LON:CEY

Centamin (CEY) Share Forecast, Price & News

GBX 97.50

-1.20 (-1.22%)

(As of 06/8/2023 ET)

Compare

Today's Range: 96.65
▼
99.39
50-Day Range: 18.58
▼
111.12
52-Week Range: 74.18
▼
127.60

Volume: 3.83 million shs
Average Volume: 5.69 million shs
Market Capitalization: £1.13 billion

P/E Ratio: 1,950.00
Dividend Yield: 4.10%
Price Target: GBX 143.33

Profile Analyst Ratings Chart Competitors Dividend Insider Trades Headlines

Centamin MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 47.0% Upside
GBX 143.33 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.75
Based on 3 Articles This Week
Insider Trading: Balanced
Insiders Both Buying and Selling
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Centamin has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 143.33, Centamin has a forecasted upside of 47.0% from its current price of GBX 97.50.
Amount of Analyst Coverage
Centamin has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CEY.

1.7

Dividend Strength

Dividend Leadership
Centamin is a leading dividend payer. It pays a dividend yield of 4.30%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Centamin does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Centamin is 8,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CEY.

1.3

News and Social Media Coverage

News Sentiment
Centamin has a news sentiment score of -0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Centamin this week, compared to 1 article on an average week.
MarketBeat Follows
6 people have added Centamin to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Centamin insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought £152,797.14 in company stock and sold £173,226.24 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.
Percentage Held by Insiders
Only 0.14% of the stock of Centamin is held by insiders.
Percentage Held by Institutions
73.97% of the stock of Centamin is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Centamin is 1,950.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 136.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of Centamin is 1,950.00, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.37.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Centamin, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Centamin has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Centamin (LON:CEY) Stock

Centamin plc engages in the exploration, mining, and development of precious metals in Egypt, Burkina Faso, Côte d'Ivoire, Jersey, the United Kingdom, and Australia. The company explores for gold deposits. 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. The company was incorporated in 2011 and is headquartered in Saint Helier, Jersey.

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CEY Stock News Headlines

June 8, 2023 | americanbankingnews.com

Insider Selling: Centamin plc (LON:CEY) Insider Sells 174,976 Shares of Stock

June 4, 2023 | finance.yahoo.com

Investors in Centamin (LON:CEY) have unfortunately lost 19% over the last three years

June 8, 2023 | Behind the Markets (Ad)

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May 23, 2023 | juniorminingnetwork.com

Centamin Announces Result of AGM

May 21, 2023 | finance.yahoo.com

Are Investors Undervaluing Centamin plc (LON:CEY) By 43%?

May 6, 2023 | finance.yahoo.com

Centamin (LON:CEY) Has Some Difficulty Using Its Capital Effectively

May 5, 2023 | americanbankingnews.com

Centamin (LON:CEY) Receives "Buy" Rating from Berenberg Bank

April 24, 2023 | americanbankingnews.com

Berenberg Bank Boosts Centamin (LON:CEY) Price Target to GBX 145

June 8, 2023 | Legacy Research (Affiliate) (Ad)

“One-Stock Millionaire” IGNORES 99.9% of the Market

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April 22, 2023 | finance.yahoo.com

Centamin plc (LON:CEY) insiders are undoubtedly delighted they bought last year with gains to date at US$44k

April 15, 2023 | msn.com

RBC Capital Markets Reiterates Centamin (LSE:CEY) Outperform Recommendation

April 14, 2023 | americanbankingnews.com

Centamin (LON:CEY) Price Target Raised to GBX 135 at Royal Bank of Canada

April 8, 2023 | finance.yahoo.com

Centamin plc's (LON:CEY) high institutional ownership speaks for itself as stock continues to impress, up 4.7% over last week

April 3, 2023 | finance.yahoo.com

Centamin PLC Announces Additional Listing

March 30, 2023 | finance.yahoo.com

Centamin PLC Announces Centamin's Decarbonisation Roadmap to 2030

March 30, 2023 | finance.yahoo.com

Centamin PLC Announces 2022 Annual Report and Notice of AGM

March 26, 2023 | americanbankingnews.com

Ross Jerrard Purchases 52,490 Shares of Centamin plc (LON:CEY) Stock

March 25, 2023 | finance.yahoo.com

Centamin Full Year 2022 Earnings: EPS Misses Expectations

March 22, 2023 | americanbankingnews.com

Insider Buying: Centamin plc (LON:CEY) Insider Acquires 99,314 Shares of Stock

March 18, 2023 | uk.finance.yahoo.com

Why Centamin is my best penny stock

March 17, 2023 | finance.yahoo.com

Declining Stock and Decent Financials: Is The Market Wrong About Centamin plc (LON:CEY)?

December 22, 2022 | finance.yahoo.com

Centamin (LON:CEY) shareholders notch a 39% return over 1 year, yet earnings have been shrinking

December 7, 2022 | finance.yahoo.com

Centamin plc (LON:CEY) Shares Could Be 37% Below Their Intrinsic Value Estimate

November 23, 2022 | finance.yahoo.com

Centamin (LON:CEY) Will Be Looking To Turn Around Its Returns

November 9, 2022 | finance.yahoo.com

Insiders who bought Centamin plc (LON:CEY) last year must be regretting not buying more as market cap hits UK£1.1b

October 26, 2022 | uk.finance.yahoo.com

2 cheap UK shares I’d buy in November

October 23, 2022 | finance.yahoo.com

A great week that adds to Centamin plc's (LON:CEY) one-year returns, institutional investors who own 57% must be happy

See More Headlines

CEY Price History

30 days | 90 days | 365 days | Advanced Chart

CEY Company Calendar

Ex-Dividend for 6/23 Dividend: 6/01/2023
Today: 6/08/2023
Dividend Payable: 6/23/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Gold
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: LON:CEY
CUSIP: N/A
CIK: N/A
Web: www.centamin.com
Phone: +44-1534-828700
Fax: N/A
Employees: 4,388
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 143.33
High Stock Price Forecast: GBX 150
Low Stock Price Forecast: GBX 135
Forecasted Upside/Downside: +47.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.05
Trailing P/E Ratio: 1,950.00
Forward P/E Ratio: 12.17
P/E Growth: -1.53
Net Income: £72.49 million
Net Margins: 9.19%
Pretax Margin: N/A
Return on Equity: 12.98%
Return on Assets: 7.14%

Debt

Debt-to-Equity Ratio: 0.48
Current Ratio: 2.78
Quick Ratio: 2.09

Sales & Book Value

Annual Sales: £788.42 million
Price / Sales: 1.43
Cash Flow: GBX 10.03 per share
Price / Cash Flow: 9.72
Book Value: GBX 114 per share
Price / Book: 0.86

Miscellaneous

Outstanding Shares: 1,160,000,000
Free Float: N/A
Market Cap: £1.13 billion
Optionable: Not Optionable
Beta: 0.53

Key Executives

Mr. Martin Horgan (Age 48)
CEO & Exec. Director
Comp: $1.36M

Mr. Ross Ian Jerrard (Age 47)
CFO & Exec. Director
Comp: $1.22M

Mr. Riaan Nel
Group Financial Controller & Group Accountant

Ms. Alexandra Barter-Carse
Head of Investor Relations & Head of Corp. Communications

Mr. Craig Murray
Head of Risk

Howard Bills
Head of Exploration

Paul Cannon
Head of Environmental, Social and Governance

Amr Mohamed Ahmed Hassouna
Country Mang. (Egypt)

Mr. Darren Le Masurier
Group Company Sec.

Mr. Terence Smith
Gen. Mang. of Sukari Operations

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CEY Stock - Frequently Asked Questions

Should I buy or sell Centamin stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centamin in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CEY shares.
View CEY analyst ratings or view top-rated stocks.
What is Centamin's stock price forecast for 2023?: 3 Wall Street research analysts have issued 1-year price targets for Centamin's stock. Their CEY share price forecasts range from GBX 135 to GBX 150. On average, they predict the company's share price to reach GBX 143.33 in the next twelve months. This suggests a possible upside of 47.0% from the stock's current price.
View analysts price targets for CEY or view top-rated stocks among Wall Street analysts.
How have CEY shares performed in 2023?: Centamin's stock was trading at GBX 112.90 at the beginning of 2023. Since then, CEY stock has decreased by 13.6% and is now trading at GBX 97.50.
View the best growth stocks for 2023 here.
How often does Centamin pay dividends? What is the dividend yield for Centamin?: Centamin announced a dividend on Thursday, March 16th. Shareholders of record on Thursday, June 1st will be given a dividend of GBX 0.03 per share on Friday, June 23rd. This represents a dividend yield of 1.94%. The ex-dividend date of this dividend is Thursday, June 1st. The official announcement can be viewed at this link.
Read our dividend analysis for CEY.
Is Centamin a good dividend stock?: Centamin (LON:CEY) pays an annual dividend of GBX 4 per share and currently has a dividend yield of 4.30%. CEY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 8,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CEY.
What other stocks do shareholders of Centamin own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Centamin investors own include Playtech (PTEC), EnQuest (ENQ), Quilter (QLT), Glencore (GLEN), Petrofac (PFC), Tesco (TSCO), Oxford Biomedica (OXB), Lloyds Banking Group (LLOY), Best of the Best (BOTB) and Tullow Oil (TLW).

What is Centamin's stock symbol?: Centamin trades on the London Stock Exchange (LON) under the ticker symbol "CEY."
How do I buy shares of Centamin?: Shares of CEY stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.
What is Centamin's stock price today?: One share of CEY stock can currently be purchased for approximately GBX 97.50.
How much money does Centamin make?: Centamin (LON:CEY) has a market capitalization of £1.13 billion and generates £788.42 million in revenue each year. The mining company earns £72.49 million in net income (profit) each year or GBX 0.05 on an earnings per share basis.
How many employees does Centamin have?: The company employs 4,388 workers across the globe.
How can I contact Centamin?: Centamin's mailing address is Level 2, 2 Mulcaster Street, SAINT HELIER, JE2 3NJ, Jersey. The official website for the company is www.centamin.com. The mining company can be reached via phone at +44-1534-828700.

This page (LON:CEY) was last updated on 6/8/2023 by MarketBeat.com Staff

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Centamin (CEY) Share Forecast, Price & News

Centamin MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Centamin (LON:CEY) Stock

CEY Stock News Headlines

CEY Price History

CEY Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CEY Stock - Frequently Asked Questions

Overall MarketRank^™