Centamin plc (OTCMKTS:CELTF) Sees Large Decline in Short Interest

Centamin plc (OTCMKTS:CELTFGet Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totalling 479,400 shares, a decline of 14.6% from the April 30th total of 561,500 shares. Based on an average daily volume of 13,700 shares, the days-to-cover ratio is currently 35.0 days.

Centamin Trading Up 1.2 %

CELTF stock opened at $1.56 on Friday. Centamin has a 1-year low of $0.95 and a 1-year high of $1.64. The firm has a fifty day moving average price of $1.53 and a two-hundred day moving average price of $1.33.

Centamin Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 19th. Investors of record on Friday, May 31st will be given a dividend of $0.02 per share. The ex-dividend date is Friday, May 31st.

Centamin Company Profile

(Get Free Report)

Centamin plc, together with its subsidiaries, engages in the exploration, mining, and development of gold and precious metals in Egypt, Côte d'Ivoire, Burkina Faso, Jersey, the United Kingdom, and Australia. 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.

Further Reading

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