Analyst Explains Why They Upgraded Their Rating on Centamin (CELTF)


Centamin (CELTF) received a Buy rating and a p146.00 price target from Berenberg Bank analyst Jonathan Guy today. The company’s shares closed last Thursday at $1.64.

According to TipRanks.com, Guy is a 1-star analyst with an average return of -7.8% and a 18.2% success rate. Guy covers the Basic Materials sector, focusing on stocks such as Galiano Gold, Yamana Gold, and FRESNILLO.

Centamin has an analyst consensus of Moderate Buy, with a price target consensus of $1.94.

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The company has a one-year high of $3.07 and a one-year low of $1.07. Currently, Centamin has an average volume of 28.99K.

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Centamin Plc engages in the exploration, development and mining of precious metals. It operates through the following business segments: Egypt, Burkina Faso, Cote d’Ivoire, and Corporate. The company was founded on March 24, 1970 and is headquartered in Saint Helier, the United Kingdom.

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