According to Zacks, “Centamin plc is a mineral exploration development and mining company. It engages in the exploration, mining and development of mineral properties primarily in Egypt, Ethiopia, the United Kingdom and Australia. The company’s current projects include Sukari old Mines and focuses on the Arabian-Nubian Shield. Centamin plc is headquartered in Saint Helier, Jersey. “
Several other equities research analysts have also commented on the company. Jefferies Financial Group upgraded Centamin from a hold rating to a buy rating in a research note on Monday, July 29th. Goldman Sachs Group downgraded shares of Centamin from a buy rating to a neutral rating in a report on Friday, October 18th. Finally, ValuEngine raised shares of Centamin from a strong sell rating to a sell rating in a report on Tuesday, October 15th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of $106.00.
Centamin Company Profile
Centamin Plc engages in the exploration, development and mining of precious metals. It operates through the following business segments: Egypt, Burkina Faso, Cote d’Ivoire, and Corporate. The company was founded on March 24, 1970 and is headquartered in Saint Helier, the United Kingdom.
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