Centerra Gold (CGAU) was added to the Zacks Rank #1 (Strong Buy) list for February 5, 2026, joining four other names. This placement reflects robust analyst sentiment driven by improving operational metrics at the company’s flagship Öksüt mine in Türkiye and strong free cash flow generation. The upgrade follows three consecutive quarters of production exceeding guidance, with an average monthly output of 30,000 ounces in Q4 2025, up 12% year-over-year. Investors should note that Zacks’ proprietary earnings estimate revisions model recorded five upward revisions to FY2026 EPS forecasts in the past six weeks, underlining growing optimism about Centerra’s near-term profitability trajectory.

On the same date, CGAU also earned a spot on Zacks’ Rank #1 list of value stocks. The company’s forward price-to-earnings ratio of 8.5x as of February 4 ranks in the lowest decile among mid-cap gold miners. With a dividend yield of 2.3% and a net debt to EBITDA ratio that fell to 0.8x at year-end 2025, Centerra Gold combines growth potential with a defensive balance sheet. Zacks highlighted the share’s relative discount versus peers—six percentage points below the industry median—and cited the potential for multiple expansion should analyst forecasts continue to rise.

Prior to the February 5 announcements, Zacks had upgraded Centerra Gold from a Zacks Rank #3 to a Rank #2 (Buy) on January 28, 2026. This upgrade was driven by a 15% upward shift in consensus EPS estimates for Q1 2026 over the preceding month, fueled by cost reductions at the Mount Milligan operation in Canada and accelerating leach pad recovery rates at Öksüt. The revised outlook projects annualized free cash flow of $180 million for the full year, a 25% improvement over 2025, which supports both ongoing debt repayment and potential incremental shareholder returns. Analysts now anticipate a 9% EPS growth compound annual rate through 2027.