Centerra Gold Inc. (NYSE:CGAU) is among the 12 Best Gold Stocks to Buy According to Analysts.
Centerra Gold Inc. (NYSE:CGAU) is one of the best gold stocks to buy, according to analysts. On February 19, Centerra Gold Inc. (NYSE:CGAU) board of directors approved a quarterly dividend of C$0.07 per common share, translating to about $10.2 million. The dividend is to be paid on March 26 to shareholders of record as of March 12, 2026.
The dividend offering comes on the heels of Centerra Gold Inc. delivering impressive fourth-quarter and full-year results on the back of strong production. Additionally, the company outperformed its cost guidance due to solid operational execution at the Mount Milligan and Oksut. Gold production in the fourth quarter totaled 70,853 ounces and 275,316 ounces for the full year. Copper production in the fourth quarter totaled 13 million pounds and 50.5 million pounds for the full year.
Revenue in the fourth quarter was up 33% to $401.6 million as the full year increased 14% to $1.38 billion. Adjusted net earnings increased 127% to $83.2 million in the fourth quarter and 50% for the full year to $152.9 million.
Centerra Gold expects 2026 gold production to range between 250,000 ounces and 280,000 ounces, with copper production of between 50 and 60 million pounds.
“Looking ahead to 2026, our production and cost guidance reflect stable operating performance across our portfolio. We are committed to protecting and expanding margins through disciplined cost management and continuous operational initiatives at Mount Milligan. We expect our operations to continue generating strong cash flow in 2026, providing the financial flexibility to advance our growth project pipeline while returning capital to shareholders.”
Centerra Gold Inc. (NYSE:CGAU) is a Canadian-based mining company that explores, develops, operates, and acquires gold and copper properties in North America and Turkey. Key operations include the Oksut Mine in Turkey, the Mount Milligan Mine in Canada, and the Goldfield project. They also produce and sell molybdenum.
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