Centerra Gold (CGAU), a Canadian gold miner with the Mount Milligan mine in British Columbia and the Öksüt mine in Turkey, carries a Zacks Rank #5 (Strong Sell) because analysts have cut earnings estimates. Over the past two months, two analysts lowered estimates for the current year and two cut next year's, with no upward revisions; the current-year consensus fell from $1.62 to $1.52 per share, nearly 6%, and the current-quarter estimate slipped from 38 cents to 34 cents. Despite beating earnings expectations by 12.12% in its latest quarter and posting nearly 27% year-over-year sales growth, the stock has gained more than 40% year to date and over 72% in the last twelve months. The Mining – Gold industry ranks in the bottom 27% of Zacks' Industry Rank, and the article names Dakota Gold (DC) and Fury Gold Mines (FURY) as sector stocks still holding Zacks Rank #2 (Buy).
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