Youssef Abbas El-Raghy Sells 250,000 Shares of Centamin PLC (CEE) Stock
Centamin PLC (TSE:CEE) insider Youssef Abbas El-Raghy sold 250,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 7th. The stock was sold at an average price of C$1.72, for a total transaction of C$430,000.00.
Centamin PLC (CEE) traded down 1.79% on Friday, reaching $2.75. 20,030 shares of the company’s stock traded hands. Centamin PLC has a 12-month low of $1.84 and a 12-month high of $3.23. The stock has a 50 day moving average price of $2.89 and a 200 day moving average price of $2.69. The stock has a market cap of $3.18 billion and a price-to-earnings ratio of 17.08.
Separately, Royal Bank of Canada reiterated an “outperform” rating on shares of Centamin PLC in a research report on Thursday, May 4th.
About Centamin PLC
Centamin plc is a mineral exploration, development and mining company. The Company is engaged in the business of exploration and production of precious metals. It operates in Australia, Jersey, Egypt, Burkina Faso and Cote d’Ivoire. Its principal asset, the Sukari Gold Mine (SGM), is located in the Eastern Desert, approximately 900 kilometers from Cairo and 25 kilometers from the Red Sea.
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