Centamin plc (OTCMKTS:CELTF – Get Rating) – Stock analysts at Jefferies Financial Group upped their FY2022 earnings per share (EPS) estimates for Centamin in a report issued on Wednesday, July 20th. Jefferies Financial Group analyst A. Spence now expects that the basic materials company will earn $0.12 per share for the year, up from their previous forecast of $0.11. The consensus estimate for Centamin’s current full-year earnings is $0.12 per share.
Separately, Royal Bank of Canada reiterated a “buy” rating and set a $140.00 price objective on shares of Centamin in a research note on Wednesday, April 20th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.00.
Centamin Price Performance
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.
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