CGAU Stock Recent News
CGAU LATEST HEADLINES
Fortuna Mining: From Silver Miner To Undervalued Gold Mining Opportunity
Centerra Gold Inc. (NYSE:CGAU ) Q2 2025 Earnings Conference Call August 7, 2025 9:00 AM ET Company Participants David Hendriks - Executive VP & COO Lisa Wilkinson - Vice President of Investor Relations & Corporate Communications Paul Botond Stilicho Tomory - President, CEO & Director Ryan Snyder - Executive VP & CFO Conference Call Participants Don DeMarco - National Bank Financial, Inc. Lawson Winder - BofA Securities Luke Bertozzi - CIBC Capital Markets Raj Udayan Ray - BMO Capital Markets Equity Research Operator Thank you for standing by. This is the conference operator.
Presentation Operator MessageOperator (Operator)Thank you for standing by. This is the conference operator. Welcome to the Centerra Gold Second Quarter 2025 Conference Call. [Operator Instructions] I
While the top- and bottom-line numbers for Centerra Gold (CGAU) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announced today that its Board of Directors has approved a quarterly dividend of C$0.07 per common share – approximately C$14.3 million or US$10.5 million in aggregate. The quarterly dividend is payable on September 4, 2025, to shareholders of record as of the close of business on August 21, 2025. The dividend is an eligible dividend for Canadian income tax purposes.
This news release contains forward-looking information about expected future events that is subject to risks and assumptions set out in the “Cautionary Statement on Forward-Looking Information” below. All figures are in United States dollars. All production figures reflect payable metal quantities and are on a 100% basis, unless otherwise stated. For references denoted with NG, refer to the “Non-GAAP and Other Financial Measures” disclosure at the end of this news release for a description of these measures.
The Goldfield Project is expected to have after-tax NPV 5% of $245M and IRR of 30%
MONTREAL, July 28, 2025 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland” or the “Corporation”) (TSX-V: MD) is pleased to announce the closing of a previously announced private placement (see press release dated July 22, 2025), for gross proceeds of $5,058,750 from the sale of 10,650,000 shares of the Corporation (each a “FT Share”) at a price of $0.475 per FT Share. Each FT Share will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (“Tax Act”).
MONTREAL, July 22, 2025 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland” or the “Corporation”) (TSX-V: MD) is pleased to announce that the Corporation has arranged a non-brokered private placement (the “Charity FT Offering”) for aggregate gross proceeds of $5,058,750 from the sale of 10,650,000 shares of the Corporation (each a “FT Share”) at a price of $0.475 per FT Share. Each FT Share will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) (“Tax Act”).
Centerra Gold is a strong buy thanks to its strong balance sheet, zero debt, and significant cash flow potential even after recent production setbacks. The company trades at a deep discount to net asset value and offers a combined 7.8% yield through dividends and buybacks, providing strong shareholder returns. Key risks include heavy reliance on two mines, especially the Turkish asset facing declining production and geopolitical risk, making diversification urgent.