Royal Bank Of Canada Reaffirms “Sector Perform” Rating for Centamin PLC (CEE)

Royal Bank Of Canada restated their sector perform rating on shares of Centamin PLC (TSE:CEE) in a report published on Friday morning, reports.

Shares of Centamin PLC (TSE:CEE) opened at 2.54 on Friday. Centamin PLC has a one year low of $1.19 and a one year high of $3.05. The stock’s 50 day moving average is $2.63 and its 200-day moving average is $2.32. The firm has a market cap of $2.93 billion and a P/E ratio of 25.15.

About Centamin PLC

Centamin plc (Centamin) is a mineral exploration, development and mining company. The Company operates in Egypt, Ethiopia, the United Kingdom and Australia. The Company’s segment is the business of exploration and mining of precious metals. The Company’s principal asset is the Sukari Gold Mine, which is jointly owned by the Company’s subsidiary, Pharaoh Gold Mines NL (PGM), and Egyptian Mineral Resource Authority (EMRA) on approximately 50% equal basis.

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