Centamin (TSE:CEE) Shares Cross Below 200-Day Moving Average of $1.86

Centamin PLC (TSE:CEE)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.86 and traded as low as $1.89. Centamin shares last traded at $1.89, with a volume of 100 shares changing hands.

Separately, Royal Bank of Canada restated a “sector perform” rating on shares of Centamin in a research report on Monday, October 7th.

The stock has a market cap of $2.15 billion and a PE ratio of 41.09. The stock has a 50-day moving average price of C$2.04 and a two-hundred day moving average price of C$1.86.

The company also recently disclosed a dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 27th were given a dividend of $0.04 per share. This is a positive change from Centamin’s previous dividend of $0.03. The ex-dividend date of this dividend was Thursday, August 29th. This represents a dividend yield of 1.95%. Centamin’s dividend payout ratio (DPR) is presently 119.57%.

Centamin Company Profile (TSE:CEE)

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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