Centerra Gold Inc.
CGAU · NYSE
Company research
Centerra Gold Inc. (NYSE: CGAU) is a Canadian-based gold mining company incorporated in 2002 and headquartered in Toronto, Ontario, focused on the acquisition, exploration, development, and operation of gold and copper properties across North America, Türkiye, and other international markets. The company's principal producing assets include the 100%-owned Mount Milligan gold-copper open pit mine in British Columbia, Canada, and the Öksüt Gold Mine in Türkiye, with the Mount Milligan segment serving as its primary revenue driver. In addition to its two operating mines, Centerra owns several development and exploration projects, including the Kemess Project and the Goldfield District Project, as well as a Molybdenum Business Unit comprising the Langeloth metallurgical processing facility in Pennsylvania and two North American molybdenum mines. With a market capitalization of approximately $3.15 billion USD, a debt-free balance sheet, and strong free cash flow generation, Centerra Gold is recognized as a compelling value proposition in the gold mining sector under the leadership of President and CEO Paul Botond Stilicho Tomory.
Research reports
Zacks highlights CGAU’s 33% year-over-year Q4 2025 revenue growth driven by higher realized gold and copper prices, notes significant share price appreciation versus peers, and emphasizes an attractive forward price-to-sales multiple below the industry average alongside a Value Score of B and a Zacks Rank #1 (Strong Buy); the piece frames strong commodity prices and rising EPS estimates for 2026–2027 as key drivers, while acknowledging exposure to gold and copper price volatility as a core risk.
Defenseworld.net (summarizing Scotiabank & Others) · April 3, 2026Analysts Issue Forecasts for Centerra Gold FY2026 EarningsThis article reports that Scotiabank raised its FY2026 EPS estimate for CGAU to 1.81 (from 1.67) with an “Outperform” rating and a 19.00 USD price objective, while also citing multiple firms that have upgraded or reiterated positive ratings, resulting in a consensus “Moderate Buy” and an average target around 16.00 USD; it reviews the company’s recent earnings beat, strong margins, and balance sheet metrics, presenting an overall favorable outlook despite normal sector and execution risks.
Simply Wall St · March 30, 2026Centerra Gold (NYSE:CGAU) Stock Forecast & Analyst PredictionsSimply Wall St’s structured report focuses on forward estimates, projecting CGAU’s earnings to decline at about 7.8% per year while revenue grows at roughly 12.8% annually, with forecast return on equity around 15.6% in three years, and compares these metrics to metals and mining peers. The analysis frames CGAU as having growing top-line but pressured profitability, with limited high-growth characteristics, so it emphasizes forecast and valuation context rather than a clear buy or sell call, implying a cautious, data‑driven stance.
InsiderMonkey (summarizing Bank Of America Research) · March 11, 2026BofA Raises its Price Target on Centerra Gold Inc. (CGAU) to $14.50 from $12.50InsiderMonkey relays that BofA analyst Lawson Winder increased the CGAU price target from 12.50 USD to 14.50 USD but maintained an Underperform rating following revised 2026 metals price forecasts, reflecting cautious relative expectations despite solid operational performance. The article underscores Centerra’s Q4 2025 EPS and revenue beat, strong production, sizable cash balance and equity portfolio, and ongoing investment in projects like Thompson Creek, Kemess, and Goldfield, while implying that valuation, commodity-price sensitivity, and capital allocation risks justify the underweight stance.
Zacks Investment Research (via Yahoo Finance) · January 16, 2026Can Centerra Gold Hold On To Its Strong Production Momentum?This Zacks-authored piece (syndicated on Yahoo Finance) analyzes CGAU’s Q3 2025 production of 81,773 ounces of gold and 13.4 million pounds of copper, highlighting stable operations at Mount Milligan and Öksüt, strong realized prices, and robust cash generation that underpin improved financial performance. It notes CGAU’s share-price outperformance, attractive valuation metrics versus the industry, and upward-trending earnings estimates, culminating in a positive view supported by a strong Value Score and Zacks Rank, while pointing to project spending and gold-price volatility as key risks.
Zacks Investment Research (syndicated On Nasdaq.com) · January 7, 2026CGAU Skyrockets 116% in 6 months: Buy, Hold or Sell the Stock?This article examines CGAU’s 116% share price gain over six months versus gold mining peers and the S&P 500, attributing the rally to strong metal prices, efficient operations, and project milestones such as the Mount Milligan life-of-mine extension, Goldfield technical study, and Thompson Creek restart plan. While recognizing CGAU’s solid liquidity, free cash flow generation, and attractive project pipeline, Zacks concludes that rising capital requirements and execution risk balance the upside, leading to a Hold recommendation and a balanced risk–reward characterization.