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Centamin

Current Price 154.91p Bid 154.85p Ask 155.05p Change 0.52%
Last Updated: 24/02/2018 16:01. Prices delayed by at least 15 minutes.
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Company Overview

Centamin Egypt Limited is a mineral exploration development and mining company dual listed on the Main Market of the London Stock Exchange and the Toronto Stock Exchange. It is a rapidly growing gold producer with its flagship project, the Sukari Gold Mine, located in the Eastern Desert of Egypt some 25km from the Red Sea coast. Gold production at Sukari commenced in June 2009 making Sukari the first modern mine in Egypt, a country which in ancient times was a prolific producer of the yellow metal. In 2010 the mine is scheduled to produce 200,000 ounces of gold at lower quartile cash costs per ounce. With a resource of 10.99 million ounces Measured and Indicated, and 3.5 million ounces Inferred, and a 7.1 million ounce reserve base, the Company is implementing a rapid expansion program to increase production to circa 500,000 oz per year over the next three years. As the first and only significant developer of a modern mine in the country, the Company remains well positioned to realize further opportunities in other areas within its concession and expand into other prospective mineralized zones. The Company's unhedged and debt free position, coupled with a growing resource and reserve base in a relatively unexplored region, positions it to grow and deliver superior results to its shareholders as well as its stakeholders.

Financial Highlights Year Ended 31/12/2017

Turnover
£675.51m
Operating Profit
£221.37m
Dividend Yield
8.11
Dividend Per Share
12.50
Dividend Cover
0.76
P/E Ratio
16.21

Key Personnel

Ross Jerrard
Chief Financial Officer
Josef El-Raghy
Executive Chairman
Mark Richard Arnesen
Non-Executive Director
Mark Anthony Lodge Bankes
Non-Executive Director
Gordon Edward Haslam
Non-Executive Director
Trevor Stanley Schultz
Non-Executive Director
Alison Baker
Non-Executive Director

Stock Details

EPIC
CEY
ISIN
JE00B5TT1872
Shares in Issue
1,152,107,984
Market cap
£1,775.97m
Sector

Analyst Views (5)

Strong Buy
 
60.00%
Buy
 
40.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
155.05p
Bid Price
154.85p
Ask Price
155.05p
Volume
5517903
Change Today
0.80p
% Change Today
0.52%
Open
154.75p
Previous Close
155.05p
Intraday High
156.50p
Intraday Low
153.85p
52 Week High
193.90p
52 Week Low
130.60p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Centamin Intra-day Chart

Centamin News

News in this section is provided by MoneyAM

Centamin director Trevor Schultz to retire 19 Feb 2018 | 13:46 Centamin gold production exceeds guidance but pre-tax profits fall 31 Jan 2018 | 07:48 Broker Forecast - Numis issues a broker note on Centamin PLC 11 Jan 2018 | 09:20 Centamin FY output exceeds guidance 10 Jan 2018 | 07:20 Centamin appoints new corporate broker 12 Dec 2017 | 13:49 Centamin gold output at record levels in Q3 02 Nov 2017 | 09:20 Broker Forecast - Jefferies International issues a broker note on Centamin PLC 19 Oct 2017 | 09:20 Broker Forecast - Goldman Sachs issues a broker note on Centamin PLC 10 Oct 2017 | 10:50 Strong pound and weak miners punish FTSE 09 Oct 2017 | 16:51 Miners weigh on FTSE 09 Oct 2017 | 11:52 Centamin achieves new quarterly output record 09 Oct 2017 | 07:05 Broker Forecast - Numis issues a broker note on Centamin PLC 25 Sep 2017 | 12:00 Broker Forecast - Numis issues a broker note on Centamin PLC 04 Aug 2017 | 10:00 Broker Forecast - Panmure Gordon issues a broker note on Centamin PLC 03 Aug 2017 | 10:30 Broker Forecast - Numis issues a broker note on Centamin PLC 11 Jul 2017 | 12:20 Centamin maintains FY guidance 10 Jul 2017 | 09:59 Director Deals - Centamin PLC (CEY) 14 Jun 2017 | 11:25 Director Deals - Centamin PLC (CEY) 08 Jun 2017 | 15:30 Director Deals - Centamin PLC (CEY) 06 Jun 2017 | 15:00 Director Deals - Centamin PLC (CEY) 06 Jun 2017 | 15:00 Director Deals - Centamin PLC (CEY) 06 Jun 2017 | 15:00 Broker Forecast - Exane BNP Paribas issues a broker note on Centamin PLC 18 May 2017 | 11:40 Director Deals - Centamin PLC (CEY) 15 May 2017 | 10:10 Broker Forecast - Panmure Gordon issues a broker note on Centamin PLC 08 May 2017 | 14:10 Centamin earnings fall 03 May 2017 | 08:21 FLASH: Centamin earnings fall 03 May 2017 | 07:07 Broker Forecast - Goldman Sachs issues a broker note on Centamin PLC 24 Apr 2017 | 11:40 Broker Forecast - Jefferies International issues a broker note on Centamin PLC 18 Apr 2017 | 11:20 Centamin shareholders vote against reappointment of Schultz 21 Mar 2017 | 13:52 Director Deals - Centamin PLC (CEY) 01 Mar 2017 | 09:50

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Tangible Assets
851.1
868.9
Intangible Assets & Goodwill
168.8
153.9
Investments & Other Non-Current Assets
0.1
0.4
Total Non-Current Assets
1,020.0
1,023.2
Inventory
105.2
136.6
Trade & Receivables
34.5
24.9
Cash & Receivables
359.7
399.9
Other Current Assets & Assets Held for Resale
9.9
2.2
Total Assets
1,529.3
1,586.7

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Short Term Liabilities
66.4
54.5
Long Term Liabilities
11.0
7.7
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
77.3
62.2

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Net Assets
1,452.0
1,524.5

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Share Capital
668.7
667.5
Minority Interests
0.0
0.0
Retained Earnings
778.9
854.0
Share Premium Account
0.0
0.0
Other Equity
4.3
3.1
Total Equity
1,452.0
1,524.5

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Cashflow from Operating Activities
358.8
366.3
Cashflow Before Financing
254.1
260.5
Increase / Decrease in Cash
-42.0
196.0

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Turnover
675.5
687.4
Cost of Sales
414.3
389.3
Gross Profit
261.2
298.1
Operating Profit
221.4
265.9
Pre-Tax Profit
224.1
266.8
Profit / Loss for the Year
109.4
214.8

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
H2 Dividend
22 Mar 2018
06 Apr 2018
H1 Dividend
31 Aug 2017
29 Sep 2017
H2 Dividend
02 Mar 2017
31 Mar 2017
H1 Dividend
08 Sep 2016
07 Oct 2016
H2 Dividend
21 Apr 2016
27 May 2016
H1 Dividend
03 Sep 2015
09 Oct 2015
H2 Dividend
23 Apr 2015
29 May 2015
H1 Dividend
03 Sep 2014
03 Oct 2014
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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