Centamin Plc (CELTF) Upgraded to Hold by Zacks Investment Research
Centamin Plc (OTCMKTS:CELTF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.
According to Zacks, “Centamin plc is a mineral exploration development and mining company. It engages in the exploration, mining and development of mineral properties primarily in Egypt, Ethiopia, the United Kingdom and Australia. The company’s current projects include Sukari old Mines and focuses on the Arabian-Nubian Shield. Centamin plc is headquartered in Saint Helier, Jersey. “
Shares of Centamin Plc (OTCMKTS:CELTF) traded down 0.27% during midday trading on Tuesday, reaching $1.86. The company’s stock had a trading volume of 1,000 shares. The stock’s 50-day moving average is $1.95 and its 200 day moving average is $2.09. The stock has a market capitalization of $2.14 billion, a P/E ratio of 0.34 and a beta of 0.36. Centamin Plc has a 12 month low of $1.39 and a 12 month high of $2.40.
Centamin Plc (OTCMKTS:CELTF) last released its earnings results on Thursday, August 3rd. The basic materials company reported $0.03 earnings per share for the quarter. The firm had revenue of $151.28 million during the quarter, compared to analyst estimates of $156.84 million. Centamin Plc had a net margin of 19.57% and a return on equity of 11.50%.
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