Brief: Centerra Gold Q2 EPS USD 0.33

Centerra Gold

06/08/2025 22:02

Overview

Centerra Q2 2025 revenue misses analyst expectations

Q2 Adjusted EPS beats estimates, per LSEG data

Company net earnings rise 82% to $68.6 mln, driven by high commodity prices

Centerra increases share buybacks to $27 mln, up 80% from last quarter

Outlook

Centerra updates 2025 gold production guidance at Mount Milligan to 145-165 koz

Company revises 2025 gold production costs at Mount Milligan to $1,350-$1,450/oz

Centerra reaffirms 2025 copper production guidance at 50-60 Mlbs

Company expects first production from Goldfield by end of 2028

Result Drivers

HIGH COMMODITY PRICES - Centerra's Q2 cash flow from operations driven by elevated gold and copper prices

LOWER GRADE MINING - Mount Milligan's production costs increased due to mining in lower grade zones

HIGHER ROYALTY COSTS - Öksüt's costs rose due to elevated gold prices and updated royalty structure

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$288.30 mln
$293.60 mln (2 Analysts)
Q2 Adjusted EPS
Beat
$0.26
$0.17 (9 Analysts)
Q2 EPS
$0.33
Q2 Adjusted Net Income
Beat
$52.70 mln
$38.70 mln (1 Analyst)
Q2 Net Income
$68.60 mln
Q2 Free Cash Flow
-$25.60 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the gold peer group is "buy"

Wall Street's median 12-month price target for Centerra Gold Inc is C$12.50, about 19.8% above its August 5 closing price of C$10.03

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNX5z6TFQ

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)