FY2024 EPS Estimates for Centerra Gold Reduced by Desjardins

Centerra Gold Inc. (TSE:CG) – Equities researchers at Desjardins dropped their FY2024 EPS estimates for Centerra Gold in a research note issued on Thursday, February 13th. Desjardins analyst A. Carson now forecasts that the company will earn $0.97 per share for the year, down from their previous estimate of $1.11. Desjardins currently has a “Hold” rating and a $11.00 target price on the stock. Desjardins also issued estimates for Centerra Gold’s Q4 2024 earnings at $0.20 EPS, Q4 2024 earnings at $0.20 EPS and FY2024 earnings at $0.97 EPS.

Several other research analysts have also recently weighed in on CG. CIBC decreased their price objective on shares of Centerra Gold from C$12.50 to C$9.80 in a report on Monday, December 2nd. 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. Finally, Raymond James decreased their price objective on shares of Centerra Gold from C$13.00 to C$12.50 in a report on Monday, November 4th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$11.24.

Centerra Gold Stock Up 1.1 %

CG opened at C$9.14 on Monday. The company has a quick ratio of 3.24, a current ratio of 3.60 and a debt-to-equity ratio of 1.26. The firm has a 50 day moving average price of C$8.65 and a 200-day moving average price of C$9.05. Centerra Gold has a twelve month low of C$6.53 and a twelve month high of C$10.59. The stock has a market capitalization of C$1.37 billion, a price-to-earnings ratio of 13.24, a PEG ratio of 1.26 and a beta of 1.23.

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.