Raymond James Decreases Earnings Estimates for Centerra Gold

Centerra Gold Inc. (TSE:CG) – Research analysts at Raymond James lowered their Q1 2025 earnings per share (EPS) estimates for Centerra Gold in a note issued to investors on Sunday, November 3rd. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.11 for the quarter, down from their prior forecast of $0.18. Raymond James also issued estimates for Centerra Gold’s Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.12 EPS and FY2025 earnings at $0.47 EPS.

Other analysts have also issued research reports about the stock. Cibc World Mkts lowered shares of Centerra Gold from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 10th. Canaccord Genuity Group lifted their price target on shares of Centerra Gold from C$11.50 to C$12.50 in a research note on Tuesday, July 23rd. CIBC cut their price objective on shares of Centerra Gold from C$13.00 to C$12.50 in a research report on Tuesday. Finally, Desjardins raised Centerra Gold to a “moderate buy” rating in a research report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Centerra Gold currently has a consensus rating of “Moderate Buy” and an average price target of C$11.71.

Centerra Gold Stock Performance

Shares of Centerra Gold stock opened at C$8.80 on Wednesday. The business has a 50-day moving average price of C$9.63 and a two-hundred day moving average price of C$9.33. Centerra Gold has a 1-year low of C$6.07 and a 1-year high of C$10.59. The company has a current ratio of 3.79, a quick ratio of 3.24 and a debt-to-equity ratio of 1.29. The company has a market cap of C$1.87 billion, a P/E ratio of 10.48, a PEG ratio of 1.26 and a beta of 1.23.

Insiders Place Their Bets

In other Centerra Gold news, Senior Officer Claudia D’orazio sold 29,388 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of C$10.20, for a total transaction of C$299,757.60. In other Centerra Gold news, Senior Officer Claudia D’orazio sold 29,388 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of C$10.20, for a total value of C$299,757.60. Also, Senior Officer Yousef Rehman sold 71,419 shares of the stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of C$10.03, for a total transaction of C$716,332.57. Corporate insiders own 0.21% of the company’s stock.

Centerra Gold Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be paid a dividend of $0.07 per share. The ex-dividend date is Wednesday, November 13th. This represents a $0.28 dividend on an annualized basis and a yield of 3.18%. Centerra Gold’s dividend payout ratio (DPR) is currently 33.33%.

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.