Centamin (DI) (CEY)

Sector:

Mining

Index:

FTSE 250

103.10p
   
  • Change Today:
      1.25p
  • 52 Week High: 232.10
  • 52 Week Low: 100.00
  • Currency: UK Pounds
  • Shares Issued: 1,156.45m
  • Volume: 2,353,625
  • Market Cap: £1,192.30m
  • RiskGrade: 204

Centamin FY revenues surge on strong performance from Sukari

By Iain Gilbert

Date: Tuesday 19 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Gold producer Centamin said on Tuesday that full-year revenues had surged thanks to a solid performance throughout 2020.
Centamin saw revenues shoot up 26% year-on-year to $829.0m, while quarterly revenue slipped 26% to $150.0m in the three months ended 31 December due to both reduced volumes being sold and improved gold prices.

Annual production from the firm's Sukari Gold Mine was just shy 68,000 ounces, meeting guidance set in October.

However, gold sales for the fourth quarter were down 42% year-on-year due to the group mining lower grade material.

Chief executive Martin Horgan said: "Today's Q4 and subsequent full year 2020 results were delivered in-line with the revised guidance we issued in October.

"This follows the capital markets event we hosted in December, where we presented the conclusions of the Phase 1 Life of Asset review and three-year outlook, detailing clear cost-saving, exploration and productivity initiatives, forming part of our plans to unlock Sukari's potential."

As of 0830 GMT, Centamin shares were up 2.39% at 118.98p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Centamin (DI) Market Data

Currency UK Pounds
Share Price 103.10p
Change Today 1.25p
% Change 1.23 %
52 Week High 232.10
52 Week Low 100.00
Volume 2,353,625
Shares Issued 1,156.45m
Market Cap £1,192.30m
RiskGrade 204

Centamin (DI) Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.25% above the market average78.25% above the market average78.25% above the market average78.25% above the market average78.25% above the market average
71.9% below the sector average71.9% below the sector average71.9% below the sector average71.9% below the sector average71.9% below the sector average
Price Trend
81.09% below the market average81.09% below the market average81.09% below the market average81.09% below the market average81.09% below the market average
67.94% below the sector average67.94% below the sector average67.94% below the sector average67.94% below the sector average67.94% below the sector average
Income
91.01% above the market average91.01% above the market average91.01% above the market average91.01% above the market average91.01% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Growth
89.65% above the market average89.65% above the market average89.65% above the market average89.65% above the market average89.65% above the market average
51.61% above the sector average51.61% above the sector average51.61% above the sector average51.61% above the sector average51.61% above the sector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 4
Sell 0
Strong Sell 1
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Centamin (DI) Dividends

  Latest Previous
  Final 2nd Interim
Ex-Div 20-May-21 13-Aug-20
Paid 15-Jun-21 11-Sep-20
Amount 3.00¢ 6.00¢

Trades for 27-Jul-2021

Time Volume / Share Price
15:35 751 @ 103.10p
15:34 10,000 @ 102.94p
15:34 796 @ 103.05p
15:33 1,778 @ 103.05p
15:33 243 @ 103.05p

Centamin (DI) Key Personnel

CFO Ross Jerrard
CEO Martin Horgan

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