Centamin (TSE:CEE) Sets New 52-Week High at $2.79

Centamin plc (TSE:CEE)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$2.79 and last traded at C$2.78, with a volume of 8265 shares trading hands. The stock had previously closed at C$2.80.

Centamin Stock Down 2.2 %

The company has a quick ratio of 2.09, a current ratio of 3.44 and a debt-to-equity ratio of 0.29. The firm has a 50 day simple moving average of C$2.27 and a 200-day simple moving average of C$2.12. The stock has a market cap of C$3.10 billion, a P/E ratio of 26.70, a price-to-earnings-growth ratio of 0.85 and a beta of 0.56.

Centamin Increases Dividend

The company also recently announced a Semi-Annual dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 27th will be paid a dividend of $0.031 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a dividend yield of 0.93%. This is a positive change from Centamin’s previous Semi-Annual dividend of $0.03. Centamin’s dividend payout ratio (DPR) is 60.00%.

Centamin Company Profile

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.