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Centerra Gold Inc. engages in the operation, development, exploration, and acquisition of gold and copper properties in North America, Turkey, and internationally. The company also owns and operates a molybdenum business unit, which includes a metallurgical processing facility and two primary molybdenum properties. Its principal assets include the Mount Milligan gold-copper mine located in British Columbia, Canada; the Öksüt gold mine located in Türkiye; the Kemess project in British Columbia, Canada; the Goldfield District project in Nevada, United States; the Thompson Creek Mine in Idaho; and 75% owned the Endako Mine in British Columbia, Canada. The company was incorporated in 2002 and is headquartered in Toronto, Canada.
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Centerra Gold Inc is a Toronto-listed gold and copper producer operating the Öksüt gold mine in Türkiye and the Mount Milligan copper–gold mine in Canada, with additional exploration assets. Long-term growth may be supported by mine development, exploration success and sensitivity to higher gold and copper prices. The company appears positioned to provide commodity exposure with geographic diversification.
Material risks include commodity price volatility, execution and permitting challenges across jurisdictions and ongoing geopolitical and legal exposures related to its former Kyrgyz operations.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 743.80M | 174.06M | 13.63M | -44.43M | 402.93M |
| Net income | 594.21M | 80.39M | -81.28M | -77.21M | 446.95M |
| Selling general administrative | 60.23M | 37.89M | 44.88M | 47.25M | 27.13M |
| Selling and marketing expenses | 11.32M | 10.68M | 12.22M | 12.89M | 11.33M |
| Gross profit | 326.10M | 378.05M | 360.51M | 178.52M | 291.96M |
| Reconciled depreciation | 115.64M | 130.66M | 129.69M | 103.43M | 126.37M |
| Ebit | 237.34M | 175.15M | 14.29M | 108.01M | 173.98M |
| Ebitda | 366.41M | 305.81M | 143.98M | 211.44M | 300.35M |
| Depreciation and amortization | 129.07M | 130.66M | 129.69M | 103.43M | 126.37M |
| Operating income | 237.34M | 76.52M | 17.84M | 108.01M | 173.98M |
| Other operating expenses | 1092.14M | 1137.99M | 1077.05M | 746.70M | 727.85M |
| Interest expense | 3.92M | 4.37M | 6.38M | 0.68M | 0.77M |
| Tax provision | 147.02M | 93.66M | 94.91M | 32.78M | -44.02M |
| Interest income | 27.34M | 49.42M | 19.53M | 13.67M | 0.77M |
| Net interest income | 16.95M | 25.68M | 13.15M | 5.51M | -3.14M |
| Extraordinary items | - | - | - | 0.00M | -828.72M |
| Income tax expense | 149.59M | 93.66M | 94.91M | 32.78M | -44.02M |
| Total revenue | 1329.49M | 1214.50M | 1094.90M | 850.19M | 900.14M |
| Total operating expenses | 88.76M | 301.53M | 246.16M | 75.03M | 119.67M |
| Cost of revenue | 1003.38M | 836.46M | 830.89M | 671.67M | 608.18M |
| Total other income expense net | 506.46M | 97.54M | -4.21M | -152.44M | 228.96M |
| Discontinued operations | - | - | - | - | -828.72M |
| Net income from continuing ops | 583.99M | 80.39M | -81.28M | -77.21M | 446.95M |
| Net income applicable to common shares | 583.99M | 80.39M | -81.28M | -77.21M | -381.77M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 2940.29M | 2265.13M | 2280.77M | 2335.91M | 2676.57M |
| Other current assets | 57.84M | 0.55M | 0.74M | 49.78M | 1.16M |
| Total liab | 884.28M | 609.22M | 606.52M | 525.62M | 632.95M |
| Total stockholder equity | 2056.01M | 1655.92M | 1674.24M | 1810.29M | 2043.62M |
| Other current liab | 190.76M | 20.55M | 203.91M | 57.89M | 154.21M |
| Common stock | 725.71M | - | 861.54M | 886.48M | 984.10M |
| Capital stock | 727.04M | 826.69M | 861.54M | 886.48M | 984.10M |
| Retained earnings | 1348.68M | 808.27M | 771.39M | 897.57M | 1021.88M |
| Other liab | - | - | - | 242.04M | 391.55M |
| Other assets | 140.82M | - | - | 71.84M | 133.38M |
| Cash | 527.97M | 624.67M | 612.94M | 531.92M | 947.23M |
| Cash and equivalents | 528.93M | - | - | 531.92M | 947.23M |
| Total current liabilities | 446.09M | 283.88M | 297.44M | 274.85M | 227.35M |
| Current deferred revenue | - | - | 9.54M | 12.28M | - |
| Net debt | -498.36M | - | -588.73M | -517.94M | -927.03M |
| Short term debt | 7.91M | - | 6.11M | 5.25M | 6.14M |
| Short long term debt total | 29.60M | - | 24.21M | 13.97M | 20.20M |
| Other stockholder equity | 30.89M | - | 33.87M | 29.56M | 30.81M |
| Property plant equipment | 1600.40M | - | - | 1272.79M | 1272.09M |
| Total current assets | 1068.13M | 993.06M | 966.03M | 990.66M | 1271.09M |
| Long term investments | 219.43M | 77.00M | - | - | - |
| Net tangible assets | - | - | - | 1810.29M | 2043.62M |
| Short term investments | 11.95M | 3.75M | 2.83M | 0.83M | 2.17M |
| Net receivables | 137.27M | 70.70M | 70.76M | 92.16M | 76.84M |
| Inventory | 333.11M | 234.25M | 257.30M | 316.80M | 221.22M |
| Accounts payable | 247.42M | 79.58M | 77.89M | 199.43M | 67.00M |
| Accumulated other comprehensive income | -49.27M | - | 7.45M | -3.32M | 6.83M |
| Non currrent assets other | 43.77M | 2.48M | 19.33M | 10.56M | 31.73M |
| Non current assets total | 1872.16M | 1272.07M | 1314.74M | 1345.25M | 1405.47M |
| Capital lease obligations | 18.79M | 20.11M | 24.21M | 13.97M | 20.20M |
| Long term debt total | 10.87M | - | - | 8.73M | 14.05M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -48.53M | -193.20M | -96.55M | -255.64M | 210.29M |
| Change to liabilities | - | - | - | 30.95M | 15.06M |
| Total cashflows from investing activities | -309.24M | -193.20M | -90.29M | -255.64M | 36.43M |
| Net borrowings | -11.06M | -9.79M | -11.01M | -6.75M | -6.48M |
| Total cash from financing activities | -140.85M | -93.47M | -74.28M | -157.69M | -49.14M |
| Change to operating activities | - | - | - | -4.94M | 0.09M |
| Net income | 594.21M | 80.39M | -81.28M | -77.21M | 446.95M |
| Change in cash | -126.25M | 11.73M | 81.03M | -415.31M | 402.05M |
| Begin period cash flow | 654.22M | 612.94M | 531.92M | 947.23M | 545.18M |
| End period cash flow | 527.97M | 624.67M | 612.94M | 531.92M | 947.23M |
| Total cash from operating activities | 352.67M | 298.40M | 245.60M | -1.98M | 414.76M |
| Issuance of capital stock | 5.41M | 3.89M | 3.02M | 3.48M | 5.04M |
| Depreciation | 129.07M | 130.66M | 123.27M | 103.43M | 126.37M |
| Other cashflows from investing activities | -0.00M | -1.56M | 1.52M | -174.71M | -93.23M |
| Dividends paid | 41.84M | -43.51M | -44.91M | 47.67M | 45.04M |
| Change to inventory | -92.08M | 7.33M | 40.23M | -76.40M | -21.40M |
| Change to account receivables | -75.58M | 0.74M | 6.77M | -13.65M | -6.52M |
| Sale purchase of stock | -95.33M | -44.05M | -20.42M | -104.50M | 5.04M |
| Other cashflows from financing activities | 1.87M | - | -4.21M | -2.25M | -2.65M |
| Change to netincome | - | - | - | -18.73M | 715.53M |
| Capital expenditures | 258.05M | 184.29M | 85.31M | 80.93M | 92.50M |
| Change in working capital | -41.00M | 27.01M | 43.24M | -64.03M | -12.77M |
| Stock based compensation | 21.66M | 5.20M | 10.00M | 0.77M | 1.36M |
| Other non cash items | -378.69M | -38.53M | 55.46M | 2.29M | -103.14M |
| Free cash flow | 94.62M | 114.11M | 160.29M | -82.91M | 322.26M |
Sector: Basic Materials Industry: Gold
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CG Centerra Gold Inc |
-1.54 5.35% |
27.24 | 6.44 | 8.73 | 3.62 | 1.92 | 2.49 | 4.07 |
| AEM Agnico Eagle Mines Limited |
-4.41 1.85% |
234.00 | 24.22 | 15.85 | 11.68 | 4.34 | 8.85 | 12.58 |
| ABX Barrick Gold Corp |
-1.21 2.28% |
51.89 | 14.39 | 10.63 | 5.80 | 2.63 | 4.04 | 6.19 |
| WPM Wheaton Precious Metals Corp |
-2.52 1.51% |
164.32 | 43.69 | 24.75 | 38.06 | 7.39 | 27.40 | 31.65 |
| FNV Franco-Nevada Corporation |
-4.09 1.27% |
316.85 | 42.91 | 30.30 | 36.18 | 6.45 | 26.79 | 28.34 |
Centerra Gold Inc. engages in the operation, development, exploration, and acquisition of gold and copper properties in North America, Turkey, and internationally. The company also owns and operates a molybdenum business unit, which includes a metallurgical processing facility and two primary molybdenum properties. Its principal assets include the Mount Milligan gold-copper mine located in British Columbia, Canada; the Öksüt gold mine located in Türkiye; the Kemess project in British Columbia, Canada; the Goldfield District project in Nevada, United States; the Thompson Creek Mine in Idaho; and 75% owned the Endako Mine in British Columbia, Canada. The company was incorporated in 2002 and is headquartered in Toronto, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Paul Nicholas Wright B.Sc. | Interim Pres, Interim CEO & Director | 1954 |
| Mr. Darren J. Millman CA, Bbus(Acc), Graddipacg | VP & CFO | 1978 |
| Mr. Yousef Rehman | VP, Gen. Counsel & Corp. Sec. | 1982 |
| Mr. Dennis C. Kwong | VP of Bus. Devel. & Exploration | 1971 |
| Mr. Paul Chawrun | VP & COO | NA |
| Toby Caron | Treasurer & Director of Investor Relations | NA |
| Ms. Claudia D'Orazio | VP & Chief HR Officer | 1970 |
| Mr. Mark A. Wilson | Pres of Base Metals Division | 1955 |
| Mr. Malcolm Stallman | VP of Exploration | NA |
| Ms. Wendy Yu | Assistant Gen. Counsel & Assistant Corp. Sec. | NA |
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