Can Centamin PLC’s Tomorrow Be Different? The Stock Increases Again

 Can Centamin PLC's Tomorrow Be Different? The Stock Increases Again

The stock of Centamin PLC (LON:CEY) is a huge mover today! The stock decreased 2.93% or GBX 4 on November 22, hitting GBX 132.5. About 7.22M shares traded hands or 132.90% up from the average. Centamin PLC (LON:CEY) has risen 29.14% since April 25, 2016 and is uptrending. It has outperformed by 24.58% the S&P500.
The move comes after 7 months positive chart setup for the GBX 1.54B company. It was reported on Nov, 22 by Barchart.com. We have GBX 139.13 PT which if reached, will make LON:CEY worth GBX 77.00M more.

Centamin PLC (LON:CEY) Ratings Coverage

Out of 12 analysts covering Centamin PLC (LON:CEY), 7 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 58% are positive. Centamin PLC has been the topic of 75 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Panmure Gordon given on Wednesday, August 12. Panmure Gordon maintained it with “Buy” rating and GBX 145 target price in Thursday, July 7 report. The firm has “Hold” rating given on Thursday, August 11 by Jefferies. Macquarie Research maintained the stock with “Outperform” rating in Monday, November 16 report. As per Friday, September 2, the company rating was maintained by Investec. The stock of Centamin PLC (LON:CEY) has “Hold” rating given on Thursday, July 23 by Numis Securities. The stock of Centamin PLC (LON:CEY) earned “Hold” rating by Numis Securities on Sunday, October 4. The company was maintained on Thursday, September 24 by Macquarie Research. On Thursday, June 16 the stock rating was maintained by Goldman Sachs with “Buy”. On Tuesday, January 26 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.

Another recent and important Centamin PLC (LON:CEY) 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 1.54 billion GBP. The Firm operates in Egypt, Ethiopia, the United Kingdom and Australia. It has a 9.25 P/E ratio. The Company’s segment is the business of exploration and mining of precious metals.

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