Centamin plc (TSE:CEE) Announces Dividend Increase – $0.03 Per Share

Centamin plc (TSE:CEE) declared a Semi-Annual dividend on Thursday, July 25th, Zacks reports. Stockholders of record on Friday, August 30th will be paid a dividend of 0.031 per share on Friday, September 27th. The ex-dividend date is Friday, August 30th. This is an increase from Centamin’s previous Semi-Annual dividend of $0.03.

Centamin Stock Down 7.5 %

Shares of CEE stock opened at C$2.11 on Friday. Centamin has a 52-week low of C$1.31 and a 52-week high of C$2.36. The stock has a market cap of C$2.45 billion, a price-to-earnings ratio of 19.18, a PEG ratio of 0.85 and a beta of 0.58. The firm’s 50-day moving average is C$2.13 and its 200-day moving average is C$1.93. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.09 and a current ratio of 3.22.

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.