Centamin Plc (OTCMKTS:CELTF) – Investment analysts at Jefferies Group increased their FY2018 earnings estimates for shares of Centamin in a research report issued to clients and investors on Friday. Jefferies Group analyst A. Spence now expects that the basic materials company will post earnings of $0.14 per share for the year, up from their previous estimate of $0.11. Jefferies Group also issued estimates for Centamin’s FY2019 earnings at $0.12 EPS.
A number of other equities analysts have also recently commented on CELTF. ValuEngine cut shares of Centamin from a “buy” rating to a “hold” rating in a research report on Tuesday, January 30th. Zacks Investment Research cut shares of Centamin from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd.
Centamin Company Profile
Centamin plc, together with its subsidiaries, engages in the exploration, mining, and development of precious metals in Egypt, Burkina Faso, Côte dIvoire, United Kingdom, and Australia. The company explores for gold ore deposits. It primarily holds interest in the Sukari Gold Mine project, which covers an area of 160 square kilometers located in the south-easterly region of the Eastern Desert, Egypt.
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