All figures are in United States dollars unless otherwise stated. This news release contains forward-looking information that is subject to risk factors and assumptions as set out in the “Cautionary Note Regarding Forward-Looking Information” below.  TORONTO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announces its 2025 year-end estimates for mineral reserves and mineral resources. Proven and probable gold mineral reserves increased 58% year-ove ...

This news release contains forward-looking information about expected future events that is subject to risks and assumptions set out in the “Cautionary Statement on Forward-Looking Information” below. All figures are in United States dollars. All production figures reflect payable metal quantities and are on a 100% basis, unless otherwise stated. For references denoted with NG, refer to the “Non-GAAP and Other Financial Measures” disclosure at the end of this news release for a description of these measure ...

Core Insights - The S&P 500 index experienced a rise as investors reacted to mixed signals from the Federal Reserve regarding interest rates and inflation [1] - The Federal Reserve maintained interest rates but showed divided opinions on future actions, with some officials open to rate hikes if inflation persists, while others may consider cuts if inflation eases [1] - Recent economic data showed unexpected cooling in inflation, strong job growth, and a decrease in unemployment, contributing to ongoing market volatility [2] Value Investing - Value investing focuses on acquiring stocks priced below their intrinsic value, allowing investors to buy low and potentially profit later [3] - A key metric for value investors is earnings yield, which indicates the profit a company generates per dollar of its stock price, calculated as (Annual Earnings per Share/Market Price) x 100 [4] - Earnings yield can be compared to bond returns, such as the 10-year Treasury yield, to assess the attractiveness of stocks relative to fixed-income securities [5] Screening Criteria - A primary screening criterion for stock selection is an earnings yield greater than 10%, supplemented by estimated EPS growth for the next 12 months that meets or exceeds the S&P 500 average [6] - Additional criteria include an average daily trading volume of at least 100,000 shares and a current stock price of $5 or higher [7][8] Selected Stocks - Five stocks that meet the screening criteria include DaVita (DVA), Ford (F), Centerra Gold (CGAU), Southwest Airlines (LUV), and Patria Investments Limited (PAX), all showing strong earnings growth estimates [9] - DaVita is projected to have earnings growth of 31% and 19% for 2026 and 2027, respectively, with recent EPS estimates increasing by $1.59 and $2.38 [10] - Ford's earnings are expected to grow by 40% and 19% in 2026 and 2027, with EPS estimates rising by $0.05 each over the past month [11] - Centerra Gold anticipates earnings growth of 45% and 57% for 2026 and 2027, with EPS estimates increasing by $0.05 and $0.17 [12] - Southwest Airlines forecasts significant earnings growth of 362% and 17% for 2026 and 2027, with recent EPS estimates up by $0.17 and $0.08 [13] - Patria Investments expects earnings growth of 25% and 17% for 2026 and 2027, with EPS estimates rising by $0.04 and $0.07 [14]

Core Insights - Centerra Gold Inc. (CGAU) is expected to report fourth-quarter 2025 results on February 19, with earnings anticipated to show operational momentum supported by stable production and disciplined cost control amid favorable gold prices [1][6]. Earnings Estimates - The Zacks Consensus Estimate for fourth-quarter earnings has increased over the past 30 days, now projected at 34 cents per share, indicating a 100% year-over-year increase [2][6]. - The earnings estimate trend shows a significant upward revision, with a 30.77% increase for Q1 and an 81.82% increase for Q2 [3]. Operational Performance - CGAU's performance is driven by solid production at Mount Milligan and Oksut, with all-in sustaining costs (AISC) in the mid-$1,600s range [5][6]. - The company faced a structurally higher cost base, with gold production costs around the mid-$1,300s per ounce, influenced by mine sequencing and inflationary pressures [7]. Market Position and Valuation - CGAU's stock has increased by 193.2% over the past year, outperforming the Zacks Mining – Gold industry's 140% rise and the S&P 500's 13.9% increase [9]. - The company is currently trading at a forward 12-month sales multiple of 3.00, which is approximately 15% lower than the industry average of 3.52 [12]. Investment Thesis - Centerra Gold is positioned for steady production and improving cost visibility, with a balanced exposure to gold and copper, supported by stable grades and disciplined cost control [15]. - The company is expected to maintain positive momentum into the fourth quarter, bolstered by operational consistency and favorable pricing dynamics, reinforcing a buy recommendation [16].

Core Viewpoint - Centerra Gold Inc. (NYSE:CGAU) is recognized as one of the best mining stocks to buy according to Wall Street, with multiple analysts raising their price targets due to favorable market conditions for precious metals [1][6]. Price Target Adjustments - CIBC analyst Luke Bertozzi raised the price target on Centerra Gold Inc. to C$37 from C$30, maintaining an Outperformer rating, driven by increased gold price assumptions to $6,000 per ounce in 2026 and $6,500 in 2027 [2]. - Scotiabank increased its price target for Centerra Gold Inc. to $19 from $13.50, also maintaining an Outperform rating, citing higher gold and silver price assumptions due to macroeconomic uncertainty and ongoing central bank purchases [3]. - Canaccord raised its price target on Centerra Gold Inc. to C$36 from C$31, reiterating a Buy rating, reflecting a positive outlook on precious metals pricing and the company's asset base [3]. Company Operations - Centerra Gold Inc. focuses on the acquisition, exploration, development, and operation of gold and copper assets across North America, Türkiye, and other international markets, with core operations including the Mount Milligan gold-copper mine in British Columbia and the Öksüt gold mine in Türkiye [4].

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Centerra Gold Inc. (CGAU) currently holding a Momentum Style Score of A [2] - Style Scores complement the Zacks Rank system, which has a strong track record of outperforming the market [3] Group 2: Centerra Gold Inc. Performance - CGAU shares have increased by 3.4% over the past week, while the Zacks Mining - Gold industry remained flat during the same period [5] - Over the last quarter, CGAU shares rose by 57.41%, and over the past year, they increased by 168.25%, significantly outperforming the S&P 500's gains of 3.73% and 16.78% respectively [6] - The average 20-day trading volume for CGAU is 2,509,705 shares, indicating a bullish sign with rising stock prices [7] Group 3: Earnings Outlook - Recent earnings estimate revisions for CGAU show 2 estimates moving higher and 2 lower for the full year, raising the consensus estimate from $0.97 to $1.03 over the past 60 days [9] - For the next fiscal year, 4 estimates have increased with no downward revisions, indicating positive earnings momentum [9] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, CGAU is rated as a 1 (Strong Buy) stock with a Momentum Score of A, making it a promising investment option [11]

Core Viewpoint - Centerra Gold Inc. (CGAU) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [2][4]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that affect stock prices [4]. Company Performance Indicators - For the fiscal year ending December 2025, Centerra Gold is expected to earn $1.03 per share, which remains unchanged from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Centerra Gold has increased by 33.9%, reflecting a positive outlook for the company's earnings [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks which have averaged a +25% annual return since 1988 [7]. - The upgrade to Zacks Rank 2 places Centerra Gold in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].

Core Viewpoint - Centerra Gold Inc. has suspended operations at its Langeloth Metallurgical Facility due to an explosion caused by an uncontrolled chemical reaction, with no fatalities reported but several injuries [1] Group 1: Incident Details - The explosion occurred on January 29, 2026, at approximately 6:15 p.m. Eastern Time [1] - Two contractors were hospitalized with injuries, and two employees were taken to the hospital for precautionary reasons [1] - There is currently no indication of a significant environmental release, and relevant regulatory agencies have been notified [1] Group 2: Company Overview - Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring, and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide [2] - The company operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye [2] - Centerra also owns the Kemess Project in British Columbia, the Goldfield Project in Nevada, and operates a Molybdenum Business Unit in the United States and Canada [2]

Core Viewpoint - Centerra Gold Inc. is well-positioned to continue its earnings-beat streak, having shown a strong history of exceeding earnings estimates, particularly in the last two quarters with an average surprise of 48.53% [1] Earnings Performance - In the most recent quarter, Centerra Gold reported earnings of $0.33 per share, surpassing the expected $0.22 per share, resulting in a surprise of 50.00% [2] - For the previous quarter, the company reported $0.25 per share against an expectation of $0.17 per share, achieving a surprise of 47.06% [2] Earnings Estimates and Predictions - Recent estimates for Centerra Gold have been increasing, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of another earnings beat [5] - The current Earnings ESP for Centerra Gold is +5.32%, reflecting growing analyst optimism regarding its near-term earnings potential [8] Zacks Rank and Success Rate - Centerra Gold holds a Zacks Rank of 1 (Strong Buy), which, when combined with a positive Earnings ESP, suggests a high probability of exceeding earnings expectations [8] - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% success rate in beating consensus estimates [6]

Core Insights - Centerra Gold Inc. (CGAU) and IAMGOLD Corporation (IAG) are attracting investor interest due to strong gold prices and improving operational metrics in the precious metals sector [1][2] Group 1: Centerra Gold Inc. (CGAU) - Centerra Gold reported a strong third quarter with consistent production, generating significant cash flow from its core assets, producing 49,234 ounces at the Öksüt Mine and 32,539 ounces of gold along with 13.4 million pounds of copper at the Mount Milligan Mine [3][6] - The Mount Milligan Mine's long-term permitting and technical work has been advanced, extending operational visibility to 2045 and allowing for a 10% processed throughput expansion by 2028 [4][5] - As of the end of Q3, CGAU had approximately $561.8 million in cash, a long-term debt-to-capitalization ratio of 2.3%, and a free cash flow of about $99 million, providing substantial liquidity for operations and growth projects [6][9] Group 2: IAMGOLD Corporation (IAG) - IAMGOLD achieved a total attributable gold production of approximately 190,000 ounces in Q3 2025, with the Côté Gold Mine producing a record 106,000 ounces [7][10] - The Essakane Mine produced 92,000 ounces despite operational challenges, while the Westwood Complex contributed around 23,000 ounces [8][12] - IAG's cash and cash equivalents were about $314 million at the end of Q3, with a long-term debt-to-capitalization ratio of 21.3% and a record mine-site free cash flow of $292 million [12] Group 3: Comparative Analysis - CGAU's stock has increased by 198.7% over the past year, while IAG's stock has risen by 248.5% [15] - CGAU is trading at a forward 12-month sales multiple of 2.91X, compared to IAG's 4.47X [16] - The Zacks Consensus Estimate suggests a 47.8% year-over-year rise in CGAU's fiscal 2026 EPS, while IAG's EPS is expected to rise by 98.1% [19][20] Group 4: Investment Outlook - CGAU is positioned as a more reliable investment due to its stronger balance sheet, lower leverage, and higher liquidity, while IAG presents upside potential through the ramp-up of the Côté Gold project, albeit with execution risks [21][22] - CGAU holds a Zacks Rank of 1 (Strong Buy), while IAG has a Zacks Rank of 3 (Hold) [22]