Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Centerra Gold ( (TSE:CG) ) just unveiled an update.
Centerra Gold reported strong first-quarter 2026 results on April 29, 2026, with consolidated production of 68,001 ounces of gold and 14.2 million pounds of copper, and net earnings of $79.4 million, or $0.40 per share. The company’s cash balance rose to $543.5 million and total liquidity reached $943.5 million, even as it invested heavily in growth projects and returned $33 million to shareholders through buybacks and dividends.
Mount Milligan and Öksüt both performed in line with or ahead of plan, driving robust free cash flow that funded $69.4 million in capital spending, mainly on the Thompson Creek development and tailings work at Mount Milligan, while keeping all-in sustaining costs at $1,705 per ounce. Strategically, Centerra advanced its self-funded growth strategy with a positive Kemess economic study, a life-of-mine extension at Mount Milligan to 2045, continued build-out of the Goldfield project, and a provisional restart of the Langeloth facility in April 2026, underscoring its ambition to grow long-life, low-cost gold-copper production for shareholders.
The most recent analyst rating on (TSE:CG) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.
Spark’s Take on CG Stock
According to Spark, TipRanks’ AI Analyst, CG is a Outperform.
The score is driven primarily by strong financial resilience (low leverage) and attractive valuation (low P/E). These positives are tempered by uneven free cash flow and mixed momentum signals, while the earnings call adds support from solid execution and liquidity but flags higher costs and increased capital requirements in 2026.
To see Spark’s full report on CG stock, click here.
More about Centerra Gold
Centerra Gold Inc. is a Canada-based gold and copper mining company listed on the TSX and NYSE, with core operations at the Mount Milligan copper-gold mine in British Columbia and the Öksüt gold mine in Türkiye. The company focuses on generating free cash flow from these cornerstone assets while advancing a pipeline of North American growth projects, including Kemess, Thompson Creek, Goldfield and the Langeloth metallurgical facility.
Average Trading Volume: 971,633
Technical Sentiment Signal: Buy
Current Market Cap: C$5.13B
Learn more about CG stock on TipRanks’ Stock Analysis page.