Centamin (TSE:CEE) Hits New 12-Month High – Here’s What Happened

Shares of Centamin plc (TSE:CEE) hit a new 52-week high during trading on Wednesday . The stock traded as high as C$3.15 and last traded at C$3.00, with a volume of 4300 shares. The stock had previously closed at C$3.18.

Centamin Price Performance

The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.09 and a current ratio of 3.44. The stock’s 50-day moving average is C$2.54 and its two-hundred day moving average is C$2.27. The stock has a market cap of C$3.49 billion, a PE ratio of 31.80, a PEG ratio of 0.85 and a beta of 0.56.

Centamin Increases Dividend

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