Centerra Gold Inc. ( (CGAU) ) has released its Q3 earnings. Here is a breakdown of the information Centerra Gold Inc. presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Centerra Gold Inc. is a Canadian-based mining company engaged in the exploration, development, and operation of gold and copper properties, with significant projects in North America and Türkiye. In its third quarter of 2025, Centerra Gold reported strong financial results, bolstered by robust production at its Öksüt mine and favorable metal prices, leading to a cash balance of $562 million. The company generated nearly $100 million in free cash flow and returned $32 million to shareholders through share buybacks and dividends. Key highlights include a 10-year mine life extension at Mount Milligan, a strategic investment in Liberty Gold Corp., and the advancement of the Goldfield project in Nevada. Centerra’s net earnings for the quarter reached $292.2 million, with adjusted net earnings of $66.4 million. The company maintained a strong liquidity position with $961.8 million in total liquidity. Looking ahead, Centerra Gold remains focused on its self-funded growth strategy, with plans to extend its asset life and enhance production capabilities, supported by a robust pipeline of projects and a strategic approach to capital allocation.