Centamin PLC (LON:CEY) was upgraded by equities research analysts at Numis Securities Ltd to an “add” rating in a research report issued to clients and investors on Tuesday.
CEY has been the subject of several other research reports. Macquarie reiterated an “outperform” rating on shares of Centamin PLC in a research report on Monday, August 22nd. Panmure Gordon lowered Centamin PLC to a “hold” rating in a research note on Thursday, August 11th. Canaccord Genuity reissued a “buy” rating on shares of Centamin PLC in a research note on Wednesday, August 10th. Goldman Sachs Group Inc. reissued a “buy” rating on shares of Centamin PLC in a research note on Monday, June 27th. Finally, Jefferies Group started coverage on Centamin PLC in a research note on Wednesday, June 22nd. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 81.38 ($1.01).
Centamin PLC (LON:CEY) traded down 4.63% during trading on Tuesday, hitting GBX 148.20. The company had a trading volume of 10,064,155 shares. The firm has a 50-day moving average of GBX 151.52 and a 200 day moving average of GBX 133.15. The company’s market capitalization is GBX 1.71 billion. Centamin PLC has a 12-month low of GBX 55.65 and a 12-month high of GBX 183.90.
About Centamin PLC
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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