Centerra Gold ( (TSE:CG) ) has issued an update.
On May 6, 2025, Centerra Gold Inc. announced its first quarter 2025 financial results, reporting positive free cash flow and maintaining a strong cash position of $608 million. The company plans to repurchase up to $75 million of its shares in 2025, reflecting its commitment to returning capital to shareholders. Centerra is advancing its Kemess project with updated mineral resources and plans for a potential gold-copper mine with a 15-year operation. The company reported consolidated gold production of 59,379 ounces and copper production of 11.6 million pounds, with net earnings of $30.5 million for the quarter.
Spark’s Take on TSE:CG Stock
According to Spark, TipRanks’ AI Analyst, TSE:CG is a Neutral.
Centerra Gold’s stock score reflects a solid financial foundation with improving profitability and a strong balance sheet. However, technical indicators show limited momentum, and valuation metrics suggest the stock is fairly priced. Earnings call highlights strategic progress but also points to challenges in production and rising costs, impacting the stock’s outlook.
To see Spark’s full report on TSE:CG stock, click here.
More about Centerra Gold
Centerra Gold Inc. is a mining company based in Toronto, Ontario, primarily engaged in the exploration, development, and operation of gold and copper mining properties. The company focuses on projects in North America, particularly in British Columbia, Canada, and has significant operations at the Mount Milligan and Öksüt mines.
YTD Price Performance: 14.89%
Average Trading Volume: 952,313
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.34B
For a thorough assessment of CG stock, go to TipRanks’ Stock Analysis page.