Centerra Gold reports Q1 adjusted EPS 15c, consensus 13c

Reports Q1 revenue $299.5M, consensus $283.02M. President and CEO, Paul Tomory, commented, “In the Q1 we generated positive free cash flow at both operations. Our 2025 production guidance is unchanged, and we expect strong production in the second half of 2025 driven by increasing grades. The restart of Thompson Creek is advancing, with approximately 14% of the total capital investment complete. We maintained a strong cash position of $608M, ensuring financial flexibility to advance ongoing and prospective project activities. With a focus on returning capital to shareholders, we increased our share repurchases to $14.9M in the Q1, and the Board of Directors has approved the repurchase of up to $75M of Centerra’s common shares in 2025.”