Centamin (TSE:CEE) Stock Price Down 3.9% – Should You Sell?

Centamin plc (TSE:CEEGet Free Report)’s stock price was down 3.9% on Monday . The company traded as low as C$2.48 and last traded at C$2.48. Approximately 5,299 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 24,424 shares. The stock had previously closed at C$2.58.

Centamin Price Performance

The company has a debt-to-equity ratio of 0.29, a current ratio of 3.44 and a quick ratio of 2.09. The firm has a market capitalization of C$2.88 billion, a P/E ratio of 24.80, a PEG ratio of 0.85 and a beta of 0.56. The firm’s fifty day moving average price is C$2.68 and its 200-day moving average price is C$2.37.

About Centamin

(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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