Core Viewpoint - Centerra Gold Inc. has received an amended environmental assessment and permits for the Mount Milligan Mine, allowing operations to continue through 2035 with a 10% expansion in plant throughput starting in 2028 [1][2] Group 1: Operational Developments - The Mount Milligan Mine has been selected for expedited permitting by the Province of British Columbia to support economic development [1] - Engineering studies are ongoing to support future permit authorizations for extending the mine life to 2045, as outlined in a Pre-Feasibility Study [2] Group 2: Economic Impact - The extended life of the Mount Milligan Mine is expected to provide consistent employment for over 1,000 workers and enhance business opportunities for First Nations and surrounding communities [3] - The Premier of British Columbia highlighted that the mine expansion will secure hundreds of family-supporting jobs and generate significant economic benefits for the region [3] Group 3: Company Overview - Centerra Gold Inc. is focused on operating, developing, exploring, and acquiring gold and copper properties in North America, Türkiye, and other global markets [4] - The company operates two mines: Mount Milligan in British Columbia and the Öksüt Mine in Türkiye, along with other projects in Canada and the United States [4]

Expanded mineral resource and strong exploration upside support long-term production potential Streamlined project execution driven by integrated open pit and underground mining strategy Existing infrastructure and staged capital investment result in lowered execution risk 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 doll ...

Core Viewpoint - Centerra Gold (CGAU) has been identified as a strong investment opportunity, particularly following a significant bull market in gold, which has positively impacted the stock's multiples [1]. Company Summary - Centerra Gold was added to a value portfolio in May of the previous year and received a "Strong Buy" rating [1]. - The stock has benefited from a substantial increase in gold prices, reflecting a favorable market environment for gold mining companies [1]. Analyst Background - The analysis is conducted by a private trader with over 20 years of experience in investing and trading, applying engineering analytical skills to the financial markets [1]. - The analyst has a contrarian investment style and has published editorials in various reputable platforms [1].

Core Insights - Centerra Gold, Inc. (CGAU) shares reached a 52-week high of $16.44, closing at $15.96, reflecting a 173.3% increase over the past year, outperforming the Zacks Mining-Gold industry's 157% rise, driven by higher gold prices and improved margins [1][6] Financial Performance - CGAU reported Q3 revenues of $395.2 million, a 22% year-over-year increase, supported by gold prices of $3,178 per ounce and copper prices of $3.73 per pound [4] - The company produced 81,773 ounces of gold and 13.4 million pounds of copper, with stable operations and improved ore grades contributing to performance [4] Strategic Initiatives - Centerra filed a Pre-Feasibility Study (PFS) for Mount Milligan, extending the mine's life to 2045 and increasing mineral reserves, with planned throughput enhancements through plant upgrades [5] - The Goldfield project in Nevada is progressing with a technical study indicating strong economics for future production [5] - The company is restarting the Thompson Creek mine and Langeloth facility, targeting first production in the second half of 2027 [6][7] - A strategic equity investment in Midland Exploration was made to support early-stage resource development and long-term growth potential [7] Market Position - CGAU holds a Zacks Rank 1 (Strong Buy), indicating strong market confidence [8] - Other top-ranked stocks in the Basic Materials sector include Royal Gold Inc. (RGLD), DPM Metals Inc. (DPMLF), and Harmony Gold Mining Company Limited (HMY) [8]

Group 1: Centerra Gold Inc. (CGAU) - Centerra Gold Inc. is a metals mining company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 7.6% over the last 60 days [1] - The company offers a dividend yield of 1.2%, which is higher than the industry average of 0.0% [1] Group 2: Patria Investments Limited (PAX) - Patria Investments Limited is a private equity company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 1.6% over the last 60 days [2] - The company has a dividend yield of 3.5%, compared to the industry average of 2.6% [2]

Group 1: Centerra Gold Inc. (CGAU) - Centerra Gold Inc. is a metals mining company with a Zacks Rank of 1 [1] - The Zacks Consensus Estimate for Centerra's current year earnings has increased by 7.6% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 12.65, significantly lower than the S&P's P/E of 25.66 [1] - Centerra Gold possesses a Value Score of B [1] Group 2: Patria Investments Limited (PAX) - Patria Investments Limited is a private equity company with a Zacks Rank of 1 [2] - The Zacks Consensus Estimate for Patria's next year earnings has increased by 1.6% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 11.35, which is lower than the industry average of 24.60 [2] - Patria Investments possesses a Value Score of A [2]

Core Insights - Centerra Gold Inc. (CGAU) has experienced a significant stock increase of 116.2% over the past six months, outperforming the Zacks Mining-Gold industry which rose by 74.9% and the S&P 500 which saw a modest increase of 13.7% [1] - The stock surge is attributed to stronger gold prices and improved operational performance, particularly from the Mount Milligan mine and effective cost management [1] Financial Performance - In Q3 2025, Centerra Gold reported revenue of $395.2 million, marking a year-over-year increase of approximately 22%, driven by robust gold and copper output [6][7] - The company produced 81,773 ounces of gold, with contributions of 49,234 ounces from Öksüt and 32,539 ounces from Mount Milligan, alongside 13.4 million pounds of copper [7] - Higher realized prices of around $3,178 per ounce for gold and $3.73 per pound for copper contributed to improved margins [8] - Centerra Gold generated $161.7 million in cash from operating activities, resulting in free cash flow of $98.7 million, showcasing its ability to convert revenue into liquidity [10] Operational Strengths - The company maintained stable mining and processing rates at both sites, benefitting from improved ore grades at Öksüt and effective plant management at Mount Milligan [9] - The operational strengths supported year-over-year revenue growth and highlighted the resilience of Centerra Gold's production platform [9] Financial Position - At the end of Q3, Centerra Gold held a cash balance of approximately $561.8 million and an undrawn credit facility of $400 million, providing total liquidity of nearly $962 million [11] - The disciplined capital allocation approach, combined with strong cash generation, allows the company to meet operational needs while investing in long-term growth [13] Project Developments - Centerra Gold has made progress on several strategic growth projects, including a Pre-Feasibility Study for the Mount Milligan mine, extending its life to 2045 and enhancing mineral reserves [14] - The company is advancing the Goldfield project in Nevada, which has shown attractive economics, and is moving forward with the restart of the Thompson Creek mine, targeting first production in the second half of 2027 [16] Earnings Estimates - The Zacks Consensus Estimate for CGAU's fiscal 2025 earnings is currently at 99 cents per share, indicating a year-over-year growth of 39.44%, with the estimate for 2026 at $1.27 per share, implying 28.1% growth [18][19] Valuation Metrics - CGAU is trading at a forward 12-month price-to-earnings multiple of 12.19X, which is above the peer group average of 11.19X [21] - The company and Galiano Gold currently have a Value Score of A, while Royal Gold has a score of E [23]

Core Viewpoint - Dryden Gold Corp. announces significant developments including a top-up right exercise by Centerra Gold and a non-brokered private placement aimed at funding exploration activities in 2026 [1][3]. Group 1: Centerra Gold's Top-Up Right - Centerra Gold intends to exercise its 'top-up right' to maintain a 9.99% interest in Dryden Gold, subject to TSX Venture Exchange approval [1]. - This action is in accordance with the investor rights agreement dated December 17, 2024, between Dryden Gold and Centerra Gold [1]. Group 2: Private Placement Offering - Dryden Gold is conducting a non-brokered private placement of 2,350,000 charity flow-through common shares at a price of $0.425 per share, aiming for gross proceeds of $998,985 [3]. - The proceeds will be allocated to eligible resource exploration expenses qualifying under Canadian tax regulations [4]. Group 3: Exploration Plans for 2026 - The company plans to significantly expand its exploration program in 2026, with drilling estimated at 23,000 to 25,000 meters and a budget increase of 75-100% [5][6]. - The exploration efforts will focus on expanding the district-scale potential of its 70,000-hectare land package in northwest Ontario [6]. Group 4: Company Overview - Dryden Gold Corp. is focused on discovering high-grade gold mineralization and controls a strategic land position in the Dryden District of Northwestern Ontario [9]. - The property includes historic gold mines and has potential for high-grade mineralization along a 50 km strike length [9].

Core Insights - Centerra Gold Inc. will release its fourth quarter 2025 operating and financial results, along with 2026 guidance and 2025 year-end estimates for mineral reserves and resources, after market close on February 19, 2026 [1] - A conference call and webcast to discuss the results will take place on February 20, 2026, at 9:00 a.m. Eastern Time [1] 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 global markets [3] - The company operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye [3] - 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 [3] - The company's shares are traded on the Toronto Stock Exchange (TSX) under the symbol CG and on the New York Stock Exchange (NYSE) under the symbol CGAU [3]

Core Insights - The article emphasizes a versatile investment strategy suitable for various investor profiles, including dividend investors, value seekers, and those looking for growth opportunities [1]. Group 1 - The author, Alberto, possesses a Master's degree in Business Economics and has a strong managerial and economic background, which enhances his analytical capabilities [1]. - The investment strategy described is adaptable, catering to different types of stocks across all sectors, making it relevant for a wide range of investors [1].