Shares of Centamin PLC (LON:CEY) have earned a consensus rating of “Buy” from the eleven ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 186.25 ($2.53).
Several equities research analysts recently issued reports on CEY shares. Shore Capital restated a “not rated” rating on shares of Centamin in a research report on Monday, October 9th. Goldman Sachs Group reissued a “conviction-buy” rating and set a GBX 210 ($2.85) target price on shares of Centamin in a research report on Tuesday, October 10th. Jefferies Group dropped their target price on shares of Centamin from GBX 170 ($2.31) to GBX 155 ($2.10) and set a “hold” rating for the company in a research report on Thursday, October 19th. Panmure Gordon reissued a “buy” rating on shares of Centamin in a research report on Thursday, November 2nd. Finally, Shore Capital Group reissued a “not rated” rating on shares of Centamin in a research report on Thursday, November 2nd.
Centamin (LON:CEY) traded up GBX 0.70 ($0.01) on Friday, reaching GBX 161 ($2.18). 6,370,000 shares of the company’s stock traded hands, compared to its average volume of 5,130,000. The stock has a market capitalization of $1,850.00 and a P/E ratio of 2,683.33. Centamin has a fifty-two week low of GBX 130.60 ($1.77) and a fifty-two week high of GBX 193.90 ($2.63).
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Centamin Company Profile
Centamin plc is a mineral exploration, development and mining company. The Company is engaged in the business of exploration and production of precious metals. It operates in Australia, Jersey, Egypt, Burkina Faso and Cote d’Ivoire. Its principal asset, the Sukari Gold Mine (SGM), is located in the Eastern Desert, approximately 900 kilometers from Cairo and 25 kilometers from the Red Sea.
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