Centamin Egypt Ltd.

Centamin is a mineral exploration, development and mining company. Co. is engaged in the business of exploration and mining of precious metals in the Sukari Gold Mine located in the Eastern Desert of Egypt.
  • TickerA1JPZ6
  • ISINJE00B5TT1872
  • ExchangeBerlin Stock Exchange
  • SectorMining
  • CountryJersey

Analysts

Philip Morrish

Value Indicator - UK Basic Resources 12082019

Currently '(TM)Value Indicator - UK basic resources' is a value anlaysis of the Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 12082019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provdes the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Basic Resources 05082019

Currently '(TM)Value Indicator - UK Basic REsources' is a value analysis of the Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 05082019

Currently '(TM)Value Indicator - Uk main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilties sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Basic Resources 29072019

Currently '(TM)Value Indicator - UK Basic Resources' is a value analysis of th Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices

Ahmed Soliman

Downgrade to Neutral on rising costs, shorter LoM

Rising costs, depleting reserves highly negative despite improving grade. Centamin’s 2019 guidance, announced on 25 February, came as a negative surprise. Sukari’s cash costs and AISC are seen rising 8.2-16.2% and 0.7-7.5% to USD675-725 and USD890-950/t, respectively, in 2019, mainly reflecting an increasing stripping ratio at the open-pit. The 2019 reserves and resources update indicate dwindling reserves at the Sukari mine, dropping 12.5% over 2017-19 to 7mn oz. This is despite the recovery from mined grade weakness, which pressured the stock’s performance in 2018. Expect 46% net income dro...

Ahmed Soliman

Cut TP 23% on lower gold grade and prices; Look for recovery in 2019

Management revises down 2018 production guidance for second time. Centamin’s 3Q18 production results, issued on 5 October, showed that gold production from the Sukari mine is improving from the 1H18 weak base, but at a slow pace. Management cut full year 2018 production guidance by 5-7% to 480k oz (-12% y-o-y). This is the second time management cuts 2018 production guidance, the first being in May, when the target was slashed by 11-13% on low grades from both the open-pit and the underground. We cut our production estimates by 6.5% and raise our cash cost and AISC estimates by 1.1% and 1.5%, ...

Aton Resources Inc. (TSXV: AAN) – Aiming to Commence Production by End of 2019

aan

Ahmed Soliman

Share price drop post guidance cut overdone; Maintain OW

Downward revision of 2018 guidance weighed heavily on share price. On 25 May 2018, management revised 2018 production guidance downwards by 11-13% to 505-515k ounces, and cash cost and AISC guidance upwards by 14-16% to USD625-640/oz and USD875-890/oz, respectively. This comes on persisting low grades from the transitional zone in the open pit, combined with a lower underground development grade. Accordingly, we cut our TP by c18%, but maintain our Overweight call (based on a gold price assumption of USD1,315/oz in 2018), given Centamin’s share price dropped by c21% since the announcement. Con...

Analyst Ideas of the Week – Shoal Games Announces Financing

AIW

1 director sold

A director at Centamin sold 150,000 shares at 0.000CAD and the significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board membe...

Roger Bade

Sector Overview - Placid State of the Union Address

The US dollar weakened a little after the US President’s State of the Union address and precious metals prices mainly firmed. However, palladium was an exception and it appears the platinum/palladium parity trade is back on again, just in the opposite direction to that seen last year. The palladium price collapsed fifteen US dollars per ounce ($/oz) to $1,060/oz, whilst at the same time, platinum moved from just below $1,000/oz, to just above. The gold price was over $5/oz better at just over $1,340/oz and silver rose ten cents/oz to almost $17.20/oz.

Philip Morrish

Value Indicator - UK Basic Resources 12082019

Currently '(TM)Value Indicator - UK basic resources' is a value anlaysis of the Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 12082019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provdes the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Basic Resources 05082019

Currently '(TM)Value Indicator - UK Basic REsources' is a value analysis of the Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 05082019

Currently '(TM)Value Indicator - Uk main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilties sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Basic Resources 29072019

Currently '(TM)Value Indicator - UK Basic Resources' is a value analysis of th Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices

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