 in a research report on Tuesday, January 7th. CIBC lowered their target price on shares of Centerra Gold from C$12.50 to C$9.80 in a report on Monday, December 2nd. Finally, Desjardins raised shares of Centerra Gold to a “moderate buy” rating in a research note on Thursday, October 31st. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$11.28.

Centerra Gold Price Performance

Shares of TSE:CG opened at C$9.48 on Wednesday. The company has a market cap of C$2.02 billion, a P/E ratio of 11.29, a P/E/G ratio of 1.26 and a beta of 1.23. The business has a fifty day simple moving average of C$8.57 and a 200-day simple moving average of C$9.05. Centerra Gold has a 52 week low of C$6.07 and a 52 week high of C$10.59. The company has a quick ratio of 3.24, a current ratio of 3.79 and a debt-to-equity ratio of 1.29.

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.