CGAU Stock Recent News

There are plenty of items to load up in your shopping cart at Costco -- but gold bars shouldn't be one of them.

The average of price targets set by Wall Street analysts indicates a potential upside of 32.2% in Centerra Gold (CGAU). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Integrated value of Thompson Creek and Langeloth is expected to haveafter-tax NPV8% of $472M and IRR of 22%Langeloth, at full capacity and integrated with Thompson Creek, is expected to generateapproximately $45M earnings from operations and $50M EBITDANG per year

TORONTO, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) will release the strategic plan for its US molybdenum operations, including results from the Thompson Creek feasibility study and Langeloth Metallurgical Facility commercial optimization plan, after the market closes on Thursday, September 12, 2024. The Company will host a conference call and webcast to discuss the release on Friday, September 13, 2024, at 9:00 a.m. Eastern Time. Details for the conference call and webcast are included below.

Centerra Gold (CGAU) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Centerra Gold Inc. (CGAU) Q2 2024 Earnings Call Transcript

TORONTO, Aug. 01, 2024 (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$14.9 million or US$10.9 million in aggregate. The quarterly dividend is payable on August 29, 2024, to shareholders of record as of the close of business on August 15, 2024. The dividend is an eligible dividend for Canadian income tax purposes.

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.