Centerra Gold (TSX:CG) Shares Outstanding (EOP): 199 Mil (As of Mar. 2026)


TSX:CG Centerra Gold Inc TSX:CG
91 GF Score
Price C$22.49
GF Value C$14.38
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Centerra Gold Shares Outstanding (EOP)?

Centerra Gold TSX:CG -1.88% 91 Shares Outstanding (EOP) is 199 Mil as of Mar. 2026. GuruFocus rates TSX:CG with a GF Score™ of 91/100 and a GF Value™ of C$14.38 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Centerra Gold's shares outstanding for the quarter that ended in Mar. 2026 was 199 Mil.

Centerra Gold's quarterly shares outstanding declined from Dec. 2025 (200 Mil) to Mar. 2026 (199 Mil). It means Centerra Gold bought back shares from Dec. 2025 to Mar. 2026 .

Centerra Gold's annual shares outstanding declined from Dec. 2024 (210 Mil) to Dec. 2025 (200 Mil). It means Centerra Gold bought back shares from Dec. 2024 to Dec. 2025 .


Centerra Gold  (TSX:CG) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Centerra Gold Shares Outstanding (EOP) Related Terms


Centerra Gold Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Centerra Gold's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Centerra Gold Shares Outstanding (EOP) Chart

Centerra Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 297.07 218.43 215.50 210.03 199.81

Centerra Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 207.94 204.33 201.64 199.81 199.02

TSX:CG vs NEM, AU: Shares Outstanding (EOP) Comparison

For the Gold subindustry, Centerra Gold's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Centerra Gold Shares Outstanding (EOP) vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Centerra Gold's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Centerra Gold's Shares Outstanding (EOP) falls into.


TSX:CG
91GF Score
Centerra Gold Inc TSX:CG
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Centerra Gold Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 199 Mil mean?
Centerra Gold (TSX:CG) has a Shares Outstanding (EOP) of 199 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Centerra Gold and its competitors.
Is Centerra Gold's Shares Outstanding (EOP) too high?
Centerra Gold's current Shares Outstanding (EOP) is 199 Mil. Overall, Centerra Gold has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centerra Gold's Shares Outstanding (EOP) compare to NEM and AU?
Centerra Gold's Shares Outstanding (EOP) of 199 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Metals & Mining company?
A good Shares Outstanding (EOP) depends on the Metals & Mining industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Centerra Gold and its competitors. Centerra Gold's current Shares Outstanding (EOP) is 199 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centerra Gold stock overvalued right now?
Based on GuruFocus' analysis, Centerra Gold (TSX:CG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.38, compared to a current price of C$22.49 — trading 56.4% above its estimated fair value. The current Shares Outstanding (EOP) is 199 Mil. Centerra Gold's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Centerra Gold (TSX:CG), the current Shares Outstanding (EOP) is 199 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Centerra Gold (TSX:CG) Overvalued in 2026?

Based on GuruFocus' analysis, Centerra Gold stock appears to be overvalued. The current stock price of C$22.49 is trading 56.4% above its estimated GF Value™ of C$14.38. GuruFocus considers Centerra Gold to be Significantly Overvalued.

Key valuation signals for TSX:CG:

  • Shares Outstanding (EOP): 199 Mil
  • GF Value™: C$14.38 vs. price of C$22.49 (56.4% above fair value)
  • GF Score™: 91/100 with 1 warning sign

No single metric tells the full story. See the TSX:CG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Centerra Gold Business Description

Other Exchanges CGAU:USA0UP5:UKGOU:Germany
Address 1 University Avenue, Suite 1800, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc is principally focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets world-wide. The company reportable operating segments are Oksut; Mount Milligan; and Molybdenum. It derives maximum revenue from Mount Milligan segment. Geographically, it operates in Turkey, United States, and Canada.
91GF Score

Get the complete analysis for TSX:CG

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$22.49
Price
C$14.38
GF Value