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Centamin (TSE:CEE) Shares Cross Above Two Hundred Day Moving Average of $2.01

Centamin logo with Basic Materials background

Shares of Centamin plc (TSE:CEE - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.01 and traded as high as C$2.29. Centamin shares last traded at C$2.29, with a volume of 1,300 shares traded.

Centamin Stock Down 0.9 %

The company has a quick ratio of 2.09, a current ratio of 3.44 and a debt-to-equity ratio of 0.29. The stock has a market cap of C$2.63 billion, a PE ratio of 22.60, a price-to-earnings-growth ratio of 0.85 and a beta of 0.52. The firm has a fifty day moving average of C$2.16 and a 200 day moving average of C$2.01.

Centamin Increases Dividend

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

About Centamin

(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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