Centerra Gold Inc. (CGAU) has seen an increase in earnings estimates, with the current-quarter projection at $0.32 per share, reflecting a year-over-year growth of 88.2%. Additionally, the full-year earnings estimate stands at $1.00 per share, representing a 40.9% increase from the previous year. Over the past 30 days, the consensus estimate for the current quarter has risen by 23.53%, with two upward revisions boosting the overall sentiment.
The company has earned a Zacks Rank #1 (Strong Buy), supported by strong estimate revisions that are expected to positively impact its stock price. Centerra Gold’s stock has appreciated 15.3% in the last four weeks, indicating a strong market response to positive analyst sentiment.
