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Centerra Gold (CGAU)
NYSE:CGAU
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.14Last Year’s EPS
0.17Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 8.09%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted positive developments such as free cash flow generation, a substantial share buyback program, and an updated resource at Kemess. However, it also noted challenges like lower-than-planned production at Mount Milligan and Öksüt, increased costs, and a free cash flow deficit in the molybdenum unit.Company Guidance
During Centerra Gold's first quarter 2025 conference call, the company reported stable guidance for the fiscal year while emphasizing key metrics and strategic initiatives. The production guidance remains unchanged, with an anticipated strong second half driven by higher grades. The company produced approximately 60,000 ounces of gold and 12 million pounds of copper in Q1. Centerra maintains a robust cash position with $608 million, facilitating financial flexibility for ongoing projects. A share repurchase of up to $75 million has been approved. The updated Kemess project resource highlights 2.7 million ounces of indicated and 2.2 million ounces of inferred gold, and 971 million pounds of indicated and 821 million pounds of inferred copper. Exploration investment at Kemess is set to double to $10-$12 million, with 28,500 meters of drilling planned. The company is advancing the Kemess preliminary economic assessment, targeting a significant gold-copper operation, with potential average annual production of around 250,000 gold equivalent ounces. Additionally, Mount Milligan produced over 35,800 ounces of gold and 11.6 million pounds of copper in Q1, with all-in sustaining costs of $1,168 per ounce. Öksüt's production was 23,500 ounces, with all-in sustaining costs at $1,563 per ounce. The company generated positive free cash flow, with overall Q1 sales of 61,000 ounces of gold and 12.1 million pounds of copper.Positive Free Cash Flow Generation
The company generated positive free cash flow at both gold and copper operations in Q1 2025, maintaining a strong cash position of $608 million.
Share Buyback Program
Centerra Gold's Board approved the repurchase of up to $75 million of shares in 2025, reinforcing its commitment to returning capital to shareholders.
Updated Resource at Kemess
Published an updated resource at Kemess, estimating gold mineral resources to contain 2.7 million ounces of indicated and 2.2 million ounces of inferred, with copper mineral resources containing 971 million pounds of indicated and 821 million pounds of inferred.
Molybdenum Business Unit Performance
Sold approximately 4.2 million pounds of molybdenum at an average realized price of $21.59 per pound, despite using $6 million of cash in operations.
Strong Liquidity and Strategic Plan Execution
Ended Q1 2025 with a cash balance of $608 million, providing total liquidity of $1 billion, supporting strategic plans and shareholder value delivery.
CGAU Earnings History
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
CGAU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $6.43 | $7.43 | +15.55% |
Feb 20, 2025 | $6.54 | $6.08 | -7.03% |
Oct 31, 2024 | $6.91 | $6.36 | -7.96% |
Aug 01, 2024 | $6.35 | $6.47 | +1.89% |
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 (CGAU) report earnings?
Centerra Gold (CGAU) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Centerra Gold (CGAU) earnings time?
Centerra Gold (CGAU) earnings time is at Jul 31, 2025, TBA Not 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 CGAU EPS forecast?
CGAU EPS forecast for the fiscal quarter 2025 (Q2) is 0.14.