Could Centamin PLC Change Direction After Today’s Huge Increase?

 Could Centamin PLC Change Direction After Today's Huge Increase?

The stock of Centamin PLC (TSE:CEE) is a huge mover today! About 171,889 shares traded hands or 770.37% up from the average. Centamin PLC (TSE:CEE) has risen 47.06% since April 5, 2016 and is uptrending. It has outperformed by 42.28% the S&P500.
The move comes after 9 months positive chart setup for the $2.88B company. It was reported on Nov, 9 by Barchart.com. We have $3.89 PT which if reached, will make TSE:CEE worth $1.24 billion more.

More news for Centamin PLC (TSE:CEE) were recently published by: Marketwired.com, which released: “Centamin plc Results for the Third Quarter and Nine Months Ended 30 September 2016” on October 31, 2016. Fool.Co.Uk‘s article titled: “Can 2016 winners Centamin plc (+145%), Anglo American plc (+149%) and Lonmin …” and published on July 08, 2016 is yet another important article.

Centamin plc is a mineral exploration, development and mining company. The company has a market cap of $2.88 billion. The Firm operates in Egypt, Ethiopia, the United Kingdom and Australia. It has a 0.38 P/E ratio. The Company’s segment is the business of exploration and mining of precious metals.

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