Centamin (TSE:CEE) Hits New 52-Week High - What's Next?

Centamin plc (TSE:CEE - Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as C$2.90 and last traded at C$2.90, with a volume of 23645 shares. The stock had previously closed at C$2.70.

Centamin Stock Up 8.1 %

The firm has a market cap of C$3.39 billion, a price-to-earnings ratio of 29.60, a P/E/G ratio of 0.85 and a beta of 0.56. The firm's 50 day moving average price is C$2.46 and its two-hundred day moving average price is C$2.24. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.44 and a quick ratio of 2.09.

Centamin Increases Dividend

The firm also recently announced a Semi-Annual dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 27th were paid a dividend of $0.031 per share. This is an increase from Centamin's previous Semi-Annual dividend of $0.03. The ex-dividend date of this dividend was Friday, August 30th. This represents a dividend yield of 0.93%. Centamin's dividend payout ratio is 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.