Centamin plc (LON:CEY - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 132.72 ($1.73) and traded as high as GBX 155.50 ($2.02). Centamin shares last traded at GBX 150.50 ($1.96), with a volume of 2,606,602 shares trading hands.
Wall Street Analysts Forecast Growth
CEY has been the topic of a number of analyst reports. Canaccord Genuity Group reissued a "buy" rating and set a GBX 150 ($1.95) price objective on shares of Centamin in a report on Tuesday, September 10th. Berenberg Bank restated a "buy" rating and issued a GBX 160 ($2.08) target price on shares of Centamin in a research note on Wednesday, August 21st.
Get Our Latest Stock Analysis on CEY
Centamin Stock Up 1.0 %
The firm's 50 day moving average price is GBX 150.42 and its 200-day moving average price is GBX 132.72. The company has a current ratio of 3.44, a quick ratio of 2.09 and a debt-to-equity ratio of 0.29. The company has a market cap of £1.76 billion, a P/E ratio of 3,011.60, a price-to-earnings-growth ratio of -1.53 and a beta of 0.56.
Centamin Company Profile
(
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Centamin plc, together with its subsidiaries, engages in the exploration, mining, and development of gold and precious metals in Egypt, Côte d'Ivoire, Burkina Faso, 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.
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