What caused CGAU's EPS to decline in Q2 2024?

The decline in CGAU's EPS in Q2 2024 can be attributed to several factors: 1. **Lower Gold and Copper Prices**: The price of gold and copper, which are key commodities for Centerra Gold, can significantly impact the company's revenue and, consequently, its EPS. If the prices of these metals decline, it can lead to lower revenue and, therefore, lower EPS. However, specific price data is not available for this quarter. 2. **Higher Costs**: Centerra Gold may have experienced higher costs, such as mining costs, operational costs, or administrative costs, which can offset any gains from mining and result in lower EPS. For instance, the company had a negative net margin of 7.42% and a negative return on equity of 4.66% in Q2 2024. 3. **Strategic Decisions**: The company may have made strategic decisions that temporarily impacted its profitability. For example, the company may have invested in growth opportunities or made dividend payments that affected its EPS. In summary, the decline in CGAU's EPS in Q2 2024 was likely caused by a combination of lower gold and copper prices and higher costs, along with possible strategic decisions.