Panmure Gordon reaffirmed their buy rating on shares of Centamin PLC (LON:CEY) in a research note published on Thursday. Panmure Gordon currently has a GBX 180 ($2.37) price target on the mining company’s stock.

A number of other research analysts have also recently weighed in on the stock. BNP Paribas started coverage on shares of Centamin PLC in a research note on Thursday, May 18th. They set an outperform rating and a GBX 210 ($2.77) target price on the stock. Canaccord Genuity restated a buy rating and set a GBX 165 ($2.18) target price on shares of Centamin PLC in a research note on Monday, July 10th. Numis Securities Ltd restated a hold rating on shares of Centamin PLC in a research note on Thursday, May 4th. Macquarie lifted their target price on shares of Centamin PLC from GBX 180 ($2.37) to GBX 200 ($2.64) and gave the company an outperform rating in a research note on Thursday, June 8th. Finally, Investec restated a buy rating and set a GBX 185 ($2.44) target price on shares of Centamin PLC in a research note on Monday, June 12th. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Centamin PLC currently has an average rating of Buy and a consensus price target of GBX 182.86 ($2.41).

Shares of Centamin PLC (LON:CEY) opened at 155.20 on Thursday. The stock’s market cap is GBX 1.79 billion. Centamin PLC has a 12 month low of GBX 114.60 and a 12 month high of GBX 193.90. The company has a 50 day moving average price of GBX 161.28 and a 200-day moving average price of GBX 167.15.

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In related news, insider Trevor Stanley Schultz purchased 2,600 shares of the firm’s stock in a transaction on Tuesday, May 9th. The shares were acquired at an average price of GBX 154 ($2.03) per share, for a total transaction of £4,004 ($5,281.63). Also, insider Andrew Pardey sold 33,333 shares of the business’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of GBX 168 ($2.22), for a total transaction of £55,999.44 ($73,868.14). In the last quarter, insiders sold 10,383,333 shares of company stock worth $1,817,549,944.

Centamin PLC Company Profile

Centamin plc is a mineral exploration, development and mining company. The Company is engaged in the business of exploration and production of precious metals. It operates in Australia, Jersey, Egypt, Burkina Faso and Cote d’Ivoire. Its principal asset, the Sukari Gold Mine (SGM), is located in the Eastern Desert, approximately 900 kilometers from Cairo and 25 kilometers from the Red Sea.

Analyst Recommendations for Centamin PLC (LON:CEY)

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