Centamin (TSE:CEE) Share Price Passes Below Two Hundred Day Moving Average of $1.45

Shares of Centamin plc (TSE:CEEGet Rating) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$1.45 and traded as low as C$1.28. Centamin shares last traded at C$1.30, with a volume of 5,207 shares changing hands.

Centamin Trading Up 0.8 %

The stock has a market capitalization of C$1.50 billion and a price-to-earnings ratio of 11.82. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.68 and a quick ratio of 2.98. The business’s 50-day simple moving average is C$1.27 and its two-hundred day simple moving average is C$1.45.

Insider Buying and Selling at Centamin

In other Centamin news, Senior Officer Ross Jerrard purchased 67,000 shares of Centamin stock in a transaction on Thursday, May 19th. The shares were purchased at an average cost of C$0.83 per share, with a total value of C$55,275.00. Following the completion of the transaction, the insider now directly owns 567,000 shares in the company, valued at approximately C$467,775. In other news, Senior Officer Ross Jerrard bought 67,000 shares of Centamin stock in a transaction dated Thursday, May 19th. The shares were acquired at an average cost of C$0.83 per share, with a total value of C$55,275.00. Following the completion of the transaction, the insider now owns 567,000 shares in the company, valued at approximately C$467,775. Also, Director Mark Anthony Bankes bought 30,000 shares of Centamin stock in a transaction dated Friday, May 20th. The shares were purchased at an average cost of C$0.84 per share, for a total transaction of C$25,080.00. Following the completion of the transaction, the director now owns 319,000 shares of the company’s stock, valued at approximately C$266,684.

About Centamin

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Centamin plc engages in the exploration, mining, and development of precious metals in Egypt, Burkina Faso, Côte d'Ivoire, Jersey, the United Kingdom, and Australia. The company explores for gold deposits. Its principal asset is the Sukari Gold Mine project, which covers an area of approximately 160 square kilometers located in the Eastern Desert of Egypt.

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