CGAU

MKT CAP:$4B

Centerra Gold Inc.

Market Cap

$4B

Basic Materials·Gold·🇨🇦 Canada·NYSE

Materials·Gold·🇨🇦·NYSE

Stock Price

$18.30+$4.16 (+29.42%)

Apr 21, 2026

Company Details

Centerra Gold Inc., a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenu...

CEO

Lisa Wilkinson

IPO Date

Jun 24, 2008

Website

www.centerragold.com

Key Metrics TTM

Revenue

$1.4B

+11.9% YoY

Net Income

$587M

EPS (Diluted)

$2.80

Free Cash Flow

$94M

Revenue / Share

$6.66

Gross Margin

30.8%

Operating Margin

37.7%

Net Margin

43.2%

FCF Margin

6.9%

P/S

2.8x

P/E

6.4x

Earnings Reports

Q1 2026

Apr 29, 2026

PENDING

FY 2025

Dec 30, 2025

$1.3B+9.5%EPS $2.89

Q4 2025

Feb 19, 2026

$376M+24.5%EPS $0.96

Q3 2025

Oct 28, 2025

$395M+22.0%EPS $1.39

Q2 2025

Aug 6, 2025

$288M+2.1%EPS $0.32

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$251M	$88M	$198M
Q1 22	$295M	$114M	$125M
Q2 22	$168M	-$636.0K	$4M
Q3 22	$179M	$33M	-$4M
Q4 22	$208M	$33M	-$161M
Q1 23	$227M	$4M	-$65M
Q2 23	$185M	$8M	-$31M
Q3 23	$344M	$115M	$100M
Q1 24	$306M	$99M	$84M
Q2 24	$282M	$92M	$48M
Q3 24	$324M	$107M	$55M
Q4 24	$302M	$107M	-$110M
Q1 25	$299M	$77M	$43M
Q2 25	$288M	$87M	$56M
Q3 25	$395M	$136M	$328M
Q4 25	$376M	$118M	$85M

Valuation

Quarter	P/S	P/E
Q4 21	2.0x	15.7x
Q1 22	2.5x	6.9x
Q2 22	2.3x	5.5x
Q3 22	1.1x	3.1x
Q4 22	1.5x	—
Q1 23	1.8x	—
Q2 23	1.7x	—
Q3 23	1.0x	—
Q1 24	1.2x	91.8x
Q2 24	1.3x	11.4x
Q3 24	1.2x	7.8x
Q4 24	1.0x	14.7x
Q1 25	1.1x	29.0x
Q2 25	1.2x	20.0x
Q3 25	1.7x	6.3x
Q4 25	2.2x	5.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$62M	$39M
Q1 22	$28M	$9M
Q2 22	-$3M	-$31M
Q3 22	-$17M	-$35M
Q4 22	-$10M	-$25M
Q1 23	-$100M	-$106M
Q2 23	$33M	$11M
Q3 23	$167M	$144M
Q1 24	$99M	$81M
Q2 24	$3M	-$27M
Q3 24	$104M	$37M
Q4 24	$93M	$47M
Q1 25	$59M	$10M
Q2 25	$25M	-$26M
Q3 25	$162M	$99M
Q4 25	$104M	$11M

Capital Expenditures

Quarter	CapEx
Q4 21	$23M
Q1 22	$19M
Q2 22	$28M
Q3 22	$19M
Q4 22	$15M
Q1 23	$6M
Q2 23	$23M
Q3 23	$22M
Q1 24	$18M
Q2 24	$30M
Q3 24	$66M
Q4 24	$46M
Q1 25	$49M
Q2 25	$51M
Q3 25	$63M
Q4 25	$93M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	-26.3%	-82.7%
Q1 22	-24.0%	-69.1%
Q2 22	-55.7%	-52.5%
Q3 22	-18.8%	+3.5%
Q4 22	-17.0%	+602.3%
Q1 23	-23.3%	+71.2%
Q2 23	+10.1%	+31.7%
Q3 23	+92.1%	+33.2%
Q1 24	+46.8%	-39.9%
Q2 24	+24.6%	-19.6%
Q3 24	+75.6%	+24.7%
Q4 24	-12.1%	+68.9%
Q1 25	-2.1%	+15.5%
Q2 25	+2.1%	-1.2%
Q3 25	+22.0%	-75.1%
Q4 25	+24.5%	-29.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$446.0K	0.2%
Q1 22	$2M	0.8%
Q2 22	-$514.0K	-0.3%
Q3 22	-$3M	-1.6%
Q4 22	$2M	0.9%
Q1 23	$3M	1.4%
Q2 23	$1M	0.7%
Q3 23	$2M	0.6%
Q1 24	$1M	0.4%
Q2 24	$2M	0.5%
Q3 24	$3M	1.0%
Q4 24	-$782.0K	-0.3%
Q1 25	$826.0K	0.3%
Q2 25	$2M	0.7%
Q3 25	$8M	2.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q4 21	$7M	$11M
Q1 22	$12M	$3M
Q2 22	$12M	$3M
Q3 22	$12M	$3M
Q4 22	$12M	$13M
Q1 23	$15M	$2M
Q2 23	$10M	$4M
Q3 23	$8M	$3M
Q1 24	$10M	$2M
Q2 24	$11M	$2M
Q3 24	$10M	$3M
Q4 24	$8M	$12M
Q1 25	$10M	$3M
Q2 25	$10M	$3M
Q3 25	$15M	$3M
Q4 25	$25M	$3M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$767M	$0	$767M
Q2 22	$723M	$0	$723M
Q3 22	$577M	$755.6K	$577M
Q4 22	$532M	$829.6K	$533M
Q1 23	$412M	$832.0K	$413M
Q2 23	$402M	$5M	$407M
Q3 23	$492M	$3M	$495M
Q4 23	$610M	$3M	$613M
Q1 24	$648M	$3M	$651M
Q2 24	$592M	$4M	$596M
Q3 24	$604M	$4M	$608M
Q4 24	$625M	$3M	$628M
Q1 25	$608M	$4M	$612M
Q2 25	$522M	$0	$522M
Q3 25	$562M	$6M	$568M
Q4 25	$528M	$12M	$540M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	299M	-0.5%	+1.5%
Q1 22	299M	-0.1%	+1.1%
Q2 22	297M	-0.4%	+0.9%
Q3 22	247M	-17.0%	-17.7%
Q4 22	218M	-11.6%	-26.9%
Q1 23	219M	+0.1%	-26.8%
Q2 23	218M	-0.1%	-26.6%
Q3 23	219M	+0.2%	-11.4%
Q1 24	219M	+0.1%	+0.3%
Q2 24	215M	-1.8%	-1.6%
Q3 24	214M	-0.4%	-1.9%
Q4 24	210M	-1.9%	-4.0%
Q1 25	214M	+1.8%	-2.4%
Q2 25	210M	-1.5%	-2.1%
Q3 25	210M	0.0%	-1.7%
Q4 25	204M	-3.0%	-2.9%

Shares Outstanding