Centamin plc (LON:CEY - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 133.52 ($1.68) and traded as high as GBX 143.10 ($1.80). Centamin shares last traded at GBX 140.70 ($1.77), with a volume of 2,009,236 shares changing hands.
Analysts Set New Price Targets
A number of research firms recently weighed in on CEY. Canaccord Genuity Group restated a "buy" rating and set a GBX 150 ($1.89) price target on shares of Centamin in a research report on Tuesday, September 10th. Berenberg Bank reissued a "buy" rating and set a GBX 160 ($2.02) price objective on shares of Centamin in a research note on Wednesday, August 21st.
Check Out Our Latest Stock Analysis on CEY
Centamin Trading Up 0.8 %
The business has a fifty day moving average price of GBX 153.17 and a two-hundred day moving average price of GBX 133.52. 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 firm has a market capitalization of £1.63 billion, a PE ratio of 2,814.00, a PEG ratio of -1.53 and a beta of 0.56.
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, 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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