Centamin (TSE:CEE) Hits New 52-Week High at $2.61

Centamin plc (TSE:CEE - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as C$2.61 and last traded at C$2.61, with a volume of 57262 shares traded. The stock had previously closed at C$2.13.

Centamin Trading Up 23.5 %

The stock has a 50-day moving average of C$2.20 and a two-hundred day moving average of C$2.07. The company has a market cap of C$3.05 billion, a P/E ratio of 25.70, a price-to-earnings-growth ratio of 0.85 and a beta of 0.56. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.09 and a current ratio of 3.44.

Centamin Increases Dividend

The business also recently declared a Semi-Annual dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 27th will be issued a dividend of $0.031 per share. The ex-dividend date is Friday, August 30th. This is an increase from Centamin's previous Semi-Annual dividend of $0.03. This represents a dividend yield of 0.93%. Centamin's dividend payout ratio (DPR) is presently 60.00%.

Centamin Company Profile

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.