Centamin (TSE:CEE) Sets New 52-Week High at $2.61

Centamin plc (TSE:CEE) shares reached a new 52-week high on Tuesday . The company traded as high as C$2.61 and last traded at C$2.61, with a volume of 57262 shares changing hands. The stock had previously closed at C$2.13.

Centamin Stock Up 23.0 %

The firm has a market capitalization of C$3.04 billion, a P/E ratio of 26.20, a PEG ratio of 0.85 and a beta of 0.56. 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 has a 50 day moving average of C$2.20 and a 200-day moving average of C$2.07.

Centamin Increases Dividend

The company also recently disclosed a Semi-Annual dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 27th will be issued a $0.031 dividend. This is a boost from Centamin’s previous Semi-Annual dividend of $0.03. This represents a dividend yield of 0.93%. The ex-dividend date is Friday, August 30th. Centamin’s dividend payout ratio is presently 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.