What’s Next for Centamin PLC After Today’s Huge Decline?

 What's Next for Centamin PLC After Today's Huge Decline?

The stock of Centamin PLC (TSE:CEE) is a huge mover today! About 42,700 shares traded hands or 53.01% up from the average. Centamin PLC (TSE:CEE) has risen 38.38% since April 7, 2016 and is uptrending. It has outperformed by 32.23% the S&P500.
The move comes after 6 months negative chart setup for the $2.95B company. It was reported on Nov, 11 by Barchart.com. We have $2.18 PT which if reached, will make TSE:CEE worth $265.50 million less.

Another recent and important Centamin PLC (TSE:CEE) news was published by Marketwired.com which published an article titled: “Centamin plc Results for the Third Quarter and Nine Months Ended 30 September 2016” on October 31, 2016.

Centamin plc is a mineral exploration, development and mining company. The company has a market cap of $2.95 billion. The Firm operates in Egypt, Ethiopia, the United Kingdom and Australia. It has a 0.33 P/E ratio. The Company’s segment is the business of exploration and mining of precious metals.

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