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Centerra Gold Declares Quarterly Dividend Amidst Strategic Financial Management

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Centerra Gold Declares Quarterly Dividend Amidst Strategic Financial Management

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An announcement from Centerra Gold ( (TSE:CG) ) is now available.

On February 20, 2025, Centerra Gold Inc. announced a quarterly dividend of C$0.07 per common share, totaling approximately C$14.7 million or US$10.2 million. This dividend, payable on March 27, 2025, reflects the company’s ongoing financial strategy and is aligned with its dividend policy, considering factors such as operating results and financial conditions. The announcement underscores Centerra’s commitment to providing shareholder returns while managing its financial resources effectively, with implications for stakeholder confidence in the company’s fiscal health.

More about Centerra Gold

Centerra Gold Inc. is a Canadian-based mining company, primarily engaged in the exploration, development, and acquisition of gold and copper properties, with operations in North America, Türkiye, and globally. The company operates mines such as the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye, and is also involved in projects like the Goldfield Project in Nevada, USA. Centerra Gold’s shares are traded on the TSX under the symbol CG and on the NYSE under CGAU.

YTD Price Performance: 9.51%

Average Trading Volume: 828,877

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.36B

For a thorough assessment of CG stock, go to TipRanks’ Stock Analysis page.

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