Centamin dividends to exceed $100m in 2020 and 2021
2nd Dec 2020 07:33
(Sharecast News) - Centamin said it would pay more than $100m (£74.4m) of dividends in each of the next two years as the gold miner set out production and cost-cut targets.
Read moreCentamin refines 2020 guidance, sees lower production in 2021
21st Oct 2020 09:12
(Sharecast News) - Centamin reported gold production of 128,240 ounces from the Sukari Gold Mine in its third quarter on Wednesday, up from 98,045 ounces year-on-year, bringing production for the first nine months to 384,324 ounces, as it refined its 2020 production forecast and projected lower production in 2021.
Read moreBofA sees gold hitting $3,000/oz., silver at $50/oz.
5th Aug 2020 11:34
(Sharecast News) - Strategists at Bank of America hiked their 18-month target for gold futures from $2,000/oz. to $3,000/oz. as governments continue to act to mend the damage from Covid-19, backstopped by central banks.
Read moreCentamin ups dividend as gold price sends profit soaring
4th Aug 2020 07:03
(Sharecast News) - Centamin increased its interim dividend by 50% after first-half profit more than tripled as the price of gold soared.
Read moreMonday broker round-up
14th Jul 2020 13:31
(Sharecast News) - Rotork: RBC Capital Markets downgrades to underperform with a target price of 275.0p.
Read moreCentamin Q2 production up 11%; Narrows 2020 production range
13th Jul 2020 06:59
(Sharecast News) - Gold miner Centamin reported higher second quarter production and said it was on track to meet full year guidance as the coronavirus pandemic had little materially affect on operations.
Read moreGold hits 2011 highs above $1,800/oz.
8th Jul 2020 11:41
(Sharecast News) - Gold prices have broken fresh records, despite a recent rally in equities, amid ongoing concerns about the long-term economic impact of the Covid-19 pandemic and the prospect of rising inflation.
Read moreThursday broker round-up
25th Jun 2020 14:05
(Sharecast News) - InterContinental Hotels: Jefferies downgrades to hold with a target price of 4,100.0p.
Read moreRBC raises Centamin to 'outperform', lowers Hochschild to 'sector perform'
25th Jun 2020 09:13
(Sharecast News) - Analysts at RBC Capital Markets upgraded gold miner Centamin to 'outperform' from 'sector perform' on Thursday, stating that a shift in management would likely lower the risk of a move into new projects in West Africa.
Read moreCrispin Odey says governments could ban private gold ownership
20th May 2020 14:52
(Sharecast News) - Crispin Odey, one of Europe's most prominent hedge fund managers, has said governments might ban private ownership of gold if inflation runs out of control after the Covid-19 crisis.
Read moreWednesday broker round-up
20th May 2020 13:56
(Sharecast News) - Great Portland Estates: Peel Hunt downgrades to reduce with a target price of 630p.
Read moreCentamin sticks to guidance as rising gold price boosts profit
18th May 2020 07:20
(Sharecast News) - Centamin reiterated its financial guidance for the current year after the rising price of gold helped push the gold miner's annual profit up by 13%.
Read moreCentamin offers chunky dividend yield, Berenberg says
22nd Apr 2020 14:11
(Sharecast News) - Centamin is on track for 2020 production guidance and its dividend looks set to deliver a chunky yield, Berenberg said as it increased its price target for the gold miner.
Read moreWednesday broker round-up
22nd Apr 2020 13:54
(Sharecast News) - Centrica: Jefferies downgrades to hold with a target price of 29p.
Read moreBofA hikes target for gold 18 months ahead by half
21st Apr 2020 12:10
(Sharecast News) - Strategists at Bank of America hiked their target for gold prices in 18 months' time by half in anticipation of central banks and governments doubling the size of their balance sheets and fiscal deficits, respectively.
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