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Centerra Gold (TSE:CG)
TSX:CG
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.15Last Year’s EPS
0.2Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 0.00%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with strong free cash flow generation and progress in strategic projects like Thompson Creek and Mount Milligan. However, production challenges, particularly at Öksüt, and rising costs pose significant concerns. The strategic reevaluation of Goldfield adds uncertainty to future growth prospects.Company Guidance
During the Centerra Gold Fourth Quarter 2024 Conference Call, the company provided detailed guidance and performance metrics. Centerra Gold reported producing over 73,000 ounces of gold and 12.8 million pounds of copper in Q4, ending the year near the low end of their production guidance range. The cash balance increased to $625 million, driven by strong free cash flow from operations, particularly from Mount Milligan. The company also highlighted the restart of operations at Thompson Creek and progress in their U.S. Molybdenum operations. For 2025, Centerra Gold expects consolidated gold production to be between 270,000 and 310,000 ounces, with copper production ranging from 50 to 60 million pounds. The all-in sustaining costs for 2025 are projected to be $1,400 to $1,500 per ounce. The company remains focused on advancing key projects, including technical studies at Mount Milligan and Kemess, while also maintaining their commitment to responsible mining and sustainability initiatives.Strong Free Cash Flow Generation
In the fourth quarter, Centerra Gold generated strong free cash flow of $47 million, driven by robust contributions from Mount Milligan, increasing the cash balance to $625 million.
Mount Milligan Performance
Mount Milligan produced almost 38,000 ounces of gold and 12.8 million pounds of copper in Q4. Full-year production was over 167,000 ounces of gold and 54 million pounds of copper. The site also achieved a mine life extension to 2036 due to increased reserves.
Progress on Strategic Projects
Significant advancements were made at Thompson Creek with detailed engineering work and fleet refurbishment 80% complete, targeting first production in the second half of 2027.
Liquidity and Capital Returns
Centerra Gold maintained a strong liquidity position with over $1 billion available and returned $88 million to shareholders through dividends and share buybacks in 2024.
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TSE:CG 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
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TSE:CG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | C$9.41 | C$8.78 | -6.70% |
| Oct 31, 2024 | C$9.76 | C$9.03 | -7.52% |
| Aug 01, 2024 | C$8.94 | C$9.13 | +2.09% |
| May 14, 2024 | C$8.68 | C$8.71 | +0.35% |
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.
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FAQ
When does Centerra Gold (TSE:CG) report earnings?
Centerra Gold (TSE:CG) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Centerra Gold (TSE:CG) earnings time?
Centerra Gold (TSE:CG) earnings time is at May 01, 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 TSE:CG EPS forecast?
TSE:CG EPS forecast for the fiscal quarter 2025 (Q1) is 0.15.
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