Centamin (TSE:CEE) Sets New 1-Year High at $2.16

Centamin plc (TSE:CEE) hit a new 52-week high on Tuesday . The company traded as high as C$2.16 and last traded at C$2.15, with a volume of 25067 shares traded. The stock had previously closed at C$2.10.

Centamin Stock Performance

The company has a market capitalization of C$2.47 billion, a PE ratio of 19.36, a price-to-earnings-growth ratio of 0.85 and a beta of 0.56. The business’s fifty day moving average is C$1.74 and its two-hundred day moving average is C$1.61. The company has a current ratio of 3.22, a quick ratio of 2.09 and a debt-to-equity ratio of 0.37.

Centamin Increases Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Wednesday, June 19th. Shareholders of record on Friday, May 31st will be given a $0.027 dividend. The ex-dividend date is Thursday, May 30th. This is an increase from Centamin’s previous Semi-Annual dividend of $0.03. Centamin’s payout ratio is 45.45%.

About Centamin

Centamin plc, together with its subsidiaries, engages in the exploration, mining, and development of gold and precious metals in Egypt, Burkina Faso, Côte d'Ivoire, Jersey, the United Kingdom, and Australia. Its principal asset is the Sukari Gold Mine project, which covers an area of approximately 160 square kilometers located in the Eastern Desert of Egypt.