Buy Centamin plc shares

CENTAMIN PLC (CEY) Shares

ABOUT CENTAMIN PLC

📊 Centamin plc specializes in the exploration, mining and development of minerals.

📊 The company’s asset portfolio includes the Sukari Gold Mine in Egypt, which delivers approximately 500 000 ounces of gold per annum and generates more than $ 63.4 million.

📊 The company also operates the Doropo Project in Côte d’Ivoire, the Archean-Birimian Contact and others. The company has a strong cash flow which enable it to purchase and operate gold projects across the globe.

📊 Centamin plc is a FTSE 250 Index constituent.

📊 The company has approximately 1 500 employees and is headquartered in Mount Pleasant, Western Australia. It also has offices located in Alexandria in Egypt and Mount Pleasant in Western Australia. 

OVERVIEW OF CENTAMIN PLC

  • The company is founded in 1970 and lists on the Australian Stock Exchange.

  • It buys Pharaoh Gold Mines in 1999 and adds the exploration of gold in Egypt to its portfolio. The operations become known as Centamin Egypt.

  • In 2005 the company is granted an exploitation lease for a 160 square kilometer area in the Egyptian desert over the Sukari Gold Project.

  • In 2007 it lists on the Toronto Stock Exchange in order to raise funds for the production and two years later the first gold is developed.

  • In 2009 the company starts trading on the London Stock Exchange. In 2010 it ends its trade on the Australian Stock Exchange.

  • It is renamed Centamin plc in 2011.

  • During the next few years the company achieves impressive growth and expands its portfolio to other locations across the globe.

VISION & VALUES OF CENTAMIN PLC

  • Centamin plc values its shareholders, customers, employees, environment and surrounding communities.

  • Employees are handled with respect and a safe and healthy work environment is provided. To uphold the health and safety standards, employees are provided with the necessary training.

  • The company pursues value for its shareholders and customer are offered high quality products and services. Centamin acts with integrity and ethical values.

  • The company operates sustainably and responsibly. High standards are maintained, especially with its sustainability performance.

  • All legal requirement are followed. The company supports the communities from which it operates and contributes to projects that improve education, health and overall living standards.

  • Centamin encourages the protection of the environment and educate its employees and surrounding communities in how to minimize environmental footprints.

  • The company implements environmental management practices to minimize its operations’ risks and impacts.

MARKET PERFORMANCE OF CENTAMIN PLC

  • Centamin plc trades on the Financial Times Stock Exchange under the FTSE stock symbol “CEY”.

  • Data analysis for the company’s annual report for 2018 shows a revenue of $ 603 million.

  • EBITDA is $ 258 million. Profit after tax is $ 153 million. Cash and liquid assets are $ 153 million. Total dividends for the reported period are $ 63.5 million.

  • Potential investors can buy affordably prices shares now.

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