Recent Updates — CGAU
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.
The Board of Directors approved a quarterly cash dividend of C$0.07 per common share, representing an aggregate payout of approximately C$13.6 million (US$9.5 million). The dividend is payable on December 2, 2026, to shareholders of record as of the close of business on November 19, 2026. This distribution aligns with the company's established dividend policy, which considers operating results, cash flow, and capital requirements. Centerra Gold Inc. is a Canadian-based gold and copper producer and developer that operates mines in Canada and Türkiye.
Centerra Gold reported third-quarter 2026 net earnings of $88.7 million, or $0.46 per share, driven by strong copper by-product credits that enabled the company to lower its full-year all-in sustaining costs (AISC) on a by-product basis guidance at Mount Milligan from $1,200-$1,300 to $1,100-$1,200 per ounce. Consolidated gold production reached 75,429 ounces and copper sales were 13.2 million pounds. The company also announced a record quarterly share buyback of $53.0 million for 2,584,600 shares and declared a C$0.07 per share dividend. Centerra Gold Inc. is a Canadian-based gold and copper producer and developer operating mines in Canada and Turkey.
Centerra Gold Inc. reported net earnings of $151.5 million for the six months ended June 30, 2026, a 53% increase from $99.0 million in the prior year period. Revenue rose 58% to $927.4 million, driven by higher realized gold and copper prices and increased production volumes. The company generated $186.3 million in operating cash flow and $26.1 million in free cash flow. Centerra repurchased 4.2 million shares for $72.2 million under its Normal Course Issuer Bid program. The company extended its revolving credit facility to $600 million maturing in July 2030. Additionally, Centerra appointed Kelly Strong as Executive Vice President and Chief Operating Officer, effective August 17, 2026. Centerra Gold Inc. operates, develops, explores, and acquires gold and copper properties in North America and Türkiye, and owns a molybdenum business unit.