Centamin (OTCMKTS:CELTF) Reaches New 1-Year High – Time to Buy?

Centamin plc (OTCMKTS:CELTFGet Free Report) shares reached a new 52-week high on Friday . The stock traded as high as $2.27 and last traded at $2.13, with a volume of 15300 shares traded. The stock had previously closed at $2.04.

Centamin Price Performance

The company’s fifty day moving average price is $1.85 and its two-hundred day moving average price is $1.66.

Centamin Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, August 30th were issued a $0.0225 dividend. This is a positive change from Centamin’s previous dividend of $0.02. The ex-dividend date was Friday, August 30th.

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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