Centerra Gold Inc. (CGAU) AI Stock Analysis

NYSE: CGAUAI research summary: business, growth, valuation, analysts, bull and bear case.

CGAU AI stock analysis summary

AI Research

Centerra Gold Inc. (CGAU) is a gold and copper mining company operating flagship sites in North America and Turkey. Over the trailing twelve months, the company generated $1.72B in revenue, delivered a 36.9% profit margin, and built a net cash position of $411.4M. The stock has gained 76.0% over the past year, outpacing the S&P 500 return of 16.8%.

Market cap
$4.31B
Revenue (TTM)
$1.72B
P/E
7.0x
fwd 12.6x
1Y return
76.0%
S&P 500 16.8%
Avg. target
$16.00
-27.4% vs last close

Bull case

  • Trailing twelve-month operating margin of 27.2% exceeds the US-listed Basic Materials peer median of 18.5%.
  • The balance sheet maintains substantial liquidity with $411.4M in net cash and a debt-to-equity ratio of 0.02 as of June 30, 2026.
  • Centerra Gold trades at an EV to EBITDA of 4.0x, well below the peer median of 10.5x.

Bear case

  • The consensus analyst mean price target of $16.00 represents a 27.4% discount to the last close of $22.05.
  • Consensus estimates forecast next fiscal year revenue to contract by 6.3% to $1.63B.
  • The company has exhibited historical volatility, generating negative free cash flow of -$82.9M and net income of -$77.2M in FY2022.

What Centerra Gold does

Centerra Gold Inc. is a Toronto-based gold mining company established in 2002 that operates in North America, Turkey, and other international jurisdictions. The company acquires, explores, develops, and operates gold and copper properties, while also exploring for molybdenum resources. Centerra Gold wholly owns and operates the Mount Milligan gold-copper mine in British Columbia, Canada, which serves as its flagship producing asset. It also operates the Öksüt Gold Mine located in Turkey, supporting its geographic diversification and ongoing mineral extraction.

Growth and profitability

Centerra Gold achieved a 5-year revenue CAGR of 13.9% from FY2020 to FY2025. Annual revenue expanded from $900.1M in FY2021 to $1.38B in FY2025, while operating margin shifted from 37.1% in FY2021 and -4.3% in FY2022 to 22.7% in FY2025. Net income transitioned from -$381.8M in FY2021 and -$77.2M in FY2022 to $80.4M in FY2024 and $584.0M in FY2025. For the trailing twelve months, revenue reached $1.72B with an operating margin of 27.2% and EPS of $3.15. In the quarter ended June 30, 2026, quarterly revenue grew 53.5% year-over-year and quarterly earnings rose 9.7%.

CGAU income statement →

Balance sheet and cash flow

As of June 30, 2026, Centerra Gold held $457.2M in cash and short-term investments against total debt of $45.8M, resulting in a net cash position of $411.4M. Its current ratio was 2.42 and debt-to-equity was 0.02. In FY2025, operating cash flow was $352.7M and free cash flow reached $94.6M. Capital allocation in FY2025 included $258.1M in capital expenditures, $95.3M in share buybacks, and $41.8M in dividends paid, alongside a 5-year share count change of -32.4%.

CGAU balance sheet →

Valuation and performance

Centerra Gold trades at a trailing P/E of 7.0x and a forward P/E of 12.6x, compared to medians of 19.7x and 13.4x for its US-listed Basic Materials peers. The company has an EV to EBITDA multiple of 4.0x, below the peer median of 10.5x, and a price-to-sales ratio of 2.5x versus the peer median of 1.8x. At its last close of $22.05 on October 16, 2026, Centerra Gold had a 1-year return of 76.0% and a 5-year return of 230.9%, outperforming the S&P 500 benchmark returns of 16.8% and 83.0% over the same intervals.

CGAU key metrics →

CGAU dividend

Centerra Gold pays a quarterly dividend with a forward annual dividend of $0.20, representing a dividend yield of 0.91%. The company maintains a payout ratio of 12.9% and has paid dividends for 7 consecutive years, with an annualized 5-year dividend growth rate of 8.6%. Its last ex-dividend date was August 19, 2026.

CGAU dividend history →

What analysts expect

Wall Street coverage consists of 4 Strong Buy, 2 Buy, 4 Hold, 1 Sell, and 0 Strong Sell ratings. The mean price target of $16.00 sits 27.4% below the last close of $22.05. For the fiscal year ending December 31, 2026, analysts estimate revenue of $1.74B and EPS of $1.58, reflecting 42.0% EPS growth. For the following fiscal year, 10 analysts expect revenue of $1.63B and EPS of $2.02. Centerra Gold has beaten EPS estimates in each of the last 4 quarters, with its next earnings date scheduled for October 29, 2026.

CGAU forecast and price target →

Key risks and what to watch

  • A high beta of 1.60 indicates the stock exhibits higher price volatility than the broader equity market.
  • Projected next fiscal year revenue decline of 6.3% could pressure future earnings and operational cash flows.
  • High capital requirements remain a factor, with capital expenditures consuming $258.1M in FY2025.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this CGAU AI stock analysis

This page is an AI-written research summary of Centerra Gold Inc. (CGAU). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: CGAU income statement, CGAU balance sheet, CGAU key metrics, CGAU analyst forecast, CGAU chart. See the CGAU stock overview for the latest quote and news.

CGAU AI stock analysis FAQ

What dividend does Centerra Gold pay?

Centerra Gold pays an annual forward dividend of $0.20 per share on a quarterly schedule, yielding 0.91% with a payout ratio of 12.9%.

What are Centerra Gold's key mining assets?

Centerra Gold's primary operations include the wholly owned Mount Milligan gold-copper mine in British Columbia, Canada, and the Öksüt Gold Mine in Turkey.

How does Centerra Gold's valuation compare to basic materials peers?

Centerra Gold trades at a trailing P/E of 7.0x and an EV to EBITDA of 4.0x, compared to medians of 19.7x and 10.5x for its US-listed Basic Materials peers.

When is Centerra Gold's next earnings report scheduled?

Centerra Gold is scheduled to report its next financial results on October 29, 2026.

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