Centamin (TSE:CEE) Stock Crosses Above Two Hundred Day Moving Average of $1.98

Centamin plc (TSE:CEE - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.98 and traded as high as C$2.19. Centamin shares last traded at C$2.19, with a volume of 5,530 shares traded.

Centamin Stock Down 3.2 %

The company's 50 day moving average price is C$2.13 and its two-hundred day moving average price is C$1.99. The firm has a market cap of C$2.46 billion, a PE ratio of 21.60, a PEG ratio of 0.85 and a beta of 0.52. The company has a current ratio of 3.44, a quick ratio of 2.09 and a debt-to-equity ratio of 0.29.

Centamin Increases Dividend

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

About Centamin

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.