Centerra Gold Stock Price, News & Analysis

Centerra Gold (NYSE:CGAU) reported Q2 2025 results with net earnings of $68.6 million ($0.33 per share) and consolidated gold production of 63,311 ounces. The company generated $98.4 million in operating cash flow before working capital and maintained strong liquidity of $922.3 million.

Key operational highlights include gold sales of 61,335 ounces at an average realized price of $2,793/oz and copper sales of 12.1 million pounds at $3.62/lb. The company is advancing the Goldfield Project with attractive economics, including an after-tax NPV of $245 million and IRR of 30%, with first production expected by end of 2028.

Centerra updated its 2025 guidance due to lower grade zones at Mount Milligan and higher royalty costs at Öksüt, while maintaining its commitment to shareholder returns through increased share buybacks of $27 million in Q2.

Centerra Gold (NYSE:CGAU) has announced positive economics for its Goldfield project in Nevada, with an after-tax NPV5% of $245 million and an IRR of 30% at a $2,500/oz gold price. The project requires an initial capital investment of $252 million and is expected to begin production by end of 2028.

The project features a 7-year mine life with average annual gold production of 100,000 ounces in peak years at an all-in sustaining cost of $1,392 per ounce. Centerra has implemented a strategic gold hedge on 50% of production for 2029-2030, with a floor price of $3,200/oz and ceiling prices of $4,435-$4,705/oz.

The optimized process includes a three-stage crushing circuit for high-grade ore and run-of-mine processing for lower-grade material, improving gold recovery to 76%. The project will create 300-400 construction jobs and 250-300 operational positions.

Centerra Gold (NYSE: CGAU) has announced it will release its second quarter 2025 operating and financial results on Wednesday, August 6, 2025 after market close. The company will host a conference call and webcast to discuss the results on Thursday, August 7, 2025, at 9:00 a.m. Eastern Time.

The webcast will be archived and available until November 7, 2025, while an audio recording will be accessible via telephone until September 7, 2025. Presentation slides will be available on Centerra's website.

Centerra Gold (NYSE: CGAU) has released its 2024 Sustainability Report, highlighting significant ESG achievements. The company reported total global scope 1 and 2 GHG emissions of 137,719 and 34,727 tCO2e respectively, with emissions of 0.28 tCO2e per gold ounce at Mount Milligan and Öksüt mines, significantly below industry average of 0.66 tCO2e. Notable achievements include a reduced injury rate of 0.71, 31% increase in Indigenous business collaboration, and $134 million in local procurement spending. The company exceeded its 2026 gender diversity goals with 38% female board representation and 33% among officers. Environmental initiatives included implementing climate strategy, improving water recycling at Mount Milligan, and achieving ISO 50001 certification at Öksüt.

Gold prices have surged back to $3,300 after briefly touching $3,500 in late April 2025, prompting major institutions to revise their forecasts upward. Deutsche Bank projects $3,700 per ounce by 2026, while JP Morgan anticipates $4,000 by Q2 2026. More bullish predictions come from billionaire John Paulson and mining veteran Rob McEwen, who forecast $5,000 gold by 2028. The rally, fueled by Chinese market activity, has boosted gold mining stocks. Lake Victoria Gold has signed a non-binding LOI with Nyati Resources to evaluate a small-scale development partnership at its Tembo Project in Tanzania, potentially utilizing Nyati's existing 120 tpd processing plant and a new 500 tpd facility. The company recently raised C$3.52 million through a strategic investment from Taifa Group and secured a gold prepay agreement with Monetary Metals for up to 7,000 ounces.

Centerra Gold (NYSE: CGAU) held its 2025 Annual Meeting of Shareholders with a strong turnout of 76.22% of common shares represented. All eight nominated directors were successfully elected with overwhelming support, each receiving over 98% approval. KPMG LLP was reappointed as the company's auditor with 95.92% of votes in favor. The shareholders also approved a non-binding resolution on executive compensation with 98.66% support.

Centerra Gold operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The company also owns the Kemess Project, the Goldfield Project in Nevada, and operates the Molybdenum Business Unit in the United States and Canada.

Centerra Gold Inc. (NYSE: CGAU) has declared a quarterly dividend of C$0.07 per common share, totaling approximately C$14.6 million (US$10.1 million). The dividend will be paid on June 5, 2025, to shareholders of record as of May 22, 2025. This dividend qualifies as an eligible dividend for Canadian tax purposes. The company's Board of Directors determines dividend payments based on factors including operating results, cash flow, financial conditions, capital requirements, and general business conditions.

Centerra Gold (NYSE: CGAU) reported its Q1 2025 results with net earnings of $30.5 million ($0.15 per share). The company produced 59,379 ounces of gold and 11.6 million pounds of copper, with gold sales at an average realized price of $2,554/oz and copper at $3.80/lb. The company maintained a strong cash position of $608 million.

Key highlights include Board approval for up to $75 million in share repurchases for 2025, with $14.9 million already spent in Q1. The company declared a quarterly dividend of C$0.07 per share. Centerra is advancing its Kemess project, with updated mineral resources of 2.7 million ounces of indicated and 2.2 million ounces of inferred gold resources, plus significant copper resources. The company doubled its 2025 Kemess exploration guidance to $10-12 million.

The company maintains its 2025 production guidance of 270-310K gold ounces and expects stronger production in H2 2025 due to increasing grades. The Thompson Creek restart is progressing with 14% of capital investment complete.

Centerra Gold (NYSE: CGAU) has announced an updated mineral resource estimate at its Kemess project in British Columbia, incorporating results from its 2024 drilling campaign. The project contains 2.7 million ounces of indicated gold resources and 971 million pounds of indicated copper resources. The company has doubled its 2025 exploration guidance to $10-12 million and plans 28,500 meters of drilling. Centerra is advancing a Preliminary Economic Assessment (PEA), expected by end-2025, based on a combined open pit and underground mining concept. The project benefits from significant existing infrastructure, including a power line, processing plant, and tailings facility. Centerra targets potential average annual production of 250,000 gold equivalent ounces over a possible 15-year operation, which would give the company two long-life gold-copper assets in British Columbia alongside Mount Milligan.