Centerra Gold Inc continues to perform well, as shown in its recent earnings report that surpassed expectations and raised production guidance.
On July 28, 2026, Centerra Gold Inc (CG.TO) reported its second-quarter earnings, beating analyst estimates by 2.6%. The company posted an earnings per share (EPS) of $0.39, exceeding the expected $0.38. This marks a continued trend of positive earnings surprises.
Recent earnings trend
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Centerra Gold Inc
CG.TO
CG.TO
Centerra Gold Inc
WealthAwesomeMarket cap
$5.00B
P/E
5.8x
Div. yield
0.83%
Div. / share
$0.20
52W high
$28.80
52W low
$9.10
1W change
+12.51%
Beta
1.56
Analyst Price Targets
Based on analyst covering CG
Wall Street analysts forecast CG stock price to rise 22.8% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$31.36
+22.8% Upside
Current Price
C$25.54
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CG's historical volatility
30-Day Vol
54.8%
Annualized
90-Day Vol
54.3%
Annualized
Trend (90d)
+21.9%
Annualized drift
90d Mean
C$27.62
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$26.22 | C$21.70 – C$31.67 |
| 60 trading days | C$26.91 | C$20.60 – C$35.16 |
| 90 trading days | C$27.62 | C$19.91 – C$38.33 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 5 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 4 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-27 | — | 0.4600 | — |
| 2026-06-30 | 2026-07-28 | 0.3900 | 0.3800 | +2.6% |
| 2026-03-31 | 2026-04-29 | 0.4400 | 0.4300 | +2.3% |
| 2025-12-31 | 2026-02-19 | 0.4100 | 0.3700 | +10.8% |
| 2025-09-30 | 2025-10-28 | 0.3300 | 0.2500 | +32.0% |
| 2025-06-30 | 2025-08-06 | 0.2600 | 0.1800 | +44.4% |
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Investor takeaway: Centerra's consistent ability to exceed earnings expectations, along with its increased production guidance, positions the company well in the competitive metals and mining sector. Investors should keep an eye on operational efficiency and production costs, as these will significantly affect future earnings potential.
EPS Surprises: 4 Consecutive Quarters of Beating Estimates
Centerra Gold has now beaten EPS estimates for four straight quarters, showcasing strong operational execution and effective management.
Bull case
With solid operational performance and increased production guidance, Centerra Gold is set for ongoing growth. The company’s focus on self-funded projects and careful capital allocation, combined with a favorable valuation compared to its industry peers, makes it an attractive option for investors.
Bear case
Despite the positive earnings report, there are still potential risks. Rising operational costs and the impact of capital expenditures on free cash flow could pose challenges. Any production setbacks or unfavorable market conditions might affect the company’s current valuation and growth path.
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