FY2018 EPS Estimates for Centamin Plc Raised by Jefferies Group (CELTF)

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 (OTCMKTS CELTF) opened at $2.20 on Monday. The company has a market cap of $2,534.64, a price-to-earnings ratio of 14.67 and a beta of 0.39. Centamin has a 52-week low of $1.70 and a 52-week high of $2.40.

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Centamin Company Profile

Centamin plc, together with its subsidiaries, engages in the exploration, mining, and development of precious metals in Egypt, Burkina Faso, Côte d’Ivoire, 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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