Centerra Gold reports Q3 adjusted EPS 33c, consensus 25c

Reports Q3 revenue $395.2M, consensus $355.85M. President and CEO, Paul Tomory, commented, “This quarter, Centerra sustained robust margins and generated nearly $100 million in free cash flow, driven by strong operational performance at Oksut and elevated metal prices. Our cash balance increased to $562 million in the quarter, demonstrating our ability to fund the Thompson Creek restart project while returning $32 million of capital to shareholders through share buybacks and a quarterly dividend. We also continued to deploy capital strategically through our equity investment in Liberty Gold Corp., reflecting our balanced approach to growth and value creation.”