The earnings call highlighted strong earnings driven by commodity prices, advancements in strategic projects, and sustainability achievements. However, it also noted challenges with mineralization at Mount Milligan and increased costs at Oksut, resulting in a balanced outlook.

Company Guidance -

Q3 2025

During the Centerra Gold Second Quarter 2025 Conference Call, several key metrics and guidance updates were provided. The company reported gold and copper production of over 63,000 ounces and 12.4 million pounds, respectively, for the quarter. Plans to expand tailings capacity at Mount Milligan aim to extend the mine life beyond 2036, with potential annual throughput increases of 10% through ball mill upgrades. For Goldfield, an after-tax NPV of $245 million and an IRR of 30% were projected, using a gold price of $2,500 per ounce. The project is set to produce an average of 100,000 ounces of gold annually over its seven-year mine life, with an all-in sustaining cost of $1,392 per ounce. Centerra also revised its 2025 cost guidance, with Mount Milligan's all-in sustaining costs now projected at $1,350 to $1,450 per ounce and Oksut's at $1,675 to $1,775 per ounce. The company maintained a strong liquidity position with $522 million in cash and over $920 million in total liquidity, supporting its organic growth strategy while continuing share buybacks and dividends.

Strong Earnings from Mount Milligan and Oksut

Gold and copper production in the second quarter was over 63,000 ounces and 12.4 million pounds, respectively, driven by high commodity prices.

Advancement of Goldfield Project

Strategic milestone expected to grow Centerra's near-term gold production profile with an after-tax NPV of $245 million and an after-tax IRR of 30% using a long-term gold price of $2,500 per ounce.

Sustainability Achievements

Full compliance with the International Cyanide Management Code achieved; local procurement spending rose by 26% year-over-year to $134 million; surpassed gender diversity goal with women representing 38% of the Board and 33% of executive officers.

Cash Flow and Liquidity

Increased cash flow from operations before working capital and income taxes by 22% over last quarter, generating $98 million. Total liquidity over $920 million.

Share Buybacks and Dividends

Increased share buybacks by 80% compared to the previous quarter, repurchasing 3.9 million shares for $27 million. Returned $63 million to shareholders in the first half of 2025.

Centerra Gold (TSE:CG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:CG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.29 / -	0.262	―	―	―
Aug 06, 2025	2025 (Q2)	0.34 / 0.34	0.317	8.70% (+0.03)
May 06, 2025	2025 (Q1)	0.16 / 0.18	0.193	-7.14% (-0.01)
Feb 20, 2025	2024 (Q4)	0.24 / 0.23	0.386	-39.29% (-0.15)
Oct 31, 2024	2024 (Q3)	0.27 / 0.26	0.276	-5.00% (-0.01)
Aug 01, 2024	2024 (Q2)	0.22 / 0.32	-0.276	215.00% (+0.59)
May 14, 2024	2024 (Q1)	0.17 / 0.19	-0.331	158.33% (+0.52)
Feb 22, 2024	2023 (Q4)	0.37 / 0.39	-0.083	566.67% (+0.47)
Oct 31, 2023	2023 (Q3)	0.21 / 0.28	-0.083	433.33% (+0.36)
Jul 31, 2023	2023 (Q2)	-0.19 / -0.28	-0.165	-66.67% (-0.11)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:CG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	C$10.28	C$10.37	+0.88%
May 06, 2025	C$8.86	C$10.25	+15.68%
Feb 20, 2025	C$9.26	C$8.64	-6.70%
Oct 31, 2024	C$9.60	C$8.88	-7.52%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Centerra Gold Inc. (TSE:CG) report earnings?

Centerra Gold Inc. (TSE:CG) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Centerra Gold Inc. (TSE:CG) earnings time?

Centerra Gold Inc. (TSE:CG) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:CG EPS forecast?

TSE:CG EPS forecast for the fiscal quarter 2025 (Q3) is 0.29.

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