Hillsdale Investment Management Inc. Purchases New Holdings in Centerra Gold Inc. $CGAU

Hillsdale Investment Management Inc. purchased a new position in shares of Centerra Gold Inc. (NYSE:CGAU) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,157,215 shares of the company’s stock, valued at approximately $23,106,000. Hillsdale Investment Management Inc. owned approximately 1.07% of Centerra Gold at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its position in shares of Centerra Gold by 57.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,344,727 shares of the company’s stock valued at $84,739,000 after acquiring an additional 4,853,494 shares during the period. Acadian Asset Management LLC increased its position in shares of Centerra Gold by 26.2% in the second quarter. Acadian Asset Management LLC now owns 8,494,055 shares of the company’s stock worth $61,027,000 after purchasing an additional 1,761,904 shares during the period. Waratah Capital Advisors Ltd. raised its stake in Centerra Gold by 29.9% in the second quarter. Waratah Capital Advisors Ltd. now owns 6,678,897 shares of the company’s stock valued at $48,155,000 after purchasing an additional 1,537,692 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Centerra Gold by 7.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 6,530,167 shares of the company’s stock valued at $47,077,000 after purchasing an additional 443,441 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in Centerra Gold by 12.1% during the second quarter. American Century Companies Inc. now owns 4,054,829 shares of the company’s stock worth $29,211,000 after purchasing an additional 436,175 shares during the period. Institutional investors own 55.40% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Scotiabank raised their target price on shares of Centerra Gold from $13.50 to $19.00 and gave the company an “outperform” rating in a report on Monday, January 26th. Raymond James Financial reaffirmed a “market perform” rating on shares of Centerra Gold in a report on Thursday, October 30th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Centerra Gold in a research note on Wednesday, February 4th. Zacks Research upgraded shares of Centerra Gold from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Centerra Gold in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $16.00.

Centerra Gold Trading Up 0.4%

Shares of Centerra Gold stock opened at $19.05 on Friday. The firm’s 50 day moving average is $16.61 and its 200 day moving average is $12.60. The firm has a market capitalization of $3.81 billion, a PE ratio of 6.71, a price-to-earnings-growth ratio of 0.44 and a beta of 0.88. Centerra Gold Inc. has a 1 year low of $5.41 and a 1 year high of $20.40. The company has a current ratio of 2.89, a quick ratio of 2.10 and a debt-to-equity ratio of 0.02.

Centerra Gold (NYSE:CGAU) last issued its earnings results on Thursday, February 19th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The firm had revenue of $401.60 million for the quarter, compared to analyst estimates of $355.39 million. Centerra Gold had a net margin of 42.18% and a return on equity of 12.94%. Equities research analysts forecast that Centerra Gold Inc. will post 0.59 earnings per share for the current fiscal year.

Centerra Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be given a dividend of $0.07 per share. The ex-dividend date is Thursday, March 12th. This represents a $0.28 dividend on an annualized basis and a yield of 1.5%. Centerra Gold’s payout ratio is currently 12.20%.

Key Stories Impacting Centerra Gold

Here are the key news stories impacting Centerra Gold this week:

• Positive Sentiment: Q4 earnings beat and strong revenue — Centerra reported $0.41 EPS vs. $0.34 consensus and revenue of $401.6M vs. $355.4M expected; healthy net margin (26.4%) and ROE (10.5%) support near-term profitability and were cited on the company’s call and slides. Earnings Report & Call
• Positive Sentiment: Large reserves upgrade — Centerra announced 2025 year‑end mineral reserves and resources, reporting ~58% increase in gold reserves and ~49% increase in copper reserves, which improves the company’s long‑term production profile and resource valuation. Reserves & Resources Release
• Positive Sentiment: Quarterly dividend approved — Board approved C$0.07 per share (≈C$14.0M / US$10.2M aggregate), payable March 26 to shareholders of record March 12; modest yield but signals cash generation and shareholder returns. Dividend Release
• Positive Sentiment: Appearing in value-stock lists / peer comparisons — Recent industry write-ups (including a Zacks comparison vs. Agnico Eagle) and inclusion on value-stock screens can attract income/value investors and analysts’ attention. CGAU vs AEM Analysis
• Neutral Sentiment: Supplementary analyst/preview coverage and investor materials — The company posted an earnings presentation and slide deck; third‑party previews and outlook pieces (Seeking Alpha, Benzinga, MSN) provide detail but don’t materially change the beat/reserves story. These are useful for modeling guidance and management commentary. Earnings Presentation Read More.

Centerra Gold Company Profile

Centerra Gold Inc is a gold mining company incorporated in Canada and headquartered in Toronto. The company specializes in the exploration, development and operation of precious metals properties, with a focus on gold production. Centerra’s portfolio includes the Mount Milligan mine in British Columbia, Canada, and the Otjikoto mine in Namibia. Both operations produce gold and copper concentrates and employ modern mining methods and processing facilities to optimize recovery rates and minimize environmental impact.

In addition to its producing assets, Centerra is advancing the development of its Greenstone Gold Project in Ontario, Canada, which, upon completion, is expected to become one of Canada’s largest gold mines.