View Financial HealthCenterra Gold 配当と自社株買い配当金 基準チェック /36Centerra Goldは配当を支払う会社で、現在の利回りは1.22%ですが、利益によって十分にカバーされています。次の支払い日は 4th June, 2026で、権利落ち日は21st May, 2026 。主要情報1.2%配当利回り2.9%バイバック利回り総株主利回り4.1%将来の配当利回り1.3%配当成長8.1%次回配当支払日04 Jun 26配当落ち日21 May 26一株当たり配当金n/a配当性向7%最近の配当と自社株買いの更新Upcoming Dividend • May 17Upcoming dividend of CA$0.07 per shareEligible shareholders must have bought the stock before 21 May 2026. Payment date: 04 June 2026. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.5%).Declared Dividend • May 03First quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 21st May 2026 Payment date: 4th June 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 02Centerra Gold Inc. Approves Quarterly Dividend, Payable on June 4, 2026Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 13.9 million or USD 10.0 million in aggregate. The quarterly dividend is payable on June 4, 2026, to shareholders of record as of the close of business on May 21, 2026. The dividend is an eligible dividend for Canadian income tax purposes.Declared Dividend • Oct 31Third quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 13th November 2025 Payment date: 26th November 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 15% over the next 2 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range.お知らせ • May 06+ 1 more updateCenterra Gold Inc. Announces Quarterly Dividend, Payable on June 5, 2025Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 14.6 million or USD 10.1 million in aggregate. The quarterly dividend is payable on June 5, 2025, to shareholders of record as of the close of business on May 22, 2025.Declared Dividend • Feb 25Third quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 13th March 2025 Payment date: 27th March 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.すべての更新を表示Recent updatesUpcoming Dividend • May 17Upcoming dividend of CA$0.07 per shareEligible shareholders must have bought the stock before 21 May 2026. Payment date: 04 June 2026. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.5%).New Risk • May 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. High level of non-cash earnings (38% accrual ratio). Minor Risk Significant insider selling over the past 3 months (US$425k sold).Buy Or Sell Opportunity • May 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 9.4% to US$18.01. The fair value is estimated to be US$14.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable.Declared Dividend • May 03First quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 21st May 2026 Payment date: 4th June 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 02Centerra Gold Inc. Approves Quarterly Dividend, Payable on June 4, 2026Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 13.9 million or USD 10.0 million in aggregate. The quarterly dividend is payable on June 4, 2026, to shareholders of record as of the close of business on May 21, 2026. The dividend is an eligible dividend for Canadian income tax purposes.Reported Earnings • Apr 30First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.40 (up from US$0.14 in 1Q 2025). Revenue: US$484.7m (up 62% from 1Q 2025). Net income: US$79.4m (up 161% from 1Q 2025). Profit margin: 16% (up from 10% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 37%. Earnings per share (EPS) missed analyst estimates by 9.2%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Metals and Mining industry in the US. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Apr 30Centerra Gold: Re-Rating Opportunity Remains Intact Despite Near-Term Iran PressureSummary Centerra Gold (CGAU) remains a Strong Buy, with deep undervaluation and significant re-rating potential as it pivots to North America. CGAU delivered strong Q1 results: $49M FCF, 61.8% YoY revenue growth, and robust liquidity, despite operational headwinds and a Turkish mine in decline. The company’s self-funded growth strategy leverages high gold prices and a secured CAPEX pipeline, targeting long-term production expansion from North American assets. Valuation implies an intrinsic value well above current market price even under conservative estimates, reflecting discounted execution and geopolitical risks but substantial upside as the pivot advances. Read the full article on Seeking Alphaお知らせ • Apr 03Centerra Gold Inc. to Report Q1, 2026 Results on Apr 29, 2026Centerra Gold Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2026お知らせ • Mar 31Centerra Gold Inc. Announces Executive ChangesCenterra Gold Inc. announces that David Hendriks, Executive Vice President and Chief Operating Officer (COO), will be leaving the Company. He will remain available to the Company in a consulting capacity to support a smooth transition. Mike Sylvestre will assume the responsibilities of COO on an interim basis, effective March 30, 2026. Mr. Sylvestre is a seasoned mining executive with over 45 years of international experience and has held leadership roles at major, mid-tier and junior mining companies. He most recently served as Senior Vice President, Americas at Kinross Gold, retiring in 2022. Over the course of his career, he has held a range of senior operational and executive roles, with a strong track record in leading both established and start-up operations, driving safety performance, operational excellence, and sustainable practices. He currently serves on the boards of Hochschild Mining and Vista Gold Corp. Mr. Sylvestre holds a Master of Science in Mining and Mineral Engineering from McGill University and a Bachelor of Science in Mining Engineering from Queen’s University and is a member of the Professional Engineers of Ontario.お知らせ • Feb 24Centerra Gold Inc., Annual General Meeting, May 05, 2026Centerra Gold Inc., Annual General Meeting, May 05, 2026.お知らせ • Feb 20+ 2 more updatesCenterra Gold Inc. Announces 2025 Year-End Mineral Reserves and Resources and Provides Exploration UpdateCenterra Gold Inc. announced its 2025 year-end estimates for mineral reserves and mineral resources. Proven and probable gold mineral reserves increased 58% year-over-year to 5.5 million ounces, and proven and probable copper mineral reserves increased 49% year-over-year to 1.7 billion pounds, as of December 31, 2025. Measured and indicated gold mineral resources inclusive of reserves were 10.8 million ounces and measured and indicated copper mineral resources inclusive of reserves were 3.6 billion pounds, as of December 31, 2025. In 2025, Centerra continued to advance its organic growth pipeline and updated its mineral reserves and mineral resources estimates for the Goldfield project (“Goldfield”), the Mount Milligan mine (“Mount Milligan”) and the Kemess project (“Kemess). Exploration activities in the fourth quarter of 2025 included drilling, surface rock and soil sampling, geological mapping, and geophysical surveying, targeting gold and copper mineralization at the Company’s projects and properties in Canada, Türkiye, and the United States. 2025 Exploration Highlights: The mineralization at Mount Milligan continued to expand to the west towards North Slope due to the significant drill intercepts at the Goldmark and Saddle West areas. During the year, a total of 56,835 metres of core drilling was completed across 200 holes. Drilling, model updates, and increased commodity prices resulted in an increase of approximately 2 million ounces of gold and 500 million pounds of copper to the mineral resource base. At Kemess, a total of 31,940 metres of drilling was completed in the Kemess Main and Kemess South open pit areas. At Kemess Main, drilling throughout the year was carried out to infill the resource within the Kemess Main open pit and the Kemess Underground as well as to bridge the gap between the Kemess Underground and Kemess East resource at the Offset zone. Results confirm the grade and extent of mineralization within the resource pit and within the Nugget and Kemess Main open pit areas, supporting local upgrades to the resource classification. Results for the Kemess Offset drilling also indicate the potential to delineate the resource at the Offset zone. Material within the Offset Zone is an unclassified resource and is not included in the Kemess Main mineral resource. At the Öksüt mine (“Öksüt”), 796 metres of drilling was completed during the first quarter of the year. In the United States, drilling at Goldfield and the Oakley project (“Oakley”) did not start until mid-December 2025.Full year 2025 drilling totalled 113.5 kilometres (“km”), including greenfield projects.2026 Exploration Outlook: Exploration expenditures in 2026 are expected to be $40 to $50 million, including $20 to $25 million of brownfield exploration focused on Mount Milligan, Kemess, and Öksüt, and $20 to $25 million of spending on greenfield and generative exploration programs. Centerra is expected to continue to explore the western extension of the Mount Milligan deposit and perform infill drilling to upgrade the inferred resources to the indicated category. Drilling is expected to continue to test the western extension of the Kemess South deposit. Approximately 15% of the total 2026 exploration expenditures are allocated to Kemess to drill approximately 14 km. Centerra is expected to continue to advance greenfield exploration projects around Mount Milligan, including Cauldron and the Syndicate joint venture projects in British Columbia and at the optioned-deal agreement projects in northwestern Ontario. In the United States, Centerra is expected to continue to explore for near surface oxide mineralization within the Goldfield district in Nevada and at Oakley in Idaho. Centerra is also expected to continue advancing exploration work at its greenfield projects, Cirrus in Nevada, Jones Creek in Utah, and at two new option-deal agreement projects in Idaho. In Türkiye, as part of a life of mine optimization study, work is underway at Öksüt to identify potential targets that will be drilled during 2026. Centerra is expected to continue drilling at the Ulu joint venture project and at other early-stage joint venture projects that were identified in 2025. Mount Milligan: In 2025, the Company increased its mineral resource inclusive of reserves by approximately 2 million ounces gold and 500 million pounds copper. The 2026 exploration drilling program at the site is focused on significantly expanding the mineral resource base to the west and southwest. In 2025, a total of 48,372 metres of infill drilling was completed across 169 drillholes, and 8,462 metres of brownfield exploration drilling was completed across 31 drillholes. Brownfield exploration focused on targets west of the current ultimate pit margins including the North Slope, Goldmark, Saddle West, and Boundary zones. The 2025 exploration drilling at Goldmark returned significant gold assay results from the upper portions of the holes and increased porphyry mineralization at depth, resulting in the extension of the resource shell towards the North Slope area. Drilling of the South Boundary area identified high-grade gold, low copper vein mineralization supporting a previous interpretation that the zone represents a gold rich cap of an underlying porphyry deposit, similar to the geometry of the 66 zone and the MBX stock. Continued drilling within the area has the potential to identify a gold-copper mineralization northwest towards the Boundary zone area. Approximately 20% of the total 2026 exploration expenditures are allocated to drilling programs at Mount Milligan to upgrade the inferred resources between Goldmark and North Slope and to expand the resources at Saddle West and South Boundary areas. Ongoing exploration continues to highlight the potential to further expand mineral resources and extend mine life beyond the updated 2025 PFS mine plan. Mount Milligan remains a strategic cornerstone asset in Centerra’s portfolio, with 20 years of mine life, meaningful low-cost gold and copper production, strong cash flow generation, and significant opportunity for future exploration potential in a top tier mining jurisdiction. The Goldmark zone is directly west of the current Mount Milligan pit design, situated above the high grade DWBX zone. In 2025, drilling continued to test and infill the western extent of the Goldmark mineralization that had been intersected in previous drill programs. Shallow porphyry-style gold and copper mineralization is hosted at the margins of dykes and the Goldmark stock. High gold-low copper (“HGLC”) style mineralization occurs throughout the zone above the gold-copper porphyry mineralization. During 2026, Centerra is expected to complete the infill drilling in the Kemess Main zone, as well as at the Kemess Offset zone to help bridge the mineralization gap between Kemess Underground and Kemess East.お知らせ • Jan 30Centerra Gold Inc. Announces Temporary Suspension of Operations at Langeloth Metallurgical Facility Due to ExplosionCenterra Gold Inc. has suspended operations at its Langeloth Metallurgical Facility ("Langeloth") near Pittsburgh, Pennsylvania following an explosion on January 29, 2026 at approximately 6:15 p.m. Eastern Time, which was a result of an uncontrolled mixture of chemicals leading to an uncontained chemical reaction adjacent to the acid plant. No fatalities were reported, but two contractors were taken to hospital with injuries, and two employees were taken to hospital for precautionary reasons. Presently, there is no indication of a significant environmental release. The relevant regulatory agencies and authorities have been notified. The Company is currently assessing Langeloth's estimated downtime and will provide an update when more information is available.Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$18.93, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Metals and Mining industry in the US. Total returns to shareholders of 230% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$18.12 per share.お知らせ • Jan 21Centerra Gold Receives Permit Amendments for Mount Milligan to Continue Operations Through 2035Centerra Gold Inc. confirmed that its Mount Milligan Mine ("Mount Milligan"), located in central British Columbia, has received an amended environmental assessment and all related permits to allow for the continuation of its operations through 2035. These authorizations include a 10% expansion in plant throughput beginning in 2028 and increased stockpile capacity needed for plant feed flexibility. In January 2025, Mount Milligan was selected by the Province of British Columbia as one of four mining projects which would qualify for expedited permitting to support economic development in the province. Centerra continues to progress engineering and other studies to support future permit authorizations which will be required to achieve the recently announced mine life extension of Mount Milligan to 2045 as outlined in a Pre-Feasibility Study.New Risk • Jan 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.0% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.Price Target Changed • Jan 20Price target increased by 15% to US$13.00Up from US$11.30, the current price target is an average from 10 analysts. New target price is 28% below last closing price of US$18.10. Stock is up 201% over the past year. The company is forecast to post earnings per share of US$1.60 for next year compared to US$0.38 last year.お知らせ • Jan 20Centerra Gold Inc. Announces an Updated Mineral Resource and the Results of A PEA for Its Kemess Project in British ColumbiaCenterra Gold Inc. announced an updated mineral resource and the results of a PEA for its Kemess project in British Columbia, showing robust economics including an after-tax net present value (5%) Kemess Updated Resource and PEA Highlights: Expanded mineral resource at Kemess enhances the project's overall scale and supports its long-term production potential: The updated mineral resource contains 3.3 million ounces of gold and 1.1 billion pounds of copper in the indicated category, and 3.6 million ounces of gold and1.2 billion pounds of copper in the inferred category. Once underground production commences, both mining methods operate concurrently for the remainder of the projected 15-year mine life. Significant exploration upside across the property: In 2025, a total of 28 kilometres of drilling was completed, focused on infilling the resource at Kemess Main open pit, Kemess Underground and Nugget zones, as well as resource extension drilling at Kemess Offset. Results confirm the continuity of mineralization within the resource areas. Once underground production commencing, both mining methods operate concurrentlyfor the remainder of the 15 year mine life. The plant is expected to increase overall gold recovery by approximately 14%, enhancing the project's economics. In 2025, a total of28 km of drilling was completed, focused On infilling the resource at KemESS Main open pit, Kemess underground and Nugget, as well as resource extension drilled at Kemess Offset. results confirm the continuity of mineralization Within the resource areas. The Kemess Underground mineral resource is constrained by optimized stope shapes using commercially available software. The Kemess East underground mineral resource is constrained by optimizedstope shapes using commercially available software; The Kemess East underground mineral resources is constrained by optimized stope shape using commercially available software.お知らせ • Jan 06Centerra Gold Inc. to Report Q4, 2025 Results on Feb 19, 2026Centerra Gold Inc. announced that they will report Q4, 2025 results After-Market on Feb 19, 2026Declared Dividend • Oct 31Third quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 13th November 2025 Payment date: 26th November 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 15% over the next 2 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Oct 29Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$1.44 (up from US$0.14 in 3Q 2024). Revenue: US$395.2m (up 22% from 3Q 2024). Net income: US$292.2m (up US$263.4m from 3Q 2024). Profit margin: 74% (up from 8.9% in 3Q 2024). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Metals and Mining industry in the US. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 29+ 1 more updatePaul Wright to Succeed Michael Parrett as Chair of the Board of Directors of Centerra Gold Inc., Effective January 1, 2026Centerra Gold Inc. announced Paul Wright will succeed Michael Parrett as Chair of the Board of Directors, effective January 1, 2026. Mr. Parrett, who served as Chair since October 2019, will remain on the Board as an independent director. Mr. Wright joined Centerra’s Board as an independent director in May 2020 and brings more than 40 years of international experience in the mining sector, including 20 years as President and Chief Executive Officer of Eldorado Gold Corporation. His career has been devoted to the successful development and operation of both underground and open pit mines. Prior to his tenure at Eldorado, Mr. Wright held positions with Placer Dome Inc., Redpath Group, and Granges. He currently serves as Chair of the Board and a director of Galiano Gold Inc.Price Target Changed • Oct 23Price target increased by 27% to US$10.70Up from US$8.43, the current price target is an average from 10 analysts. New target price is 5.1% below last closing price of US$11.28. Stock is up 50% over the past year. The company is forecast to post earnings per share of US$0.96 for next year compared to US$0.38 last year.お知らせ • Oct 03Centerra Gold Inc. to Report Q3, 2025 Results on Oct 28, 2025Centerra Gold Inc. announced that they will report Q3, 2025 results After-Market on Oct 28, 2025New Risk • Oct 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.6% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.2% net profit margin).Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$11.25, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Metals and Mining industry in the US. Total returns to shareholders of 154% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$4.83 per share.Price Target Changed • Sep 15Price target decreased by 12% to US$8.33Down from US$9.50, the current price target is an average from 10 analysts. New target price is 9.9% below last closing price of US$9.24. Stock is up 34% over the past year. The company is forecast to post earnings per share of US$0.89 for next year compared to US$0.38 last year.お知らせ • Sep 12Centerra Gold Inc. Announces Results of Pre-Feasibility Study for the Mount Milligan Mine in British ColumbiaRoyal Gold Inc. reported that Centerra Gold Inc. has announced the results of a pre-feasibility study ("PFS") for the Mount Milligan mine in British Columbia that confirms a life of mine ("LOM") extension of approximately 10 years, to 2045, with the potential to increase the process plant throughput by approximately 10% in 2029. The cash purchase price for gold is equal to the lesser of $435 perounce, with no inflation adjustment, or the prevailing market price when purchased. The cash purchase price for copper is 15% of the spot price. In February 2024, Royal Gold announced an additional agreement with Centerra to provide cost support to allow an extension of the Mount Milligan mine life beyond 2035 and offer the potential for a future mine life increase (the "Cost Support Agreement"). This agreement provides for additional cash purchase prices for gold and copper deliveries in three periods, which are defined by gold and copper deliveries. The combined effect of this Cost Support Agreement on the payments for metal deliveries from Mount Milligan when considered with the Existing Stream Agreement is summarized in the table below: Period: Jan. 1, 2024 through 2029 -2030 through 2035 -2036 and Beyond: Au Cu Au Cu; Payments for $435/oz 15% of spot Cu; and anticipated developments relating to the Mount Milligan mine, including the amount and timing of production, increased throughput and recovery, estimates of mineral resources and mineral reserves, the construction of a second TSF, the receipt of future permits, and mine plans. Factors that could cause actual extensions, Royal Gold has another significant interest on a long-life mine in a stable and mining-friendly jurisdiction.Reported Earnings • Aug 07Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$0.33 (up from US$0.18 in 2Q 2024). Revenue: US$288.3m (up 2.1% from 2Q 2024). Net income: US$68.6m (up 82% from 2Q 2024). Profit margin: 24% (up from 13% in 2Q 2024). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 71%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Metals and Mining industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 07+ 2 more updatesCenterra Gold Inc. Revises Consolidated Production Guidance for the Year 2025Centerra Gold Inc. revised consolidated production guidance for the year 2025. For the period, the company expects gold production to be 250,000 ounces to 290,000 ounces as compared to previous guidance of 270,000 ounces to 310,000 ounces. Total Copper production is expected to be 50 million pounds to 60 million pounds as compared to previous guidance of 50 million pounds to 60 million pounds.お知らせ • Jul 11Kestrel Partner Centerra Drilling At QCM Gold PropertyKestrel Gold Inc. provided an update on the ongoing work program by Centerra Gold Inc. on Kestrel's QCM gold property (QCM) located in the Manson-Germanson area of central British Columbia. Centerra holds an exclusive option to earn a 75% interest in QCM by making cash payments totalling $900,000 and completing $6,500,000 in exploration work, which must include a minimum of 13,500 metres of drilling, by May 7, 2029. Centerra's current program has an approved budget of $3,000,000, and includes plans for up to 7,500 metres of diamond drilling. Drilling commenced at the Main Zone on May 25th, and as of July 6th a total of 9 holes and 2,640 metres have been completed. All holes have encountered intervals of quartz veined tuff and greywacke affected by variable intensity silica-ankerite-sericite-pyrite alteration with pyrite in some areas. Drilling is also planned for the 14 Vein zone which is a quartz veined and quartz-sericite-pyrite altered zone located approximately 7.5 kilometres northwest of the Main Zone. Analytical results for drilling will be released as they are received, compiled and interpreted. QCM Project Highlights: QCM is comprised of 8,729 hectares covering an approximate 15-kilometre strike length of the Manson Fault Zone which is thought to be a controlling structure for much of the gold mineralization in the district. Peak values from historical pre-Kestrel drilling completed within the Main Zone were found within hole 2004-002 which intersected an interval of 2.86 g/t Au over 110.95 metres, including a high-grade interval of 173 g/t Au over 1.5 metres, true widths unknown. Reverse circulation drilling by Kestrel at the Main Zone in 2021 intersected numerous gold-bearing intervals including 0.847 g/t Au over 152.44 metres including 3.665 g/t Au over 16.77 metres. Prospecting during 2022 resulted in the discovery of the 14 Vein showing, drilling of which returned 2.33 g/t Au over 44.19 metres. Geology consists of quartz-sericite-pyrite altered greywacke cut by sheeted quartz veins. Numerous historical showings occur throughout the project area, including Farrell where historical values of up to 1,777 g/t Au and 3,560 g/t Ag were returned from grab samples of an up to 3.0-metre-wide quartz vein and Flagstaff where historical values of up to 5.9 g/t Au and 1,153 g/t Ag were reported for grab samples of quartz veins and stockworks. Kestrel owns a 100% interest in the QCM Property. subsequently granted Centerra the option to earn a 75% interest in QCM. Recently completed logging and associated road building has significantly improved access throughout the property which is proving of significant value to exploration efforts.お知らせ • Jul 07Centerra Gold Inc. to Report Q2, 2025 Results on Aug 06, 2025Centerra Gold Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025Reported Earnings • May 07First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: US$0.15 (down from US$0.31 in 1Q 2024). Revenue: US$299.5m (down 2.1% from 1Q 2024). Net income: US$30.5m (down 54% from 1Q 2024). Profit margin: 10% (down from 22% in 1Q 2024). Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Metals and Mining industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • May 06+ 1 more updateCenterra Gold Inc. Announces Quarterly Dividend, Payable on June 5, 2025Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 14.6 million or USD 10.1 million in aggregate. The quarterly dividend is payable on June 5, 2025, to shareholders of record as of the close of business on May 22, 2025.Seeking Alpha • Apr 25Centerra Gold: Shareholder Value Rests On Strong Financial PillarsSummary Centerra Gold Inc. maintains a "Hold" rating due to strong liquidity, consistent dividends, and share buybacks. The company's Mount Milligan mine drives performance, while the Öksüt mine faces lower production; rising gold and copper prices provide support. Centerra's financial health is robust, with over $1 billion in liquidity and strong free cash flow, enabling future growth projects and shareholder returns. Investors should hold shares, awaiting a price dip for better entry/increase opportunity, as volatility and potential interest rate sentiment may impact stock performance. Read the full article on Seeking AlphaPrice Target Changed • Apr 21Price target increased by 21% to US$8.75Up from US$7.25, the current price target is an average from 10 analysts. New target price is 27% above last closing price of US$6.90. Stock is up 14% over the past year. The company is forecast to post earnings per share of US$0.69 for next year compared to US$0.38 last year.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$6.61, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Metals and Mining industry in the US. Total loss to shareholders of 29% over the past three years.お知らせ • Apr 10Centerra Gold Inc. to Report Q1, 2025 Results on May 06, 2025Centerra Gold Inc. announced that they will report Q1, 2025 results Pre-Market on May 06, 2025Price Target Changed • Apr 08Price target decreased by 12% to US$7.25Down from US$8.25, the current price target is an average from 10 analysts. New target price is 31% above last closing price of US$5.52. Stock is down 9.4% over the past year. The company is forecast to post earnings per share of US$0.66 for next year compared to US$0.38 last year.お知らせ • Apr 04Centerra Gold Inc. Announces Board ChangesCenterra Gold Inc. announced that Sheryl Pressler, the longest serving director in the history of the company with 17 years of service, will not be standing for re-election to the board. Also not standing for re-election is Susan Yurkovich who has recently been appointed as Chief Executive Officer of Canfor Corporation. With her new responsibilities, Susan regrets she will not be able to dedicate the time necessary to be effective for the Shareholders of Centerra.New Risk • Mar 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 43% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.お知らせ • Mar 05Centerra Gold Inc. Announces Executive ChangesCenterra Gold Inc. announced the appointment of David Hendriks as Executive Vice President and Chief Operating Officer, effective April 15, 2025. Paul Chawrun, Executive Vice President and Chief Operating Officer, will be leaving the Company on March 31, 2025. Mr. Hendriks is a seasoned mining executive with over 30 years of industry experience and has held leadership roles at Calibre Mining and Kinross Gold. Most recently, as Senior Vice President of Nicaraguan Operations at Calibre Mining, he oversaw multi-site operations, drove production growth, and advanced sustainability initiatives. Prior to that he held senior leadership positions at Kinross Gold, managing large-scale gold mining operations in Nevada and Mauritania. David holds a Bachelor of Science in Mine Engineering from Queen’s University.Recent Insider Transactions • Mar 02Independent Director recently bought US$197k worth of stockOn the 28th of February, Paul Wright bought around 35k shares on-market at roughly US$5.63 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$92k more in shares than they bought in the last 12 months.Declared Dividend • Feb 25Third quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 13th March 2025 Payment date: 27th March 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 25Centerra Gold Inc., Annual General Meeting, May 06, 2025Centerra Gold Inc., Annual General Meeting, May 06, 2025.お知らせ • Feb 21+ 1 more updateCenterra Gold Inc. Provides Consolidated Production Guidance for the Year 2025Centerra Gold Inc. provided consolidated production guidance for the year 2025. For the period, the company gold production to be 270,000 to 310,000 ounces, driven by Öksüt returning to normal production levels, as planned, after processing inventory that was accumulated during the shutdown of operations prior to restart in early June 2023. Copper production is expected to be 50 to 60 million pounds.New Risk • Feb 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 23% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Seeking Alpha • Feb 01Centerra Gold: Shareholder Value Gains Momentum On Robust Operations And Metal PricesSummary Centerra Gold Inc. maintains a Hold rating due to its strong financial position, consistent production, and rising metal prices, with potential for additional shareholder value through dividends and buybacks. The company operates gold and copper mines in Canada and Turkey, with plans to restart molybdenum production in Idaho by 2027, enhancing future profitability. Centerra's liquidity of approximately $1 billion supports its capital expenditures and growth projects, with a focus on efficient capital allocation and cost control. Investors should hold shares for now, considering buying on dips and taking profits at significant peaks, given the stock's correlation with gold prices. Read the full article on Seeking Alphaお知らせ • Jan 14Centerra Gold Inc. to Report Q4, 2024 Results on Feb 20, 2025Centerra Gold Inc. announced that they will report Q4, 2024 results After-Market on Feb 20, 2025Price Target Changed • Nov 22Price target increased by 13% to US$8.75Up from US$7.78, the current price target is an average from 9 analysts. New target price is 40% above last closing price of US$6.24. Stock is up 13% over the past year. The company is forecast to post earnings per share of US$0.90 next year compared to a net loss per share of US$0.37 last year.New Risk • Nov 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (US$222k sold).New Risk • Nov 14New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$222k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (US$222k sold).New Risk • Nov 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Declared Dividend • Nov 04Third quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 13th November 2024 Payment date: 27th November 2024 Dividend yield will be 3.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 15% over the next 3 years. However, it would need to fall by 52% to increase the payout ratio to a potentially unsustainable range.お知らせ • Nov 02Centerra Gold Inc. Provides Earnings Guidance for the Year 2024Centerra Gold Inc. provided earnings guidance for the year 2024. For the year, the company expects loss from operations of $5 million - $15 million.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.14 (vs US$0.28 in 3Q 2023)Third quarter 2024 results: EPS: US$0.14 (down from US$0.28 in 3Q 2023). Revenue: US$323.9m (down 5.8% from 3Q 2023). Net income: US$28.8m (down 53% from 3Q 2023). Profit margin: 8.9% (down from 18% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to grow by 5.3%. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Nov 01Centerra Gold Inc. Approves Quarterly Dividend, Payable on November 27, 2024Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 14.8 million or USD 11.0 million in aggregate. The quarterly dividend is payable on November 27, 2024, to shareholders of record as of the close of business on November 13, 2024. The dividend is an eligible dividend for Canadian income tax purposes.お知らせ • Oct 04Centerra Gold Inc. to Report Q3, 2024 Results on Oct 31, 2024Centerra Gold Inc. announced that they will report Q3, 2024 results After-Market on Oct 31, 2024Recent Insider Transactions • Oct 02Executive Vice President of People recently sold US$222k worth of stockOn the 27th of September, Claudia D'Orazio sold around 29k shares on-market at roughly US$7.56 per share. This transaction amounted to 44% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$547k more than they bought in the last 12 months.Price Target Changed • Oct 01Price target increased by 7.1% to US$8.25Up from US$7.70, the current price target is an average from 10 analysts. New target price is 14% above last closing price of US$7.25. Stock is up 55% over the past year. The company is forecast to post earnings per share of US$0.87 next year compared to a net loss per share of US$0.37 last year.Declared Dividend • Aug 05Second quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 15th August 2024 Payment date: 29th August 2024 Dividend yield will be 3.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 20% over the next 3 years. However, it would need to fall by 57% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Aug 02Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: US$0.18 (up from US$0.18 loss in 2Q 2023). Revenue: US$282.3m (up 53% from 2Q 2023). Net income: US$37.7m (up US$77.4m from 2Q 2023). Profit margin: 13% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) exceeded analyst estimates by 3.4%. Revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to grow by 5.1%. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.New Risk • Aug 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.1% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Aug 02+ 1 more updateCenterra Gold Inc. Provides Production Guidance for 2024Centerra Gold Inc. provided production guidance for 2024. For the full year, the company expected gold production of 370–410 koz and total Copper production was 55-65 Mlbs.お知らせ • Jul 11Centerra Gold Inc. to Report Q2, 2024 Results on Aug 01, 2024Centerra Gold Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024Price Target Changed • May 28Price target increased by 7.7% to US$7.70Up from US$7.15, the current price target is an average from 10 analysts. New target price is 6.8% above last closing price of US$7.21. Stock is up 32% over the past year. The company is forecast to post earnings per share of US$0.53 next year compared to a net loss per share of US$0.37 last year.Price Target Changed • May 24Price target increased by 13% to US$7.65Up from US$6.75, the current price target is an average from 10 analysts. New target price is 9.0% above last closing price of US$7.02. Stock is up 38% over the past year. The company is forecast to post earnings per share of US$0.53 next year compared to a net loss per share of US$0.37 last year.Declared Dividend • May 16First quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 29th May 2024 Payment date: 12th June 2024 Dividend yield will be 3.2%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 39% over the next 3 years. Since a fall of 13% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.New Risk • May 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (US$516k sold).Reported Earnings • May 15First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: US$0.31 (up from US$0.34 loss in 1Q 2023). Revenue: US$305.9m (up 35% from 1Q 2023). Net income: US$66.4m (up US$139.9m from 1Q 2023). Profit margin: 22% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 197%. Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to grow by 5.0%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.お知らせ • May 15+ 1 more updateCenterra Gold Inc. Approves Quarterly Dividend, Payable on June 12, 2024Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 15.0 million or USD 11.1 million. The quarterly dividend is payable on June 12, 2024, to shareholders of record as of the close of business on May 29, 2024.Buy Or Sell Opportunity • Apr 29Now 21% undervaluedOver the last 90 days, the stock has risen 17% to US$6.29. The fair value is estimated to be US$7.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Apr 20Centerra Gold Inc. to Report Q1, 2024 Results on May 14, 2024Centerra Gold Inc. announced that they will report Q1, 2024 results Pre-Market on May 14, 2024Upcoming Dividend • Mar 05Upcoming dividend of CA$0.07 per shareEligible shareholders must have bought the stock before 12 March 2024. Payment date: 27 March 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (2.5%).Recent Insider Transactions • Mar 04Executive VP & CFO recently sold US$366k worth of stockOn the 1st of March, Darren Millman sold around 73k shares on-market at roughly US$5.03 per share. This transaction amounted to 90% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Darren has been a net seller over the last 12 months, reducing personal holdings by US$358k.Declared Dividend • Feb 26Fourth quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 12th March 2024 Payment date: 27th March 2024 Dividend yield will be 4.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (27% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time.お知らせ • Feb 24Centerra Gold Inc., Annual General Meeting, May 14, 2024Centerra Gold Inc., Annual General Meeting, May 14, 2024.Reported Earnings • Feb 23Full year 2023 earnings released: US$0.37 loss per share (vs US$0.29 loss in FY 2022)Full year 2023 results: US$0.37 loss per share (further deteriorated from US$0.29 loss in FY 2022). Revenue: US$1.09b (up 29% from FY 2022). Net loss: US$81.3m (loss widened 5.3% from FY 2022). Revenue is expected to decline by 6.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to grow by 4.5%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.お知らせ • Feb 23Centerra Gold Announces Quarterly Dividend, Payable on March 27, 2024Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 15.1 million or USD 11.2 million. The quarterly dividend is payable on March 27, 2024, to shareholders of record as of the close of business on March 13, 2024. The dividend is an eligible dividend for Canadian income tax purposes.Price Target Changed • Feb 16Price target increased by 8.0% to US$6.75Up from US$6.25, the current price target is an average from 9 analysts. New target price is 32% above last closing price of US$5.10. Stock is down 18% over the past year. The company is forecast to post earnings per share of US$0.041 next year compared to a net loss per share of US$0.29 last year.お知らせ • Feb 15Centerra Gold Inc. to Report Q4, 2023 Results on Feb 22, 2024Centerra Gold Inc. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024お知らせ • Feb 14+ 1 more updateCenterra Gold Inc. Announces Production Guidance for 2024Centerra Gold Inc. announced production guidance for 2024. For the full year, the company expected gold production of 370–410 koz and total Copper production was 55-65 Mlbs.Price Target Changed • Jan 23Price target decreased by 11% to US$6.25Down from US$7.00, the current price target is an average from 9 analysts. New target price is 12% above last closing price of US$5.59. Stock is down 9.7% over the past year. The company is forecast to post earnings per share of US$0.016 next year compared to a net loss per share of US$0.29 last year.お知らせ • Jan 23+ 1 more updateCenterra Gold Inc. Announces Chief Financial Officer TransitionCenterra Gold Inc. announced that Ryan Snyder will be promoted to Chief Financial Officer (“CFO”), effective April 8, 2024. Mr. Snyder will succeed Darren Millman, who is leaving to pursue another opportunity in the mining industry in Australia. Mr. Snyder is currently Centerra’s Vice President, Finance. He joined Centerra in May 2022 and brings over 15 years of experience in financial management in the mining industry. Prior to Centerra, Ryan was CFO of Electra Battery Materials Corporation from 2018 to 2022 and CFO of Primero Mining Corporation from 2017 to 2018. He previously held key financial roles at numerous resource companies, including 5 years in operations finance with Inmet Mining Corporation. Ryan started his career with KPMG in Toronto in 2005. He holds a Bachelor of Commerce degree from Queen’s University and is a Chartered Professional Accountant.Seeking Alpha • Jan 10Centerra Gold Stock Is A Fair HoldSummary Centerra Gold has had a rocky few years with the loss of one mine and temporary shutdown of another, resulting in low share prices. Recent improvements in financial results make shares of CGAU a decent hold, with a 3.6% dividend yield. The company's actively producing mines, Mount Milligan and Öksüt, have provided $49m in free cash flow in 2023. Read the full article on Seeking AlphaUpcoming Dividend • Nov 07Upcoming dividend of CA$0.07 per share at 3.4% yieldEligible shareholders must have bought the stock before 14 November 2023. Payment date: 29 November 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 3.4%. Lower than top quartile of American dividend payers (5.1%). Higher than average of industry peers (2.8%).Reported Earnings • Nov 02Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: US$0.28 (up from US$0.14 loss in 3Q 2022). Revenue: US$343.9m (up 92% from 3Q 2022). Net income: US$60.6m (up US$94.5m from 3Q 2022). Profit margin: 18% (up from net loss in 3Q 2022). Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 76%. Revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.お知らせ • Nov 02Centerra Gold Inc. Provides Production Guidance for the Year 2023 and 2024Centerra Gold Inc. provided production guidance for the year 2023 and 2024. The company now expects full year 2023 gold production at Mount Milligan to be 150,000 to 160,000 ounces, down from the previous guidance range of 160,000 to 170,000 ounces, and copper production to be near the low end of the previously-provided guidance range of 60 million pounds to 70 million pounds. The company also expects higher levels of gold production and similar levels of copper production in 2024 compared to 2023 production guidance levels.決済の安定と成長配当データの取得安定した配当: CGAUの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: CGAUの配当金は過去10年間にわたって増加しています。配当利回り対市場Centerra Gold 配当利回り対市場CGAU 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (CGAU)1.2%市場下位25% (US)1.4%市場トップ25% (US)4.3%業界平均 (Metals and Mining)1.5%アナリスト予想 (CGAU) (最長3年)1.3%注目すべき配当: CGAUの配当金 ( 1.22% ) はUS市場の配当金支払者の下位 25% ( 1.42% ) と比べると目立ったものではありません。高配当: CGAUの配当金 ( 1.22% ) はUS市場の配当金支払者の上位 25% ( 4.25% ) と比較すると低いです。株主への利益配当収益カバレッジ: CGAU の配当性向 (6.6%) は低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: CGAUの 現金配当性向 ( 30.1% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YUS 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 04:31終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Centerra Gold Inc. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。26 アナリスト機関Richard GrayATB CormarkRaj RayBMO Capital Markets Equity ResearchBrian QuastBMO Capital Markets Equity Research23 その他のアナリストを表示
Upcoming Dividend • May 17Upcoming dividend of CA$0.07 per shareEligible shareholders must have bought the stock before 21 May 2026. Payment date: 04 June 2026. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.5%).
Declared Dividend • May 03First quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 21st May 2026 Payment date: 4th June 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 02Centerra Gold Inc. Approves Quarterly Dividend, Payable on June 4, 2026Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 13.9 million or USD 10.0 million in aggregate. The quarterly dividend is payable on June 4, 2026, to shareholders of record as of the close of business on May 21, 2026. The dividend is an eligible dividend for Canadian income tax purposes.
Declared Dividend • Oct 31Third quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 13th November 2025 Payment date: 26th November 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 15% over the next 2 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range.
お知らせ • May 06+ 1 more updateCenterra Gold Inc. Announces Quarterly Dividend, Payable on June 5, 2025Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 14.6 million or USD 10.1 million in aggregate. The quarterly dividend is payable on June 5, 2025, to shareholders of record as of the close of business on May 22, 2025.
Declared Dividend • Feb 25Third quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 13th March 2025 Payment date: 27th March 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • May 17Upcoming dividend of CA$0.07 per shareEligible shareholders must have bought the stock before 21 May 2026. Payment date: 04 June 2026. Payout ratio is a comfortable 6.6% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (1.5%).
New Risk • May 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 11% per year for the foreseeable future. High level of non-cash earnings (38% accrual ratio). Minor Risk Significant insider selling over the past 3 months (US$425k sold).
Buy Or Sell Opportunity • May 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 9.4% to US$18.01. The fair value is estimated to be US$14.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable.
Declared Dividend • May 03First quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 21st May 2026 Payment date: 4th June 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 02Centerra Gold Inc. Approves Quarterly Dividend, Payable on June 4, 2026Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 13.9 million or USD 10.0 million in aggregate. The quarterly dividend is payable on June 4, 2026, to shareholders of record as of the close of business on May 21, 2026. The dividend is an eligible dividend for Canadian income tax purposes.
Reported Earnings • Apr 30First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: US$0.40 (up from US$0.14 in 1Q 2025). Revenue: US$484.7m (up 62% from 1Q 2025). Net income: US$79.4m (up 161% from 1Q 2025). Profit margin: 16% (up from 10% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 37%. Earnings per share (EPS) missed analyst estimates by 9.2%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Metals and Mining industry in the US. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Apr 30Centerra Gold: Re-Rating Opportunity Remains Intact Despite Near-Term Iran PressureSummary Centerra Gold (CGAU) remains a Strong Buy, with deep undervaluation and significant re-rating potential as it pivots to North America. CGAU delivered strong Q1 results: $49M FCF, 61.8% YoY revenue growth, and robust liquidity, despite operational headwinds and a Turkish mine in decline. The company’s self-funded growth strategy leverages high gold prices and a secured CAPEX pipeline, targeting long-term production expansion from North American assets. Valuation implies an intrinsic value well above current market price even under conservative estimates, reflecting discounted execution and geopolitical risks but substantial upside as the pivot advances. Read the full article on Seeking Alpha
お知らせ • Apr 03Centerra Gold Inc. to Report Q1, 2026 Results on Apr 29, 2026Centerra Gold Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2026
お知らせ • Mar 31Centerra Gold Inc. Announces Executive ChangesCenterra Gold Inc. announces that David Hendriks, Executive Vice President and Chief Operating Officer (COO), will be leaving the Company. He will remain available to the Company in a consulting capacity to support a smooth transition. Mike Sylvestre will assume the responsibilities of COO on an interim basis, effective March 30, 2026. Mr. Sylvestre is a seasoned mining executive with over 45 years of international experience and has held leadership roles at major, mid-tier and junior mining companies. He most recently served as Senior Vice President, Americas at Kinross Gold, retiring in 2022. Over the course of his career, he has held a range of senior operational and executive roles, with a strong track record in leading both established and start-up operations, driving safety performance, operational excellence, and sustainable practices. He currently serves on the boards of Hochschild Mining and Vista Gold Corp. Mr. Sylvestre holds a Master of Science in Mining and Mineral Engineering from McGill University and a Bachelor of Science in Mining Engineering from Queen’s University and is a member of the Professional Engineers of Ontario.
お知らせ • Feb 24Centerra Gold Inc., Annual General Meeting, May 05, 2026Centerra Gold Inc., Annual General Meeting, May 05, 2026.
お知らせ • Feb 20+ 2 more updatesCenterra Gold Inc. Announces 2025 Year-End Mineral Reserves and Resources and Provides Exploration UpdateCenterra Gold Inc. announced its 2025 year-end estimates for mineral reserves and mineral resources. Proven and probable gold mineral reserves increased 58% year-over-year to 5.5 million ounces, and proven and probable copper mineral reserves increased 49% year-over-year to 1.7 billion pounds, as of December 31, 2025. Measured and indicated gold mineral resources inclusive of reserves were 10.8 million ounces and measured and indicated copper mineral resources inclusive of reserves were 3.6 billion pounds, as of December 31, 2025. In 2025, Centerra continued to advance its organic growth pipeline and updated its mineral reserves and mineral resources estimates for the Goldfield project (“Goldfield”), the Mount Milligan mine (“Mount Milligan”) and the Kemess project (“Kemess). Exploration activities in the fourth quarter of 2025 included drilling, surface rock and soil sampling, geological mapping, and geophysical surveying, targeting gold and copper mineralization at the Company’s projects and properties in Canada, Türkiye, and the United States. 2025 Exploration Highlights: The mineralization at Mount Milligan continued to expand to the west towards North Slope due to the significant drill intercepts at the Goldmark and Saddle West areas. During the year, a total of 56,835 metres of core drilling was completed across 200 holes. Drilling, model updates, and increased commodity prices resulted in an increase of approximately 2 million ounces of gold and 500 million pounds of copper to the mineral resource base. At Kemess, a total of 31,940 metres of drilling was completed in the Kemess Main and Kemess South open pit areas. At Kemess Main, drilling throughout the year was carried out to infill the resource within the Kemess Main open pit and the Kemess Underground as well as to bridge the gap between the Kemess Underground and Kemess East resource at the Offset zone. Results confirm the grade and extent of mineralization within the resource pit and within the Nugget and Kemess Main open pit areas, supporting local upgrades to the resource classification. Results for the Kemess Offset drilling also indicate the potential to delineate the resource at the Offset zone. Material within the Offset Zone is an unclassified resource and is not included in the Kemess Main mineral resource. At the Öksüt mine (“Öksüt”), 796 metres of drilling was completed during the first quarter of the year. In the United States, drilling at Goldfield and the Oakley project (“Oakley”) did not start until mid-December 2025.Full year 2025 drilling totalled 113.5 kilometres (“km”), including greenfield projects.2026 Exploration Outlook: Exploration expenditures in 2026 are expected to be $40 to $50 million, including $20 to $25 million of brownfield exploration focused on Mount Milligan, Kemess, and Öksüt, and $20 to $25 million of spending on greenfield and generative exploration programs. Centerra is expected to continue to explore the western extension of the Mount Milligan deposit and perform infill drilling to upgrade the inferred resources to the indicated category. Drilling is expected to continue to test the western extension of the Kemess South deposit. Approximately 15% of the total 2026 exploration expenditures are allocated to Kemess to drill approximately 14 km. Centerra is expected to continue to advance greenfield exploration projects around Mount Milligan, including Cauldron and the Syndicate joint venture projects in British Columbia and at the optioned-deal agreement projects in northwestern Ontario. In the United States, Centerra is expected to continue to explore for near surface oxide mineralization within the Goldfield district in Nevada and at Oakley in Idaho. Centerra is also expected to continue advancing exploration work at its greenfield projects, Cirrus in Nevada, Jones Creek in Utah, and at two new option-deal agreement projects in Idaho. In Türkiye, as part of a life of mine optimization study, work is underway at Öksüt to identify potential targets that will be drilled during 2026. Centerra is expected to continue drilling at the Ulu joint venture project and at other early-stage joint venture projects that were identified in 2025. Mount Milligan: In 2025, the Company increased its mineral resource inclusive of reserves by approximately 2 million ounces gold and 500 million pounds copper. The 2026 exploration drilling program at the site is focused on significantly expanding the mineral resource base to the west and southwest. In 2025, a total of 48,372 metres of infill drilling was completed across 169 drillholes, and 8,462 metres of brownfield exploration drilling was completed across 31 drillholes. Brownfield exploration focused on targets west of the current ultimate pit margins including the North Slope, Goldmark, Saddle West, and Boundary zones. The 2025 exploration drilling at Goldmark returned significant gold assay results from the upper portions of the holes and increased porphyry mineralization at depth, resulting in the extension of the resource shell towards the North Slope area. Drilling of the South Boundary area identified high-grade gold, low copper vein mineralization supporting a previous interpretation that the zone represents a gold rich cap of an underlying porphyry deposit, similar to the geometry of the 66 zone and the MBX stock. Continued drilling within the area has the potential to identify a gold-copper mineralization northwest towards the Boundary zone area. Approximately 20% of the total 2026 exploration expenditures are allocated to drilling programs at Mount Milligan to upgrade the inferred resources between Goldmark and North Slope and to expand the resources at Saddle West and South Boundary areas. Ongoing exploration continues to highlight the potential to further expand mineral resources and extend mine life beyond the updated 2025 PFS mine plan. Mount Milligan remains a strategic cornerstone asset in Centerra’s portfolio, with 20 years of mine life, meaningful low-cost gold and copper production, strong cash flow generation, and significant opportunity for future exploration potential in a top tier mining jurisdiction. The Goldmark zone is directly west of the current Mount Milligan pit design, situated above the high grade DWBX zone. In 2025, drilling continued to test and infill the western extent of the Goldmark mineralization that had been intersected in previous drill programs. Shallow porphyry-style gold and copper mineralization is hosted at the margins of dykes and the Goldmark stock. High gold-low copper (“HGLC”) style mineralization occurs throughout the zone above the gold-copper porphyry mineralization. During 2026, Centerra is expected to complete the infill drilling in the Kemess Main zone, as well as at the Kemess Offset zone to help bridge the mineralization gap between Kemess Underground and Kemess East.
お知らせ • Jan 30Centerra Gold Inc. Announces Temporary Suspension of Operations at Langeloth Metallurgical Facility Due to ExplosionCenterra Gold Inc. has suspended operations at its Langeloth Metallurgical Facility ("Langeloth") near Pittsburgh, Pennsylvania following an explosion on January 29, 2026 at approximately 6:15 p.m. Eastern Time, which was a result of an uncontrolled mixture of chemicals leading to an uncontained chemical reaction adjacent to the acid plant. No fatalities were reported, but two contractors were taken to hospital with injuries, and two employees were taken to hospital for precautionary reasons. Presently, there is no indication of a significant environmental release. The relevant regulatory agencies and authorities have been notified. The Company is currently assessing Langeloth's estimated downtime and will provide an update when more information is available.
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$18.93, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Metals and Mining industry in the US. Total returns to shareholders of 230% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$18.12 per share.
お知らせ • Jan 21Centerra Gold Receives Permit Amendments for Mount Milligan to Continue Operations Through 2035Centerra Gold Inc. confirmed that its Mount Milligan Mine ("Mount Milligan"), located in central British Columbia, has received an amended environmental assessment and all related permits to allow for the continuation of its operations through 2035. These authorizations include a 10% expansion in plant throughput beginning in 2028 and increased stockpile capacity needed for plant feed flexibility. In January 2025, Mount Milligan was selected by the Province of British Columbia as one of four mining projects which would qualify for expedited permitting to support economic development in the province. Centerra continues to progress engineering and other studies to support future permit authorizations which will be required to achieve the recently announced mine life extension of Mount Milligan to 2045 as outlined in a Pre-Feasibility Study.
New Risk • Jan 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.0% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
Price Target Changed • Jan 20Price target increased by 15% to US$13.00Up from US$11.30, the current price target is an average from 10 analysts. New target price is 28% below last closing price of US$18.10. Stock is up 201% over the past year. The company is forecast to post earnings per share of US$1.60 for next year compared to US$0.38 last year.
お知らせ • Jan 20Centerra Gold Inc. Announces an Updated Mineral Resource and the Results of A PEA for Its Kemess Project in British ColumbiaCenterra Gold Inc. announced an updated mineral resource and the results of a PEA for its Kemess project in British Columbia, showing robust economics including an after-tax net present value (5%) Kemess Updated Resource and PEA Highlights: Expanded mineral resource at Kemess enhances the project's overall scale and supports its long-term production potential: The updated mineral resource contains 3.3 million ounces of gold and 1.1 billion pounds of copper in the indicated category, and 3.6 million ounces of gold and1.2 billion pounds of copper in the inferred category. Once underground production commences, both mining methods operate concurrently for the remainder of the projected 15-year mine life. Significant exploration upside across the property: In 2025, a total of 28 kilometres of drilling was completed, focused on infilling the resource at Kemess Main open pit, Kemess Underground and Nugget zones, as well as resource extension drilling at Kemess Offset. Results confirm the continuity of mineralization within the resource areas. Once underground production commencing, both mining methods operate concurrentlyfor the remainder of the 15 year mine life. The plant is expected to increase overall gold recovery by approximately 14%, enhancing the project's economics. In 2025, a total of28 km of drilling was completed, focused On infilling the resource at KemESS Main open pit, Kemess underground and Nugget, as well as resource extension drilled at Kemess Offset. results confirm the continuity of mineralization Within the resource areas. The Kemess Underground mineral resource is constrained by optimized stope shapes using commercially available software. The Kemess East underground mineral resource is constrained by optimizedstope shapes using commercially available software; The Kemess East underground mineral resources is constrained by optimized stope shape using commercially available software.
お知らせ • Jan 06Centerra Gold Inc. to Report Q4, 2025 Results on Feb 19, 2026Centerra Gold Inc. announced that they will report Q4, 2025 results After-Market on Feb 19, 2026
Declared Dividend • Oct 31Third quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 13th November 2025 Payment date: 26th November 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 15% over the next 2 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Oct 29Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: US$1.44 (up from US$0.14 in 3Q 2024). Revenue: US$395.2m (up 22% from 3Q 2024). Net income: US$292.2m (up US$263.4m from 3Q 2024). Profit margin: 74% (up from 8.9% in 3Q 2024). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Metals and Mining industry in the US. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 29+ 1 more updatePaul Wright to Succeed Michael Parrett as Chair of the Board of Directors of Centerra Gold Inc., Effective January 1, 2026Centerra Gold Inc. announced Paul Wright will succeed Michael Parrett as Chair of the Board of Directors, effective January 1, 2026. Mr. Parrett, who served as Chair since October 2019, will remain on the Board as an independent director. Mr. Wright joined Centerra’s Board as an independent director in May 2020 and brings more than 40 years of international experience in the mining sector, including 20 years as President and Chief Executive Officer of Eldorado Gold Corporation. His career has been devoted to the successful development and operation of both underground and open pit mines. Prior to his tenure at Eldorado, Mr. Wright held positions with Placer Dome Inc., Redpath Group, and Granges. He currently serves as Chair of the Board and a director of Galiano Gold Inc.
Price Target Changed • Oct 23Price target increased by 27% to US$10.70Up from US$8.43, the current price target is an average from 10 analysts. New target price is 5.1% below last closing price of US$11.28. Stock is up 50% over the past year. The company is forecast to post earnings per share of US$0.96 for next year compared to US$0.38 last year.
お知らせ • Oct 03Centerra Gold Inc. to Report Q3, 2025 Results on Oct 28, 2025Centerra Gold Inc. announced that they will report Q3, 2025 results After-Market on Oct 28, 2025
New Risk • Oct 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.6% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.2% net profit margin).
Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$11.25, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Metals and Mining industry in the US. Total returns to shareholders of 154% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$4.83 per share.
Price Target Changed • Sep 15Price target decreased by 12% to US$8.33Down from US$9.50, the current price target is an average from 10 analysts. New target price is 9.9% below last closing price of US$9.24. Stock is up 34% over the past year. The company is forecast to post earnings per share of US$0.89 for next year compared to US$0.38 last year.
お知らせ • Sep 12Centerra Gold Inc. Announces Results of Pre-Feasibility Study for the Mount Milligan Mine in British ColumbiaRoyal Gold Inc. reported that Centerra Gold Inc. has announced the results of a pre-feasibility study ("PFS") for the Mount Milligan mine in British Columbia that confirms a life of mine ("LOM") extension of approximately 10 years, to 2045, with the potential to increase the process plant throughput by approximately 10% in 2029. The cash purchase price for gold is equal to the lesser of $435 perounce, with no inflation adjustment, or the prevailing market price when purchased. The cash purchase price for copper is 15% of the spot price. In February 2024, Royal Gold announced an additional agreement with Centerra to provide cost support to allow an extension of the Mount Milligan mine life beyond 2035 and offer the potential for a future mine life increase (the "Cost Support Agreement"). This agreement provides for additional cash purchase prices for gold and copper deliveries in three periods, which are defined by gold and copper deliveries. The combined effect of this Cost Support Agreement on the payments for metal deliveries from Mount Milligan when considered with the Existing Stream Agreement is summarized in the table below: Period: Jan. 1, 2024 through 2029 -2030 through 2035 -2036 and Beyond: Au Cu Au Cu; Payments for $435/oz 15% of spot Cu; and anticipated developments relating to the Mount Milligan mine, including the amount and timing of production, increased throughput and recovery, estimates of mineral resources and mineral reserves, the construction of a second TSF, the receipt of future permits, and mine plans. Factors that could cause actual extensions, Royal Gold has another significant interest on a long-life mine in a stable and mining-friendly jurisdiction.
Reported Earnings • Aug 07Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: US$0.33 (up from US$0.18 in 2Q 2024). Revenue: US$288.3m (up 2.1% from 2Q 2024). Net income: US$68.6m (up 82% from 2Q 2024). Profit margin: 24% (up from 13% in 2Q 2024). Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 71%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Metals and Mining industry in the US. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 07+ 2 more updatesCenterra Gold Inc. Revises Consolidated Production Guidance for the Year 2025Centerra Gold Inc. revised consolidated production guidance for the year 2025. For the period, the company expects gold production to be 250,000 ounces to 290,000 ounces as compared to previous guidance of 270,000 ounces to 310,000 ounces. Total Copper production is expected to be 50 million pounds to 60 million pounds as compared to previous guidance of 50 million pounds to 60 million pounds.
お知らせ • Jul 11Kestrel Partner Centerra Drilling At QCM Gold PropertyKestrel Gold Inc. provided an update on the ongoing work program by Centerra Gold Inc. on Kestrel's QCM gold property (QCM) located in the Manson-Germanson area of central British Columbia. Centerra holds an exclusive option to earn a 75% interest in QCM by making cash payments totalling $900,000 and completing $6,500,000 in exploration work, which must include a minimum of 13,500 metres of drilling, by May 7, 2029. Centerra's current program has an approved budget of $3,000,000, and includes plans for up to 7,500 metres of diamond drilling. Drilling commenced at the Main Zone on May 25th, and as of July 6th a total of 9 holes and 2,640 metres have been completed. All holes have encountered intervals of quartz veined tuff and greywacke affected by variable intensity silica-ankerite-sericite-pyrite alteration with pyrite in some areas. Drilling is also planned for the 14 Vein zone which is a quartz veined and quartz-sericite-pyrite altered zone located approximately 7.5 kilometres northwest of the Main Zone. Analytical results for drilling will be released as they are received, compiled and interpreted. QCM Project Highlights: QCM is comprised of 8,729 hectares covering an approximate 15-kilometre strike length of the Manson Fault Zone which is thought to be a controlling structure for much of the gold mineralization in the district. Peak values from historical pre-Kestrel drilling completed within the Main Zone were found within hole 2004-002 which intersected an interval of 2.86 g/t Au over 110.95 metres, including a high-grade interval of 173 g/t Au over 1.5 metres, true widths unknown. Reverse circulation drilling by Kestrel at the Main Zone in 2021 intersected numerous gold-bearing intervals including 0.847 g/t Au over 152.44 metres including 3.665 g/t Au over 16.77 metres. Prospecting during 2022 resulted in the discovery of the 14 Vein showing, drilling of which returned 2.33 g/t Au over 44.19 metres. Geology consists of quartz-sericite-pyrite altered greywacke cut by sheeted quartz veins. Numerous historical showings occur throughout the project area, including Farrell where historical values of up to 1,777 g/t Au and 3,560 g/t Ag were returned from grab samples of an up to 3.0-metre-wide quartz vein and Flagstaff where historical values of up to 5.9 g/t Au and 1,153 g/t Ag were reported for grab samples of quartz veins and stockworks. Kestrel owns a 100% interest in the QCM Property. subsequently granted Centerra the option to earn a 75% interest in QCM. Recently completed logging and associated road building has significantly improved access throughout the property which is proving of significant value to exploration efforts.
お知らせ • Jul 07Centerra Gold Inc. to Report Q2, 2025 Results on Aug 06, 2025Centerra Gold Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025
Reported Earnings • May 07First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: US$0.15 (down from US$0.31 in 1Q 2024). Revenue: US$299.5m (down 2.1% from 1Q 2024). Net income: US$30.5m (down 54% from 1Q 2024). Profit margin: 10% (down from 22% in 1Q 2024). Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) missed analyst estimates by 2.0%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Metals and Mining industry in the US. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • May 06+ 1 more updateCenterra Gold Inc. Announces Quarterly Dividend, Payable on June 5, 2025Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 14.6 million or USD 10.1 million in aggregate. The quarterly dividend is payable on June 5, 2025, to shareholders of record as of the close of business on May 22, 2025.
Seeking Alpha • Apr 25Centerra Gold: Shareholder Value Rests On Strong Financial PillarsSummary Centerra Gold Inc. maintains a "Hold" rating due to strong liquidity, consistent dividends, and share buybacks. The company's Mount Milligan mine drives performance, while the Öksüt mine faces lower production; rising gold and copper prices provide support. Centerra's financial health is robust, with over $1 billion in liquidity and strong free cash flow, enabling future growth projects and shareholder returns. Investors should hold shares, awaiting a price dip for better entry/increase opportunity, as volatility and potential interest rate sentiment may impact stock performance. Read the full article on Seeking Alpha
Price Target Changed • Apr 21Price target increased by 21% to US$8.75Up from US$7.25, the current price target is an average from 10 analysts. New target price is 27% above last closing price of US$6.90. Stock is up 14% over the past year. The company is forecast to post earnings per share of US$0.69 for next year compared to US$0.38 last year.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$6.61, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Metals and Mining industry in the US. Total loss to shareholders of 29% over the past three years.
お知らせ • Apr 10Centerra Gold Inc. to Report Q1, 2025 Results on May 06, 2025Centerra Gold Inc. announced that they will report Q1, 2025 results Pre-Market on May 06, 2025
Price Target Changed • Apr 08Price target decreased by 12% to US$7.25Down from US$8.25, the current price target is an average from 10 analysts. New target price is 31% above last closing price of US$5.52. Stock is down 9.4% over the past year. The company is forecast to post earnings per share of US$0.66 for next year compared to US$0.38 last year.
お知らせ • Apr 04Centerra Gold Inc. Announces Board ChangesCenterra Gold Inc. announced that Sheryl Pressler, the longest serving director in the history of the company with 17 years of service, will not be standing for re-election to the board. Also not standing for re-election is Susan Yurkovich who has recently been appointed as Chief Executive Officer of Canfor Corporation. With her new responsibilities, Susan regrets she will not be able to dedicate the time necessary to be effective for the Shareholders of Centerra.
New Risk • Mar 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 43% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
お知らせ • Mar 05Centerra Gold Inc. Announces Executive ChangesCenterra Gold Inc. announced the appointment of David Hendriks as Executive Vice President and Chief Operating Officer, effective April 15, 2025. Paul Chawrun, Executive Vice President and Chief Operating Officer, will be leaving the Company on March 31, 2025. Mr. Hendriks is a seasoned mining executive with over 30 years of industry experience and has held leadership roles at Calibre Mining and Kinross Gold. Most recently, as Senior Vice President of Nicaraguan Operations at Calibre Mining, he oversaw multi-site operations, drove production growth, and advanced sustainability initiatives. Prior to that he held senior leadership positions at Kinross Gold, managing large-scale gold mining operations in Nevada and Mauritania. David holds a Bachelor of Science in Mine Engineering from Queen’s University.
Recent Insider Transactions • Mar 02Independent Director recently bought US$197k worth of stockOn the 28th of February, Paul Wright bought around 35k shares on-market at roughly US$5.63 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$92k more in shares than they bought in the last 12 months.
Declared Dividend • Feb 25Third quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 13th March 2025 Payment date: 27th March 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 25Centerra Gold Inc., Annual General Meeting, May 06, 2025Centerra Gold Inc., Annual General Meeting, May 06, 2025.
お知らせ • Feb 21+ 1 more updateCenterra Gold Inc. Provides Consolidated Production Guidance for the Year 2025Centerra Gold Inc. provided consolidated production guidance for the year 2025. For the period, the company gold production to be 270,000 to 310,000 ounces, driven by Öksüt returning to normal production levels, as planned, after processing inventory that was accumulated during the shutdown of operations prior to restart in early June 2023. Copper production is expected to be 50 to 60 million pounds.
New Risk • Feb 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 23% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Seeking Alpha • Feb 01Centerra Gold: Shareholder Value Gains Momentum On Robust Operations And Metal PricesSummary Centerra Gold Inc. maintains a Hold rating due to its strong financial position, consistent production, and rising metal prices, with potential for additional shareholder value through dividends and buybacks. The company operates gold and copper mines in Canada and Turkey, with plans to restart molybdenum production in Idaho by 2027, enhancing future profitability. Centerra's liquidity of approximately $1 billion supports its capital expenditures and growth projects, with a focus on efficient capital allocation and cost control. Investors should hold shares for now, considering buying on dips and taking profits at significant peaks, given the stock's correlation with gold prices. Read the full article on Seeking Alpha
お知らせ • Jan 14Centerra Gold Inc. to Report Q4, 2024 Results on Feb 20, 2025Centerra Gold Inc. announced that they will report Q4, 2024 results After-Market on Feb 20, 2025
Price Target Changed • Nov 22Price target increased by 13% to US$8.75Up from US$7.78, the current price target is an average from 9 analysts. New target price is 40% above last closing price of US$6.24. Stock is up 13% over the past year. The company is forecast to post earnings per share of US$0.90 next year compared to a net loss per share of US$0.37 last year.
New Risk • Nov 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.1% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (US$222k sold).
New Risk • Nov 14New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$222k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (US$222k sold).
New Risk • Nov 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Declared Dividend • Nov 04Third quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 13th November 2024 Payment date: 27th November 2024 Dividend yield will be 3.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 15% over the next 3 years. However, it would need to fall by 52% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Nov 02Centerra Gold Inc. Provides Earnings Guidance for the Year 2024Centerra Gold Inc. provided earnings guidance for the year 2024. For the year, the company expects loss from operations of $5 million - $15 million.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.14 (vs US$0.28 in 3Q 2023)Third quarter 2024 results: EPS: US$0.14 (down from US$0.28 in 3Q 2023). Revenue: US$323.9m (down 5.8% from 3Q 2023). Net income: US$28.8m (down 53% from 3Q 2023). Profit margin: 8.9% (down from 18% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to grow by 5.3%. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 01Centerra Gold Inc. Approves Quarterly Dividend, Payable on November 27, 2024Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 14.8 million or USD 11.0 million in aggregate. The quarterly dividend is payable on November 27, 2024, to shareholders of record as of the close of business on November 13, 2024. The dividend is an eligible dividend for Canadian income tax purposes.
お知らせ • Oct 04Centerra Gold Inc. to Report Q3, 2024 Results on Oct 31, 2024Centerra Gold Inc. announced that they will report Q3, 2024 results After-Market on Oct 31, 2024
Recent Insider Transactions • Oct 02Executive Vice President of People recently sold US$222k worth of stockOn the 27th of September, Claudia D'Orazio sold around 29k shares on-market at roughly US$7.56 per share. This transaction amounted to 44% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$547k more than they bought in the last 12 months.
Price Target Changed • Oct 01Price target increased by 7.1% to US$8.25Up from US$7.70, the current price target is an average from 10 analysts. New target price is 14% above last closing price of US$7.25. Stock is up 55% over the past year. The company is forecast to post earnings per share of US$0.87 next year compared to a net loss per share of US$0.37 last year.
Declared Dividend • Aug 05Second quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 15th August 2024 Payment date: 29th August 2024 Dividend yield will be 3.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 20% over the next 3 years. However, it would need to fall by 57% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Aug 02Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: US$0.18 (up from US$0.18 loss in 2Q 2023). Revenue: US$282.3m (up 53% from 2Q 2023). Net income: US$37.7m (up US$77.4m from 2Q 2023). Profit margin: 13% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) exceeded analyst estimates by 3.4%. Revenue is expected to decline by 11% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to grow by 5.1%. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
New Risk • Aug 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.1% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Aug 02+ 1 more updateCenterra Gold Inc. Provides Production Guidance for 2024Centerra Gold Inc. provided production guidance for 2024. For the full year, the company expected gold production of 370–410 koz and total Copper production was 55-65 Mlbs.
お知らせ • Jul 11Centerra Gold Inc. to Report Q2, 2024 Results on Aug 01, 2024Centerra Gold Inc. announced that they will report Q2, 2024 results After-Market on Aug 01, 2024
Price Target Changed • May 28Price target increased by 7.7% to US$7.70Up from US$7.15, the current price target is an average from 10 analysts. New target price is 6.8% above last closing price of US$7.21. Stock is up 32% over the past year. The company is forecast to post earnings per share of US$0.53 next year compared to a net loss per share of US$0.37 last year.
Price Target Changed • May 24Price target increased by 13% to US$7.65Up from US$6.75, the current price target is an average from 10 analysts. New target price is 9.0% above last closing price of US$7.02. Stock is up 38% over the past year. The company is forecast to post earnings per share of US$0.53 next year compared to a net loss per share of US$0.37 last year.
Declared Dividend • May 16First quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 29th May 2024 Payment date: 12th June 2024 Dividend yield will be 3.2%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 39% over the next 3 years. Since a fall of 13% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
New Risk • May 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 15% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (US$516k sold).
Reported Earnings • May 15First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: US$0.31 (up from US$0.34 loss in 1Q 2023). Revenue: US$305.9m (up 35% from 1Q 2023). Net income: US$66.4m (up US$139.9m from 1Q 2023). Profit margin: 22% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 197%. Revenue is expected to decline by 13% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to grow by 5.0%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
お知らせ • May 15+ 1 more updateCenterra Gold Inc. Approves Quarterly Dividend, Payable on June 12, 2024Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 15.0 million or USD 11.1 million. The quarterly dividend is payable on June 12, 2024, to shareholders of record as of the close of business on May 29, 2024.
Buy Or Sell Opportunity • Apr 29Now 21% undervaluedOver the last 90 days, the stock has risen 17% to US$6.29. The fair value is estimated to be US$7.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Apr 20Centerra Gold Inc. to Report Q1, 2024 Results on May 14, 2024Centerra Gold Inc. announced that they will report Q1, 2024 results Pre-Market on May 14, 2024
Upcoming Dividend • Mar 05Upcoming dividend of CA$0.07 per shareEligible shareholders must have bought the stock before 12 March 2024. Payment date: 27 March 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (2.5%).
Recent Insider Transactions • Mar 04Executive VP & CFO recently sold US$366k worth of stockOn the 1st of March, Darren Millman sold around 73k shares on-market at roughly US$5.03 per share. This transaction amounted to 90% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Darren has been a net seller over the last 12 months, reducing personal holdings by US$358k.
Declared Dividend • Feb 26Fourth quarter dividend of CA$0.07 announcedShareholders will receive a dividend of CA$0.07. Ex-date: 12th March 2024 Payment date: 27th March 2024 Dividend yield will be 4.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (27% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time.
お知らせ • Feb 24Centerra Gold Inc., Annual General Meeting, May 14, 2024Centerra Gold Inc., Annual General Meeting, May 14, 2024.
Reported Earnings • Feb 23Full year 2023 earnings released: US$0.37 loss per share (vs US$0.29 loss in FY 2022)Full year 2023 results: US$0.37 loss per share (further deteriorated from US$0.29 loss in FY 2022). Revenue: US$1.09b (up 29% from FY 2022). Net loss: US$81.3m (loss widened 5.3% from FY 2022). Revenue is expected to decline by 6.8% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to grow by 4.5%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 23Centerra Gold Announces Quarterly Dividend, Payable on March 27, 2024Centerra Gold Inc. announced that its Board of Directors has approved a quarterly dividend of CAD 0.07 per common share – approximately CAD 15.1 million or USD 11.2 million. The quarterly dividend is payable on March 27, 2024, to shareholders of record as of the close of business on March 13, 2024. The dividend is an eligible dividend for Canadian income tax purposes.
Price Target Changed • Feb 16Price target increased by 8.0% to US$6.75Up from US$6.25, the current price target is an average from 9 analysts. New target price is 32% above last closing price of US$5.10. Stock is down 18% over the past year. The company is forecast to post earnings per share of US$0.041 next year compared to a net loss per share of US$0.29 last year.
お知らせ • Feb 15Centerra Gold Inc. to Report Q4, 2023 Results on Feb 22, 2024Centerra Gold Inc. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024
お知らせ • Feb 14+ 1 more updateCenterra Gold Inc. Announces Production Guidance for 2024Centerra Gold Inc. announced production guidance for 2024. For the full year, the company expected gold production of 370–410 koz and total Copper production was 55-65 Mlbs.
Price Target Changed • Jan 23Price target decreased by 11% to US$6.25Down from US$7.00, the current price target is an average from 9 analysts. New target price is 12% above last closing price of US$5.59. Stock is down 9.7% over the past year. The company is forecast to post earnings per share of US$0.016 next year compared to a net loss per share of US$0.29 last year.
お知らせ • Jan 23+ 1 more updateCenterra Gold Inc. Announces Chief Financial Officer TransitionCenterra Gold Inc. announced that Ryan Snyder will be promoted to Chief Financial Officer (“CFO”), effective April 8, 2024. Mr. Snyder will succeed Darren Millman, who is leaving to pursue another opportunity in the mining industry in Australia. Mr. Snyder is currently Centerra’s Vice President, Finance. He joined Centerra in May 2022 and brings over 15 years of experience in financial management in the mining industry. Prior to Centerra, Ryan was CFO of Electra Battery Materials Corporation from 2018 to 2022 and CFO of Primero Mining Corporation from 2017 to 2018. He previously held key financial roles at numerous resource companies, including 5 years in operations finance with Inmet Mining Corporation. Ryan started his career with KPMG in Toronto in 2005. He holds a Bachelor of Commerce degree from Queen’s University and is a Chartered Professional Accountant.
Seeking Alpha • Jan 10Centerra Gold Stock Is A Fair HoldSummary Centerra Gold has had a rocky few years with the loss of one mine and temporary shutdown of another, resulting in low share prices. Recent improvements in financial results make shares of CGAU a decent hold, with a 3.6% dividend yield. The company's actively producing mines, Mount Milligan and Öksüt, have provided $49m in free cash flow in 2023. Read the full article on Seeking Alpha
Upcoming Dividend • Nov 07Upcoming dividend of CA$0.07 per share at 3.4% yieldEligible shareholders must have bought the stock before 14 November 2023. Payment date: 29 November 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 3.4%. Lower than top quartile of American dividend payers (5.1%). Higher than average of industry peers (2.8%).
Reported Earnings • Nov 02Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: US$0.28 (up from US$0.14 loss in 3Q 2022). Revenue: US$343.9m (up 92% from 3Q 2022). Net income: US$60.6m (up US$94.5m from 3Q 2022). Profit margin: 18% (up from net loss in 3Q 2022). Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 76%. Revenue is expected to decline by 4.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 02Centerra Gold Inc. Provides Production Guidance for the Year 2023 and 2024Centerra Gold Inc. provided production guidance for the year 2023 and 2024. The company now expects full year 2023 gold production at Mount Milligan to be 150,000 to 160,000 ounces, down from the previous guidance range of 160,000 to 170,000 ounces, and copper production to be near the low end of the previously-provided guidance range of 60 million pounds to 70 million pounds. The company also expects higher levels of gold production and similar levels of copper production in 2024 compared to 2023 production guidance levels.