Centamin PLC (CEY) Upgraded to “Add” by Numis Securities Ltd
A number of other research analysts have also recently weighed in on CEY. Macquarie reaffirmed an outperform rating on shares of Centamin PLC in a research report on Tuesday, September 20th. Panmure Gordon reaffirmed a buy rating on shares of Centamin PLC in a research report on Thursday, July 7th. Canaccord Genuity reaffirmed a buy rating on shares of Centamin PLC in a research report on Thursday, July 7th. Jefferies Group began coverage on Centamin PLC in a research report on Wednesday, June 22nd. They set a hold rating on the stock. Finally, Goldman Sachs Group Inc. reaffirmed a buy rating on shares of Centamin PLC in a research report on Thursday, June 16th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of Hold and an average price target of GBX 81.38 ($1.01).
Shares of Centamin PLC (LON:CEY) traded down 0.67% during mid-day trading on Tuesday, reaching GBX 147.20. 2,789,340 shares of the company’s stock were exchanged. The firm’s market capitalization is GBX 1.70 billion. The stock has a 50-day moving average of GBX 151.52 and a 200 day moving average of GBX 133.15. Centamin PLC has a one year low of GBX 55.65 and a one year high of GBX 183.90.
Centamin PLC Company Profile
Centamin plc (Centamin) is a mineral exploration, development and mining company. The Company operates in Egypt, Ethiopia, the United Kingdom and Australia. The Company’s segment is the business of exploration and mining of precious metals. The Company’s principal asset is the Sukari Gold Mine, which is jointly owned by the Company’s subsidiary, Pharaoh Gold Mines NL (PGM), and Egyptian Mineral Resource Authority (EMRA) on approximately 50% equal basis.
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