Centamin profits halved on lower revenue; Holds production guidance

16th Mar 2022 07:28

(Sharecast News) - Gold miner Centamin said full-year profits halved on the back of forecast lower revenue and an impairment on assets in Burkina Faso.

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Centamin to take over underground operations at Sukari

8th Feb 2022 08:06

(Sharecast News) - Gold producer Centamin said on Tuesday that underground operations at its Sukari Gold Mine in Egypt will transition from contractor-mining to owner-operator mining, with immediate effect.

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Centamin ends year in line with production forecasts

19th Jan 2022 08:29

(Sharecast News) - Centamin reported annual gold production in line with expectations in its fourth quarter update on Wednesday, with 107,549 ounces produced in the three months ended 31 December, making for a 2021 total of 415,370 ounces for 2021, at the midpoint of its guidance.

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Berenberg upgrades Rio Tinto, Centamin

7th Jan 2022 14:16

(Sharecast News) - Berenberg upgraded Rio Tinto and Centamin on Friday as it took a look at the metals and mining sector.

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Centamin aims for 500,000 ounces from Sukari after review

8th Dec 2021 07:59

(Sharecast News) - Centamin on Wednesday said a review into its Sukari gold mine in Egypt had revealed its largest reserve growth in a decade as it aimed to lift production to 500,000 ounces a year.

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Liberum upgrades Rio Tinto to 'hold', says bad news priced in

7th Dec 2021 12:02

(Sharecast News) - Liberum upgraded Rio Tinto to 'hold' from 'sell' on Tuesday as it argued that bad news was now priced in.

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Citi sticks with 'short gold' as appropriate pain trade over medium-term

23rd Oct 2021 20:07

(Sharecast News) - Analysts at Citi still think short gold is the appropriate 'pain trade' over the medium-term, despite "tangible" upside risks to their fourth quarter 2021 average spot price forecast of $1,700/oz..

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Centamin on track after 'solid' Q3

19th Oct 2021 07:37

(Sharecast News) - Centamin said it was on track to meet its guidance for 2021 after a "solid" third quarter of operations.

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Director dealings: Centamin director raises stake

29th Sep 2021 16:01

(Sharecast News) - Centamin revealed on Wednesday that non-executive director Mark Bankes had acquired 40,000 ordinary shares in the FTSE 250-listed gold miner.

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Centamin earnings slide as gold sales fall in first half

5th Aug 2021 07:45

(Sharecast News) - Centamin reported first half revenue of $367.4m on Thursday, down 18% year-on-year, from gold sales of 203,802 ounces, down 25%, at an average realised gold price of $1,799 per ounce, up 9%.

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Monday broker round-up

26th Jul 2021 13:31

(Sharecast News) - Ultra Electronics: Berenberg keeps at 'buy' but hikes target price from 2,730.0p to 3,500.0p.

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Friday broker round-up

23rd Jul 2021 12:47

(Sharecast News) - AJ Bell: Barclays keeps at 'overweight' but ups target price from 360.0p to 380.0p.

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Centamin maintains guidance after 'solid' second quarter

22nd Jul 2021 09:27

(Sharecast News) - Centamin reported a "solid" operational performance in its second quarter on Thursday, with gold production totalling 100,228 ounces, bringing production for the first half to 204,275 ounces, with the company on track to achieve its 2021 guidance.

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Tuesday broker round-up

13th Jul 2021 12:58

(Sharecast News) - Dr Martens: Goldman Sachs upgrades to buy with a target price of 535p.

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Tuesday broker round-up

1st Jun 2021 13:43

(Sharecast News) - Tekmar Group: Berenberg reiterates buy with a target price of 75p.

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