Centerra Gold Inc. reported third-quarter 2026 net earnings of $88.7 million, or $0.46 per share, compared to $292.2 million in the prior-year period. The decline was primarily driven by a $193.5 million impairment reversal recognized at the Goldfield Project in Q3 2025 and higher share-based compensation expenses of $20.8 million. Adjusted net earnings increased 8% to $71.8 million, supported by higher average realized gold and copper prices and increased production volumes at the Mount Milligan Mine. Revenue rose 27% to $500.2 million, while cash provided by operating activities was $143.1 million. The company returned $62.9 million to shareholders through $53.0 million in share repurchases and $9.8 million in dividends. Centerra Gold Inc. is a Canadian-based mining company focused on operating, developing, exploring, and acquiring gold and copper properties.
