Raymond James Feedback on Centerra Gold Inc.’s FY2022 Earnings (TSE:CG)

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Centerra Gold Inc. (TSE:CG – Get Score) – Funding analysts at Raymond James diminished their FY2022 earnings per share estimates for Centerra Gold in a report launched on Tuesday, July nineteenth. Raymond James analyst B. Macarthur now anticipates that the corporate will earn $1.04 per share for the yr, down from their prior estimate of $1.21. Raymond James has a “Market Carry out” ranking and a $14.50 worth goal on the inventory. The consensus estimate for Centerra Gold’s present full-year earnings is $1.33 per share. Raymond James additionally issued estimates for Centerra Gold’s This fall 2022 earnings at $0.46 EPS.

Centerra Gold (TSE:CG – Get Score) final issued its quarterly earnings outcomes on Wednesday, Might 4th. The corporate reported C$0.24 EPS for the quarter, beating analysts’ consensus estimates of C$0.16 by C$0.08. The enterprise had income of C$373.97 million through the quarter.

A number of different analysts have additionally not too long ago issued reviews on CG. TD Securities minimize their worth goal on Centerra Gold from C$14.50 to C$14.00 and set a “maintain” ranking on the inventory in a analysis word on Friday, Might sixth. Scotiabank upped their worth goal on Centerra Gold from C$12.50 to C$14.00 in a analysis word on Tuesday, April fifth. CIBC minimize their worth goal on Centerra Gold from C$14.00 to C$13.75 in a analysis word on Friday, March twenty fifth. Canaccord Genuity Group upped their worth goal on Centerra Gold from C$12.75 to C$15.00 in a analysis word on Friday, April twenty second. Lastly, Nationwide Bankshares minimize their worth goal on Centerra Gold from C$16.00 to C$15.00 and set an “outperform” ranking on the inventory in a analysis word on Monday, Might ninth. Three equities analysis analysts have rated the inventory with a maintain ranking and 5 have given a purchase ranking to the inventory. In response to knowledge from MarketBeat.com, the inventory presently has a consensus ranking of “Average Purchase” and a mean worth goal of C$12.89.

Centerra Gold Buying and selling Down 1.3 %

Shares of CG opened at C$7.70 on Wednesday. The corporate has a market capitalization of C$2.29 billion and a P/E ratio of 4.14. Centerra Gold has a one yr low of C$7.33 and a one yr excessive of C$13.52. The corporate has a debt-to-equity ratio of 0.60, a fast ratio of three.64 and a present ratio of 4.67. The inventory has a 50-day shifting common worth of C$9.31 and a 200 day shifting common worth of C$10.76.

Centerra Gold Dividend Announcement

The agency additionally not too long ago introduced a quarterly dividend, which was paid on Wednesday, June 1st. Buyers of report on Wednesday, June 1st got a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of three.64%. The ex-dividend date was Tuesday, Might seventeenth. Centerra Gold’s dividend payout ratio is at the moment 11.18%.

About Centerra Gold

(Get Score)

Centerra Gold Inc, a gold mining firm, engages within the acquisition, exploration, growth, and operation of gold and copper properties in North America, Turkey, and internationally. The corporate explores for gold, copper, and molybdenum deposits. Its flagship tasks embody the 100% owned Mount Milligan gold-copper mine positioned in British Columbia, Canada; and the Öksüt Gold Mine positioned in Turkey.

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Earnings History and Estimates for Centerra Gold (TSE:CG)

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