Centamin plc (OTCMKTS:CELTF) Short Interest Update

Centamin plc (OTCMKTS:CELTF) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 235,700 shares, a decline of 57.1% from the August 15th total of 550,000 shares. Based on an average daily volume of 6,600 shares, the short-interest ratio is currently 35.7 days.

Centamin Stock Performance

Shares of OTCMKTS CELTF traded up $0.08 during trading hours on Friday, hitting $2.02. 45,575 shares of the company traded hands, compared to its average volume of 12,123. Centamin has a 12 month low of $0.95 and a 12 month high of $2.03. The company’s 50 day moving average price is $1.64 and its 200 day moving average price is $1.53.

Centamin Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 27th. Investors of record on Friday, August 30th will be issued a dividend of $0.0225 per share. This is a positive change from Centamin’s previous dividend of $0.02. The ex-dividend date of this dividend is Friday, August 30th.

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.