Centerra sees eight-fold quarterly increase, ups 2017 guidance

TSX-listed Centerra Gold has upped its second-quarter net earnings by a whopping 706% year-on-year, according to a release published Monday. The Canadian gold major reported net earnings of $23.4-million, or $0.08 per common share, on revenues of $279.2-million for the three months ended June 30, 2017, compared with net earnings of $2.9-million, or $0.01 per common share, on revenues of $160.4-million for the same period in 2016.