Zacks Investment Research Upgrades Centamin Plc (CELTF) to “Hold”

Zacks Investment Research upgraded shares of Centamin Plc (OTCMKTS:CELTF) from a sell rating to a hold rating in a report issued on Tuesday.

According to Zacks, “Centamin plc is a mineral exploration development and mining company. It engages in the exploration, mining and development of mineral properties primarily in Egypt, Ethiopia, the United Kingdom and Australia. The company’s current projects include Sukari old Mines and focuses on the Arabian-Nubian Shield. Centamin plc is headquartered in Saint Helier, Jersey. “

Centamin Plc (OTCMKTS:CELTF) opened at 1.94 on Tuesday. Centamin Plc has a 52-week low of $1.39 and a 52-week high of $2.40. The company’s 50-day moving average is $2.13 and its 200-day moving average is $2.04. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 0.35 and a beta of 0.34.

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