Centamin (TSE:CEE) Hits New 12-Month High at $2.28

Centamin plc (TSE:CEE)’s stock price reached a new 52-week high on Monday . The company traded as high as C$2.28 and last traded at C$2.12, with a volume of 15500 shares trading hands. The stock had previously closed at C$2.15.

Centamin Stock Down 0.9 %

The business’s 50 day simple moving average is C$1.85 and its 200 day simple moving average is C$1.66. The company has a market capitalization of C$2.44 billion, a PE ratio of 19.09, a price-to-earnings-growth ratio of 0.85 and a beta of 0.56. The company has a quick ratio of 2.09, a current ratio of 3.22 and a debt-to-equity ratio of 0.37.

Centamin Increases Dividend

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

Centamin Company Profile

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