Centerra Gold stock dividend – Centerra Gold Declares 0.07 Cash Dividend
March 22, 2023
Dividends Yield
CENTERRA GOLD ($TSX:CG) Inc. has declared a 0.07 cash dividend on March 1 2023. This dividend is an attractive option for investors in the market for dividend stocks. CENTERRA GOLD has given out an annual dividend per share of 0.22 USD over the last three years, equating to an average yield of 3.17%.
The ex-dividend date for CENTERRA GOLD is March 13 2023, and investors must have held their holdings before the ex-dividend date to be eligible for the dividend payout. With a strong and consistent dividend payout record, CENTERRA GOLD is a great option for income-seeking investors.
Share Price
Following the announcement, the stock opened at CA$8.8 and closed at CA$8.9, up 3.2% from the previous closing price of CA$8.6. This is the third consecutive year that Centerra Gold has declared a dividend, signaling its continued commitment to strengthening shareholder value. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Centerra Gold. More…
| Total Revenues | Net Income | Net Margin |
| 850.19 | -77.21 | 1.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Centerra Gold. More…
| Operations | Investing | Financing |
| -1.98 | -255.64 | -157.69 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Centerra Gold. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.34k | 525.62 | 8.29 |
Key Ratios Snapshot
Some of the financial key ratios for Centerra Gold are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -14.8% | -9.7% | -5.1% |
| FCF Margin | ROE | ROA |
| -9.8% | -1.5% | -1.2% |
Analysis – Centerra Gold Stock Fair Value
At GoodWhale, we take a deep look at the fundamentals of each company to provide investors with an accurate assessment of their potential. After analyzing CENTERRA GOLD‘s financials, prospects, and market position, we believe that the intrinsic value of their share is around CA$11.9. This represents our proprietary Valuation Line, which is calculated using a combination of fundamental and technical indicators. At the moment, CENTERRA GOLD stock is being traded at CA$8.9, indicating that it is currently undervalued by 25.0%. This presents an opportunity for investors to capitalize on CENTERRA GOLD’s potential and invest in the company at a low price. With our robust analysis and our proprietary Valuation Line, we believe that CENTERRA GOLD stock has great potential to increase in value in the near future. More…
Peers
The competition between Centerra Gold Inc and its competitors is fierce. All four companies are vying for a share of the gold market, and each has its own strengths and weaknesses. Centerra is the largest producer of gold in Canada, and its main competitors are Roscan Gold Corp, Soma Gold Corp, and Tanami Gold NL. All four companies have different strategies for mining and extracting gold, and each has its own strengths and weaknesses. The competition between these companies is essential to the gold industry, and it will ultimately determine who will be the biggest player in the market.
– Roscan Gold Corp ($TSXV:ROS)
Roscan Gold Corp. is a Canadian gold exploration company. The company has a market capitalization of $62.54 million as of 2022 and a negative return on equity of 1069.64%. Roscan Gold Corp. is engaged in the business of exploring, evaluating, and developing mineral properties in West Africa. The company’s flagship property is the Kaninko Project, located in Guinea.
– Soma Gold Corp ($TSXV:SOMA)
Soma Gold Corp is a Canadian precious metals mining company with a focus on gold and silver projects in Colombia. The company has a market capitalization of $26.41 million and a return on equity of 168.84%. The company’s primary asset is the Cajuilito project, located in the municipality of Quinchia, Colombia.
– Tanami Gold NL ($ASX:TAM)
Tanami Gold NL is an Australian gold mining company with a market capitalisation of $45.83 million as of 2022. The company has a return on equity of 11.77%. Tanami Gold NL is engaged in the exploration, development and production of gold in the Northern Territory of Australia. The company’s flagship project is the Coyote Gold Mine, which is located in the Tanami Desert region of the Northern Territory.
Summary
Investing in Centerra Gold is a sound choice for anyone looking for dividend yields. Over the past three years, Centerra Gold has issued a dividend per share of 0.22 USD, delivering an average yield of 3.17%. Analyzing the company from an investment standpoint reveals its potential for providing consistent returns over the long term.
Centerra Gold also offers a variety of other benefits to investors, such as a strong dividend track record and a low debt-to-equity ratio. This makes it a great choice for both short-term and long-term returns.
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