Centerra Gold FY2024 EPS Lowered by National Bank Financial

Centerra Gold Inc. (TSE:CG) – Analysts at National Bank Financial dropped their FY2024 EPS estimates for Centerra Gold in a research report issued on Monday, February 10th. National Bank Financial analyst M. Parkin now expects that the company will post earnings of $0.96 per share for the year, down from their previous 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.

A number of other research analysts have also weighed in on CG. Raymond James dropped their price objective on Centerra Gold from C$13.00 to C$12.50 in a report on Monday, November 4th. Desjardins raised shares of Centerra Gold to a “moderate buy” rating in a research note on Thursday, October 31st. CIBC reduced their price objective on shares of Centerra Gold from C$12.50 to C$9.80 in a research note on Monday, December 2nd. Finally, Royal Bank of Canada decreased their price objective on shares of Centerra Gold from C$12.00 to C$11.00 in a report on Tuesday, January 7th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$11.28.

Centerra Gold Stock Performance

TSE CG opened at C$9.48 on Wednesday. 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 business’s 50 day moving average is C$8.57 and its two-hundred day moving average is C$9.05. The stock has a market capitalization of C$2.02 billion, a price-to-earnings ratio of 11.29, a PEG ratio of 1.26 and a beta of 1.23. Centerra Gold has a 12-month low of C$6.07 and a 12-month high of C$10.59.

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.