Centamin plc (OTCMKTS:CELTF) Sees Significant Growth in Short Interest

Centamin plc (OTCMKTS:CELTFGet Free Report) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 483,900 shares, a growth of 55.7% from the May 31st total of 310,800 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 439.9 days.

Centamin Price Performance

Shares of Centamin stock traded down $0.06 during midday trading on Friday, reaching $1.50. The company had a trading volume of 2,200 shares, compared to its average volume of 1,187. The stock has a fifty day moving average price of $1.53 and a 200 day moving average price of $1.37. Centamin has a fifty-two week low of $0.95 and a fifty-two week high of $1.64.

Centamin Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 19th. Stockholders of record on Friday, May 31st were given a dividend of $0.02 per share. The ex-dividend date was Friday, May 31st.

About Centamin

(Get Free Report)

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.

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