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Centerra Gold
(NYSE:CG)
Centerra Gold (CG) vs. iShares MSCI Canada ETF (EWC)
Centerra Gold Business Overview & Revenue Model
Centerra Gold Earnings Call Summary
Centerra Gold Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.21B | 1.21B | 1.09B | 850.19M | 900.14M | 1.69B |
| Gross Profit | 351.01M | 378.05M | 360.51M | 242.57M | 291.96M | 786.04M |
| EBITDA | 264.63M | 305.81M | 143.98M | 59.67M | 300.35M | 130.43M |
| Net Income | 75.32M | 80.39M | -81.28M | -77.21M | 446.95M | 408.54M |
Balance Sheet | ||||||
| Total Assets | 2.32B | 2.27B | 2.28B | 2.34B | 2.68B | 3.14B |
| Cash, Cash Equivalents and Short-Term Investments | 522.34M | 628.43M | 615.77M | 531.92M | 949.40M | 548.66M |
| Total Debt | 19.56M | 20.11M | 24.21M | 13.97M | 20.20M | 18.91M |
| Total Liabilities | 613.59M | 609.22M | 606.52M | 525.62M | 632.95M | 669.99M |
| Stockholders Equity | 1.70B | 1.66B | 1.67B | 1.81B | 2.04B | 2.47B |
Cash Flow | ||||||
| Free Cash Flow | 68.93M | 114.11M | 160.29M | -82.91M | 322.26M | 603.77M |
| Operating Cash Flow | 280.33M | 298.40M | 245.60M | -1.98M | 414.76M | 930.01M |
| Investing Cash Flow | -236.11M | -193.20M | -90.29M | -255.64M | 36.43M | -303.38M |
| Financing Cash Flow | -114.31M | -93.47M | -74.28M | -157.69M | -49.14M | -123.99M |
Centerra Gold Technical Analysis
Centerra Gold Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | C$3.01B | 12.40 | 42.97% | ― | 69.33% | 253.46% | |
75 Outperform | C$3.26B | 6.94 | 18.39% | 1.70% | 3.93% | 247.84% | |
69 Neutral | ― | ― | ― | ― | 20.03% | -46.48% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | ― | ― | ― | ― | 39.55% | -89.48% | |
46 Neutral | $3.23B | ― | -4.84% | ― | ― | -630.10% | |
40 Underperform | $4.54B | ― | -129.07% | ― | ― | -92.71% |
Centerra Gold Corporate Events
Centerra Gold Inc. is a Canadian-based mining company engaged in the exploration, development, and operation of gold and copper properties, with significant projects in North America and Türkiye. In its third quarter of 2025, Centerra Gold reported strong financial results, bolstered by robust production at its Öksüt mine and favorable metal prices, leading to a cash balance of $562 million. The company generated nearly $100 million in free cash flow and returned $32 million to shareholders through share buybacks and dividends. Key highlights include a 10-year mine life extension at Mount Milligan, a strategic investment in Liberty Gold Corp., and the advancement of the Goldfield project in Nevada. Centerra’s net earnings for the quarter reached $292.2 million, with adjusted net earnings of $66.4 million. The company maintained a strong liquidity position with $961.8 million in total liquidity. Looking ahead, Centerra Gold remains focused on its self-funded growth strategy, with plans to extend its asset life and enhance production capabilities, supported by a robust pipeline of projects and a strategic approach to capital allocation.
On October 28, 2025, Centerra Gold Inc. reported strong third-quarter results, highlighting robust production at the Öksüt Mine and favorable metal prices, which increased the company’s cash balance to $562 million. The company announced a strategic focus on self-funded growth, including the extension of the Mount Milligan mine life to 2045 and the development of the Goldfield project. Centerra also announced a leadership transition with Paul Wright succeeding Michael Parrett as Chair of the Board, effective January 1, 2026, reflecting continued leadership strength. The company returned $32 million to shareholders through share buybacks and dividends, while maintaining a strong financial position to support future growth initiatives.
The most recent analyst rating on (TSE:CG) stock is a Buy with a C$13.50 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.
On October 28, 2025, Centerra Gold Inc. announced that its Board of Directors approved a quarterly dividend of C$0.07 per common share, totaling approximately C$14.1 million or US$10.1 million. This dividend, payable on November 26, 2025, reflects the company’s financial health and commitment to returning value to shareholders, considering its operating results, cash flow, and capital requirements.
The most recent analyst rating on (TSE:CG) stock is a Buy with a C$13.50 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.
Centerra Gold Inc. released its condensed consolidated interim financial statements for the third quarter of 2025, showing a strong financial position with total assets increasing to $2.69 billion from $2.27 billion at the end of 2024. The company’s financial performance reflects solid operational management, with significant growth in current assets and shareholders’ equity, indicating a positive outlook for stakeholders and potential for future expansion.
The most recent analyst rating on (TSE:CG) stock is a Buy with a C$13.50 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.
On October 21, 2025, Centerra Gold Inc. announced the filing of a technical report for its Mount Milligan Mine in British Columbia, Canada. This report, prepared in accordance with National Instrument 43-101, supports previous disclosures made in September 2025. The filing underscores Centerra’s commitment to transparency and regulatory compliance, potentially strengthening its position in the mining industry and providing stakeholders with detailed insights into the mine’s operations.
The most recent analyst rating on (TSE:CG) stock is a Sell with a C$7.90 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.
On October 17, 2025, Centerra Gold Inc. released a technical report for its Mount Milligan Mine located in North-Central British Columbia. The report, effective as of June 30, 2025, provides detailed insights into the mine’s operations, including mineral reserves, production expectations, and associated risks. This announcement is crucial for stakeholders as it outlines the mine’s future production capabilities and potential financial outcomes, impacting Centerra’s strategic positioning in the mining industry.
The most recent analyst rating on (TSE:CG) stock is a Sell with a C$7.90 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.
Centerra Gold Inc. announced on October 2, 2025, that it will release its third-quarter 2025 operating and financial results on October 28, 2025. The company will host a conference call and webcast on October 29, 2025, to discuss these results. This announcement is significant as it provides stakeholders with insights into the company’s recent performance and future outlook, potentially impacting investor decisions and market perceptions.
The most recent analyst rating on (TSE:CG) stock is a Hold with a C$15.75 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.
On September 11, 2025, Centerra Gold announced a 10-year extension of the life of its Mount Milligan mine in British Columbia, now projected to operate until 2045. This extension is supported by a $186 million growth capital plan, including increased plant capacity and a new tailings storage facility, reinforcing Mount Milligan’s role as a low-cost, long-term asset. The Pre-Feasibility Study highlights significant increases in mineral reserves and robust economic potential, with an after-tax NPV of $1.5 billion, further solidifying Mount Milligan as a cornerstone asset in Centerra’s portfolio.
The most recent analyst rating on (TSE:CG) stock is a Hold with a C$14.00 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.
Centerra Gold Inc.’s recent earnings call painted a picture of robust financial performance driven by favorable commodity prices and strategic advancements, though tempered by operational challenges. The company reported strong earnings, underscored by significant progress in sustainability and strategic projects. However, issues with mineralization at Mount Milligan and rising costs at Oksut contributed to a balanced outlook for the future.
Centerra Gold Inc., a Canadian-based mining company, operates in the gold and copper sectors with key assets in North America and Türkiye, including the Mount Milligan and Öksüt mines. The company is also advancing projects like Goldfield in Nevada and Kemess in British Columbia.
On August 6, 2025, Centerra Gold announced the completion of a technical study for its Goldfield Project in Nevada, revealing attractive economics with an after-tax NPV of $245 million and an IRR of 30%. The project is set to proceed with development and construction, aiming for first production by the end of 2028. The Goldfield Project is expected to enhance Centerra’s gold production profile, with a projected average annual production of 100,000 ounces during peak years and a mine life of approximately seven years. The company plans to fund the project from existing liquidity, benefiting from a supportive gold price environment and a strategic hedging strategy to secure strong margins.
The most recent analyst rating on (TSE:CG) stock is a Sell with a C$5.50 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.
On August 6, 2025, Centerra Gold Inc. reported its second quarter 2025 results, highlighting a strong operational cash flow of $98 million driven by high commodity prices. The company updated its 2025 gold production and cost guidance due to changes in mining zones and royalty structures. Centerra is advancing the Goldfield project in Nevada, which promises strong returns with an after-tax NPV of $245 million and an IRR of 30%. The project is expected to enhance Centerra’s gold production and is set for first production by the end of 2028, funded by existing liquidity. The company also increased its share buybacks by 80% to $27 million in the quarter, reflecting confidence in its long-term growth strategy.
The most recent analyst rating on (TSE:CG) stock is a Sell with a C$5.50 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.
On August 6, 2025, Centerra Gold announced that its Board of Directors has approved a quarterly dividend of C$0.07 per common share, totaling approximately C$14.3 million or US$10.5 million. This dividend is payable on September 4, 2025, to shareholders of record as of August 21, 2025. The decision reflects the company’s financial health and commitment to returning value to shareholders, indicating a stable economic position and positive outlook for stakeholders.
The most recent analyst rating on (TSE:CG) stock is a Sell with a C$5.50 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.
Centerra Gold Inc. has released its condensed consolidated interim financial statements for the second quarter of 2025, showing a decrease in cash and cash equivalents from $624.7 million at the end of 2024 to $522.3 million as of June 30, 2025. The report also highlights an increase in total assets from $2.27 billion to $2.32 billion, indicating ongoing investments in property, plant, and equipment. These financial results reflect Centerra’s strategic focus on enhancing its asset base while managing liquidity, which may impact its market positioning and stakeholder interests.
The most recent analyst rating on (TSE:CG) stock is a Sell with a C$5.50 price target. To see the full list of analyst forecasts on Centerra Gold stock, see the TSE:CG Stock Forecast page.