Zacks Investment Research lowered shares of Centamin Plc (OTCMKTS:CELTF) from a hold rating to a sell rating in a report issued on Tuesday morning.

According to Zacks, “Centamin plc is a mineral exploration development and mining company. It engages in the exploration, mining and development of mineral properties primarily in Egypt, Ethiopia, the United Kingdom and Australia. The company’s current projects include Sukari old Mines and focuses on the Arabian-Nubian Shield. Centamin plc is headquartered in Saint Helier, Jersey. “

Shares of Centamin Plc (OTCMKTS CELTF) opened at 1.9211 on Tuesday. Centamin Plc has a 52-week low of $1.39 and a 52-week high of $2.40. The stock has a market cap of $2.21 billion, a price-to-earnings ratio of 0.3468 and a beta of 0.36. The stock’s 50 day moving average is $2.05 and its 200 day moving average is $2.12.

Centamin Plc (OTCMKTS:CELTF) last announced its quarterly earnings data on Thursday, August 3rd. The basic materials company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $151.28 million for the quarter, compared to the consensus estimate of $156.84 million. Centamin Plc had a net margin of 19.57% and a return on equity of 11.50%.

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The business also recently declared a Semi-Annual dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 1st will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Wednesday, August 30th. Centamin Plc’s dividend payout ratio is currently 245.48%.

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