Centerra Gold Inc. (TSE:CG) – Stock analysts at Raymond James dropped their Q3 2021 earnings per share (EPS) estimates for Centerra Gold in a research report issued to clients and investors on Wednesday, October 13th. Raymond James analyst B. Macarthur now forecasts that the company will earn $0.14 per share for the quarter, down from their prior forecast of $0.16. Raymond James currently has a “Market Perform” rating and a $10.50 price target on the stock. Raymond James also issued estimates for Centerra Gold’s Q4 2021 earnings at $0.13 EPS, FY2021 earnings at $0.95 EPS, Q1 2022 earnings at $0.23 EPS, Q2 2022 earnings at $0.28 EPS, Q3 2022 earnings at $0.30 EPS, Q4 2022 earnings at $0.34 EPS and FY2022 earnings at $1.15 EPS.
Centerra Gold (TSE:CG) last posted its quarterly earnings results on Tuesday, August 10th. The company reported C$0.21 EPS for the quarter, beating the consensus estimate of C$0.18 by C$0.03. The company had revenue of C$248.52 million during the quarter.
CG stock opened at C$9.70 on Thursday. The business has a fifty day moving average of C$9.20 and a two-hundred day moving average of C$9.83. The company has a quick ratio of 4.58, a current ratio of 5.68 and a debt-to-equity ratio of 0.74. The stock has a market cap of C$2.88 billion and a price-to-earnings ratio of -6.02. Centerra Gold has a 52-week low of C$8.21 and a 52-week high of C$16.00.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 8th. Stockholders of record on Wednesday, August 25th were paid a $0.07 dividend. The ex-dividend date was Tuesday, August 24th. This is a boost from Centerra Gold’s previous quarterly dividend of $0.05. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.89%. Centerra Gold’s payout ratio is presently -9.79%.
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, Asia, and internationally. Its flagship projects include the 100% owned Kumtor gold mine located in the Kyrgyz Republic; the Mount Milligan gold-copper mine located in British Columbia, Canada; and the Ã-ksÃ¼t Gold Mine located in Turkey.
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