Centerra Gold (NYSE:CGAU – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04, Zacks reports. Centerra Gold had a net margin of 23.67% and a return on equity of 15.30%. The firm had revenue of $500.30 million during the quarter, compared to analysts’ expectations of $440.83 million.
Centerra Gold Stock Performance
NYSE CGAU traded down $0.19 during trading on Friday, reaching $20.24. The company’s stock had a trading volume of 2,063,320 shares, compared to its average volume of 1,053,671. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.49 and a current ratio of 2.42. The firm has a market cap of $3.96 billion, a price-to-earnings ratio of 9.41, a P/E/G ratio of 1.91 and a beta of 0.84. Centerra Gold has a twelve month low of $11.13 and a twelve month high of $24.52. The business’s fifty day moving average price is $22.19 and its 200-day moving average price is $18.95.
Centerra Gold Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Thursday, November 19th will be given a dividend of C$0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, November 19th. Centerra Gold’s dividend payout ratio (DPR) is presently 9.30%.
Analysts Set New Price Targets
Several equities analysts have issued reports on the company. Weiss Ratings raised Centerra Gold from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Centerra Gold in a report on Friday, October 16th. Zacks Research cut Centerra Gold from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 6th. Wall Street Zen downgraded Centerra Gold from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Centerra Gold in a research report on Tuesday, August 4th. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, Centerra Gold currently has a consensus rating of “Moderate Buy” and an average target price of $21.00.
Read Our Latest Analysis on Centerra Gold
Key Centerra Gold News
Here are the key news stories impacting Centerra Gold this week:
- Positive Sentiment: Centerra reported third-quarter adjusted earnings of $0.37 per share, exceeding the $0.33 analyst consensus, while revenue of $500.3 million was well above estimates of $440.8 million. Centerra Gold Reports Third Quarter 2026 Results
- Positive Sentiment: Full-year all-in sustaining cost guidance on a by-product basis at the Mount Milligan mine was lowered, suggesting better-than-expected cost performance. The company also reported record quarterly share repurchases and continued progress on its self-funded North American growth strategy. Operational and Capital Allocation Update
- Positive Sentiment: The board approved a quarterly dividend of C$0.07 per share, or C$0.28 annualized, payable December 2 to shareholders of record November 19. The dividend represents approximately C$13.6 million in total distributions and supports the investment case through ongoing shareholder returns. Centerra Gold Announces Quarterly Dividend
- Neutral Sentiment: Centerra’s assets climbed above $3.2 billion, indicating a substantial asset base, although the market’s focus remains on operating profitability and mine execution. Centerra Gold Third-Quarter Results and Assets
- Negative Sentiment: Reports highlighted a decline in Centerra’s third-quarter bottom line, which may be overshadowing the EPS and revenue beats. In addition, Zacks added CGAU to its Rank #5 “Strong Sell” list, creating another near-term source of negative sentiment. Centerra Gold Reveals Drop in Q3 Bottom Line
Centerra Gold Company Profile
Centerra Gold Inc is a Canadian-based mining company focused on the acquisition, exploration, development and operation of gold and copper properties. The company produces gold doré and copper-gold concentrate from its operating mines and manages related processing, infrastructure and exploration activities.
Centerra’s principal assets include the Mount Milligan copper-gold mine in British Columbia, Canada, and the Öksüt gold mine in Türkiye. The company also owns the Kemess project in British Columbia, which is being advanced as a potential copper-gold development project.
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