Centamin (TSE:CEE) Sets New 12-Month High at $2.61

Centamin plc (TSE:CEE)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$2.61 and last traded at C$2.61, with a volume of 57262 shares changing hands. The stock had previously closed at C$2.13.

Centamin Price Performance

The company has a debt-to-equity ratio of 0.29, a current ratio of 3.44 and a quick ratio of 2.09. The company has a 50-day moving average price of C$2.21 and a 200-day moving average price of C$2.08. The firm has a market capitalization of C$3.05 billion, a PE ratio of 26.50, a P/E/G ratio of 0.85 and a beta of 0.56.

Centamin Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 27th will be given a $0.031 dividend. This is an increase from Centamin’s previous Semi-Annual dividend of $0.03. This represents a dividend yield of 0.93%. The ex-dividend date is Friday, August 30th. Centamin’s dividend payout ratio is currently 60.00%.

About Centamin

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.