Centamin (TSE:CEE) Trading Down 3.9% – Here’s What Happened

Shares of Centamin plc (TSE:CEEGet Free Report) dropped 3.9% on Monday . The stock traded as low as C$2.48 and last traded at C$2.48. Approximately 5,299 shares traded hands during trading, a decline of 78% from the average daily volume of 24,424 shares. The stock had previously closed at C$2.58.

Centamin Stock Performance

The company has a market capitalization of C$2.88 billion, a price-to-earnings ratio of 24.80, a price-to-earnings-growth 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 company’s fifty day simple moving average is C$2.69 and its two-hundred day simple moving average is C$2.37.

Centamin Company Profile

(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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