Centerra Gold reports Q2 adjusted EPS 23c, consensus 16c

Reports Q2 revenue $282.3M, consensus $291.6M. President and CEO, Paul Tomory, commented, “Centerra delivered another quarter of solid operating performance and maintained consistent cash flow from operations before changes in working capital and income taxes paid, with year-to-date production and costs in line with our guidance. We ended the second quarter with cash and cash equivalents of $592 million after making routine statutory tax and royalty payments in Turkiye totalling $105 million. We remained active on share buybacks and declared a quarterly dividend, delivering on our disciplined approach of returning capital to shareholders.”