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Centamin (TSE:CEE) Hits New 1-Year High - Time to Buy?

Centamin logo with Basic Materials background

Centamin plc (TSE:CEE - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$3.15 and last traded at C$3.00, with a volume of 4300 shares. The stock had previously closed at C$3.18.

Centamin Trading Down 5.3 %

The company has a market cap of C$3.49 billion, a price-to-earnings ratio of 30.10, a P/E/G ratio of 0.85 and a beta of 0.56. The business has a fifty day simple moving average of C$2.56 and a 200 day simple moving average of C$2.28. The company has a quick ratio of 2.09, a current ratio of 3.44 and a debt-to-equity ratio of 0.29.

Centamin Increases Dividend

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

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.

Further Reading

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