A statement released earlier today by Macquarie about Centamin PLC (LON:CEY) maintains the target price at 150.00GBX
- Updated: September 19, 2016
Only yesterday Centamin PLC (LON:CEY) traded 1.44% higher at 143.80GBX. The company’s 50-day average is 161.71GBX and its 200-day moving average is 126.75GBX. With the last stock price up 14.37% from the 200-day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. 584,328 shares of CEY exchanged hands, down from ann average volume of 9,288,780.
In an issued report on 9/20/2016 Macquarie held steady the target price of Centamin PLC (LON:CEY) at 150GBX reporting a possible upsideof 0.04%.
Previously on 9/2/2016, Investec reported about Centamin PLC(LON:CEY) bumped the target price from 180.00GBX to 192.00GBX that suggested an upside of 0.27%.
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A total of 12 brokerages have issued a research note on the company. One firm rate the stock a strong buy, four analysts rate the stock a buy, four analyts rate the stock a hold, one brokerage rate the stock to underperform, and lastly one analystrate the stock as sell with a 12-month target stock price of 1.63GBX
Centamin PLC has a PE of 14 with a 52 week low of 55.65GBX and a 52 week high of 183.90GBX and has a market cap of 0.0 GBX.
General Company Details For Centamin PLC (LON:CEY)
Centamin plc (Centamin) is a mineral exploration, development and mining company. The Company operates in Egypt, Ethiopia, the United Kingdom and Australia. The Company’s segment is the business of exploration and mining of precious metals. The Company’s principal asset is the Sukari Gold Mine, which is jointly owned by the Company’s subsidiary, Pharaoh Gold Mines NL (PGM), and Egyptian Mineral Resource Authority (EMRA) on approximately 50% equal basis. Sukari Gold Mine is a gold mine located in Egypt. Through PGM, the Company has entered into the concession agreement with EMRA and the Arab Republic of Egypt granting PGM and EMRA the right to explore, develop, mine and sell gold and associated minerals in specific concession areas located in the Eastern desert of Egypt. Centamin’s subsidiaries include Centamin Egypt Limited, Viking Resources Limited, Ampella Share Plan Ltd, Konkera SA, and Shebla exploration Limited and North African Resources NL.
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