Centamin PLC (CEY) Upgraded at Numis Securities Ltd
Centamin PLC (LON:CEY) was upgraded by Numis Securities Ltd to an “add” rating in a note issued to investors on Tuesday.
Other research analysts have also recently issued reports about the stock. Macquarie reissued an “outperform” rating on shares of Centamin PLC in a report on Monday, August 22nd. Goldman Sachs Group Inc. reissued a “buy” rating on shares of Centamin PLC in a report on Monday, June 27th. Canaccord Genuity reissued a “buy” rating on shares of Centamin PLC in a report on Thursday, July 7th. Panmure Gordon cut shares of Centamin PLC to a “hold” rating in a report on Thursday, August 11th. Finally, Jefferies Group began coverage on shares of Centamin PLC in a report on Wednesday, June 22nd. They set a “hold” rating for the company. One analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. Centamin PLC has an average rating of “Hold” and a consensus price target of GBX 81.38 ($1.01).
Shares of Centamin PLC (LON:CEY) opened at 148.20 on Tuesday. The stock’s market cap is GBX 1.71 billion. The stock’s 50 day moving average is GBX 151.52 and its 200 day moving average is GBX 133.15. Centamin PLC has a 52-week low of GBX 55.65 and a 52-week high of GBX 183.90.
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Centamin PLC Company Profile
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.
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