CEY.L - Centamin plc

LSE - LSE Delayed price. Currency in GBp
179.60
-0.80 (-0.44%)
At close: 4:37PM BST
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Previous close180.40
Open180.20
Bid178.60 x 0
Ask178.80 x 0
Day's range176.55 - 180.45
52-week range88.28 - 192.90
Volume2,848,033
Avg. volume7,447,108
Market cap2.076B
Beta (5Y monthly)0.60
PE ratio (TTM)23.95
EPS (TTM)7.50
Earnings date13 Jul 2020
Forward dividend & yield0.10 (5.47%)
Ex-dividend date21 May 2020
1y target est1.68
  • Centamin share price hits a one-year high
    Stockopedia

    Centamin share price hits a one-year high

    Shares in Centamin (LON:CEY) are currently trading close to a 52 week high, with the share price up by around 0.95% to 179.4 over the past week. On a one-month...

  • What does the future hold for the Centamin share price?
    Stockopedia

    What does the future hold for the Centamin share price?

    The Centamin (LON:CEY) share price has risen by 10.5% over the past month and it’s currently trading at 179.4. For investors considering whether to buy, hold o...

  • Stock market volatility: Here's a mid-cap worth a closer look
    Stockopedia

    Stock market volatility: Here's a mid-cap worth a closer look

    Shares in Centamin (LON:CEY) are currently trading at 179.4 but the question for investors is how much the market chaos of 2020 will impact on its price. The a...

  • After a strong run, what's next for investors in Centamin?
    Stockopedia

    After a strong run, what's next for investors in Centamin?

    If you've ever found yourself feeling increasingly drawn to a stock that's constantly rising in price, you are not alone...  Since the dawn of the stock market...

  • Are shares in Centamin ready to fly?
    Stockopedia

    Are shares in Centamin ready to fly?

    Shares in Centamin (LON:CEY) are currently trading at 161.5 but a key question for investors is how the economic uncertainty caused by Covid-19 will affect the...

  • Why quality and value are key drivers of the Centamin share price
    Stockopedia

    Why quality and value are key drivers of the Centamin share price

    Quality and value are two of the most important drivers of stock market returns - yet many investors fail to take them seriously. At a time of deep economic un...

  • Is CENTAMIN (CELTF) Outperforming Other Basic Materials Stocks This Year?
    Zacks

    Is CENTAMIN (CELTF) Outperforming Other Basic Materials Stocks This Year?

    Is (CELTF) Outperforming Other Basic Materials Stocks This Year?

  • Top British stocks for June 2020
    Fool.co.uk

    Top British stocks for June 2020

    We asked our freelance writers to share their top British stocks for June including Unilever, Royal Dutch Shell, and Bunzl. The post Top British stocks for June 2020 appeared first on The Motley Fool UK.

  • Factors that could move the Centamin share price
    Stockopedia

    Factors that could move the Centamin share price

    Covid-19 has shaken world markets. One question likely to be on the minds of a lot of investors right now is how economic uncertainty caused by the pandemic wi...

  • I think these 5% dividend yields might be worth investing in
    Fool.co.uk

    I think these 5% dividend yields might be worth investing in

    The FTSE 250 still has companies paying out high dividend yields to investors and here are two I really like the look of. The post I think these 5% dividend yields might be worth investing in appeared first on The Motley Fool UK.

  • Reuters

    Endeavour 'not on Tinder' for acquisitions after dropping Centamin

    West Africa-focused gold miner Endeavour Mining <EDV.TO> is not looking for other potential acquisitions after its failed offer for Centamin <CEY.L>, CEO Sebastien de Montessus said on Wednesday. Endeavour abandoned its 1.5 billion pound ($1.9 billion) pursuit of Centamin <CEY.L> in January, citing a lack of information on the company, while Centamin said the offer was too low. De Montessus said talks with Centamin had gone completely cold and the process was finished.

  • Reuters - UK Focus

    Gold Fields hires advisor to sell stake in Chilean gold project - sources

    South African miner Gold Fields Ltd has hired investment bank RBC Capital Markets to explore the sale of a 30% stake in its gold project in northern Chile, two sources said. The gold sector has seen two multi-billion dollar takeovers over the last 18 months and bankers and investors say a buoyant gold market could drive further activity. Gold Fields received environmental approval for the construction of Salares Norte, a mine high in the Andes mountains, in December, and said it would decide whether to go ahead in the first half of 2020 as it needs $834 million in funds.

  • Reuters

    Endeavour Mining drops takeover bid for Centamin due to lack of information

    Endeavour Mining <EDV.TO> abandoned its 1.5 billion pound pursuit of gold miner Centamin <CEY.L> on Tuesday, citing a lack of information on its target while Centamin maintained the proposal was too low. London-listed Centamin, which operates one mine in Egypt, rebuffed Endeavour's all-stock takeover proposal in December, saying it did not offer enough value to Centamin shareholders. Since then, Britain's takeover panel allowed Endeavour, which owns four West African mines, more time to make a firm offer following an extended due diligence process when information would be shared.

  • Reuters

    Top shareholder urges miner Centamin to seek takeover offer date extension

    Endeavour on Thursday said it had insufficient time before the current "put up or shut up" deadline of Dec. 31 to study Centamin's assets and urged the company to ask a British takeover panel for an extension to Jan. 31, 2020. Endeavour said it would only proceed if it can complete due diligence, including technical analysis and site visits. VanEck is the third- and second-biggest shareholder of Endeavour and Centamin, respectively, according to Refinitiv.

  • Reuters

    Endeavour Mining urges Centamin to seek takeover offer date extension

    Endeavour said it had insufficient time before the current "put up or shut up" deadline of Dec. 31 to complete due diligence and asked Centamin to request the British takeover panel to extend the deadline to Jan. 31, 2020. Centamin said on Wednesday that Endeavour had indicated it would not provide the information the British company had requested unless it agrees to an extension of the deal deadline.

  • Reuters

    Miner Centamin says Endeavour stalling in merger talks

    Under English takeover law, Canada's Endeavour has until the end of December to make a firm offer for Centamin's assets. Centamin, which called the Canadian miner's approach an "unsolicited offer", said both firms had agreed on "a reciprocal exchange of due diligence information" but Endeavour now said it would not provide information unless the deadline was extended. The London-listed miner said in a statement on the merger plans that it was "disappointed that despite its efforts at constructive engagement, Endeavour has repeatedly refused to engage in a proper manner".

  • Reuters

    Endeavour, Centamin gold merger prospect inches closer

    Gold miners Endeavour <EDV.TO> and Centamin <CEY.L> have agreed to assess the feasibility of a merger, following a weekend meeting between top managers of the two companies, Endeavour said on Monday, driving Centamin's share price higher. Canada's Endeavour, whose business is focused on West Africa, is seeking to gain control of Centamin assets including the Sukari mine and Cleopatra project in Egypt, as well as exploration projects in West Africa. Centamin at the start of this month rejected a 1.47 billion pound ($1.89 billion) all-stock takeover proposal from Endeavour, saying it did not offer enough value to Centamin shareholders.

  • Reuters - UK Focus

    UPDATE 1-Endeavour courts Centamin shareholders after miner's board rejects proposal

    Endeavour Mining Corp's boss said on Thursday the Canadian firm was reaching out to Centamin Plc shareholders to back its $1.9 billion merger plan, days after the British gold miner's board rejected the all-stock proposal. The push is aimed at ratcheting up pressure on UK-based Centamin before a month-end deadline by which Endeavour must decide whether to pursue the deal or scrap it entirely. "Our friendly approach, confidential to the board, was refused despite the merit we see in this transaction," Endeavour Chief Executive Officer Sébastien de Montessus told Reuters on Thursday.

  • Reuters

    Endeavour courts Centamin shareholders after miner's board rejects proposal

    The push is aimed at ratcheting up pressure on UK-based Centamin before a month-end deadline by which Endeavour must decide whether to pursue the deal or scrap it entirely. "Our friendly approach, confidential to the board, was refused despite the merit we see in this transaction," Endeavour Chief Executive Officer Sébastien de Montessus told Reuters on Thursday. Centamin said earlier this week the takeover proposal did not offer any benefits for its shareholders.

  • Reuters

    Deals of the day-Mergers and acquisitions

    ** Rivulet Capital, a large investor in Instructure Inc said it will resist the U.S. educational software company's plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too cheap and too hurried. ** Mexican broadcaster Grupo Televisa has won a federal injunction against Walt Disney Co's acquisition of Twenty-First Century Fox Inc's assets in Mexico, a Televisa representative said, a move that could at least temporarily stall the deal. ** Brazilian wireless carrier TIM Participações SA will consider acquiring the mobile unit of its struggling rival OI SA if it is put up for sale, Chief Executive Pietro Labriola said.

  • Reuters

    Endeavour bid for Centamin will boost mining interest in Egypt - minister

    Egypt said on Wednesday it welcomed Endeavour Mining's <EDV.TO> bid to takeover Centamin Plc <CEY.L>, saying it would encourage foreign investment in the country's mining industry. Centamin rebuffed the 1.47 billion pound ($1.9 billion) all-stock takeover proposal on Tuesday, saying it did not offer enough value to Centamin shareholders. Centamin's assets include Egypt's Sukari mine and Cleopatra project, as well as exploration projects in West Africa.

  • Reuters - UK Focus

    Endeavour Mining's largest investor supports its takeover of Centamin

    Endeavour Mining's largest shareholder La Mancha Holdings said on Tuesday it supported Endeavour's $1.9 billion takeover proposal of Centamin and urged the boards to engage. "We believe in the strategic rationale for this proposal and are fully supportive," La Mancha's billionaire chairman Naguib Sawiris said in a statement, adding Endeavour could add value in Egypt, where Centamin's sole mine is located. Centamin earlier on Tuesday rejected the all-stock offer from the Toronto-listed Endeavour Mining, saying it did not offer enough value to Centamin shareholders.

  • FTSE falls nearly 2% as Trump puts off China trade deal hopes
    Reuters

    FTSE falls nearly 2% as Trump puts off China trade deal hopes

    The blue-chip index <.FTSE> slipped 1.8%, while the midcap FTSE 250 index's <.FTMC> fall was limited to 1% on the back of a 15% surge in miner Centamin <CEY.L> after Canada's Endeavour Mining <EDV.TO> revealed a $1.9 billion buyout proposal. In a broad sell-off, every sector in the main index recorded losses after Trump said an agreement with Beijing might have to wait until after the U.S. presidential election in November 2020. The mood had already started to sour this week as Washington's tariffs on steel and aluminium imports from key Latin American trading partners and Trump's threat to slap separate tariffs on France and the European Union rekindled fears of global trade tensions.

  • Reuters - UK Focus

    UPDATE 4-Centamin snubs $1.9 bln bid proposal from Endeavour Mining

    Gold miner Centamin Plc on Tuesday rejected a 1.47 billion pound ($1.9 billion) all-stock takeover proposal from Canada's Endeavour Mining, saying it did not offer enough value to Centamin shareholders. Endeavour announced its offer, a 13% premium to Centamin's last closing price, earlier in the day, seeking to gain control of Centamin assets that include the Sukari mine and Cleopatra project in Egypt and exploration projects in West Africa. The Toronto-listed firm, which owns four West African mines, said Centamin had rebuffed several attempts to engage in talks.

  • Reuters

    Centamin snubs $1.9 billion bid proposal from Endeavour Mining

    Endeavour announced its offer, a 13% premium to Centamin's last closing price, earlier in the day, seeking to gain control of Centamin assets that include the Sukari mine and Cleopatra project in Egypt and exploration projects in West Africa. The Toronto-listed firm, which owns four West African mines, said Centamin had rebuffed several attempts to engage in talks. "The terms of the proposal provide comparatively greater benefit to Endeavour's shareholders, do not adequately reflect the contribution that Centamin would make to the merged entity," Centamin said.

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