Centamin (LON:CEY) Reaches New 1-Year High at $116.20

Centamin plc (LON:CEYGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 116.20 ($1.46) and last traded at GBX 115.70 ($1.45), with a volume of 732441 shares trading hands. The stock had previously closed at GBX 112.90 ($1.42).

Analyst Ratings Changes

Separately, Berenberg Bank boosted their target price on Centamin from GBX 130 ($1.63) to GBX 150 ($1.88) and gave the stock a “buy” rating in a research report on Tuesday, March 26th.

Get Our Latest Stock Report on CEY

Centamin Stock Performance

The company’s 50-day moving average is GBX 99.62 and its two-hundred day moving average is GBX 93.66. The company has a market capitalization of £1.36 billion, a P/E ratio of 1,953.33, a PEG ratio of -1.53 and a beta of 0.56. The company has a quick ratio of 2.09, a current ratio of 3.22 and a debt-to-equity ratio of 0.37.

Centamin Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, June 19th. Stockholders of record on Thursday, May 30th will be issued a $0.02 dividend. This represents a dividend yield of 1.48%. The ex-dividend date is Thursday, May 30th. Centamin’s payout ratio is 5,000.00%.

Centamin Company Profile

(Get Free Report)

Centamin plc, together with its subsidiaries, engages in the exploration, mining, and development of gold and precious metals in Egypt, Burkina Faso, Côte d'Ivoire, Jersey, the United Kingdom, and Australia. Its principal asset is the Sukari Gold Mine project, which covers an area of approximately 160 square kilometers located in the Eastern Desert of Egypt.

Further Reading

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