Centamin plc (LON:CEY) Insider Martin Horgan Sells 95,783 Shares

Centamin plc (LON:CEY - Get Free Report) insider Martin Horgan sold 95,783 shares of the business's stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of GBX 123 ($1.55), for a total transaction of £117,813.09 ($147,987.80).

Centamin Stock Performance

LON CEY traded down GBX 0.30 ($0.00) during trading hours on Wednesday, reaching GBX 120.90 ($1.52). The stock had a trading volume of 2,559,881 shares, compared to its average volume of 4,107,828. Centamin plc has a 52-week low of GBX 77.25 ($0.97) and a 52-week high of GBX 132.80 ($1.67). The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.09 and a current ratio of 3.22. The stock has a market cap of £1.40 billion, a P/E ratio of 1,998.88, a price-to-earnings-growth ratio of -1.53 and a beta of 0.60. The stock has a fifty day moving average of GBX 111.62 and a 200 day moving average of GBX 99.20.

Centamin Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 19th. Stockholders of record on Thursday, May 30th will be paid a $0.02 dividend. The ex-dividend date of this dividend is Thursday, May 30th. This represents a dividend yield of 1.48%. Centamin's payout ratio is currently 5,000.00%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 150 ($1.88) price target on shares of Centamin in a report on Thursday, April 18th.

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.