Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCentamin PLC Share News (CEY)

Share Price Information for Centamin PLC (CEY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 114.60
Bid: 114.20
Ask: 114.40
Change: 1.30 (1.15%)
Spread: 0.20 (0.175%)
Open: 113.80
High: 114.90
Low: 112.50
Prev. Close: 113.30
CEY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK WINNERS & LOSERS SUMMARY: Centamin Loses 20% On 2021 Guidance

Wed, 21st Oct 2020 10:37

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.

----------

FTSE 100 - LOSERS

----------

Fresnillo, down 4.4%. The gold and silver miner lowered its full-year gold guidance "marginally" as working restrictions due to the virus at the Herradura mine in Mexico hurt production. The Mexican company now expects annual gold production in the range of 745,000 to 775,000 ounces. Its previous guidance range was between 785,000 and 815,000 ounces. For the three months to September 30, gold output fell 6.3% quarter-on-quarter to 172,718 ounces from 184,356 due to the lower overall speed of recovery and ore grade at both Herradura and Noche Buena mines. Gold output fell 18% year-on-year from 209,752 ounces in the year ago quarter.

----------

FTSE 250 - LOSERS

----------

Centamin, down 20%. The gold miner reaffirmed its 2020 guidance but expects an output fall in 2021. During the third quarter, gold production fell 2% quarter-on-quarter to 128,240 ounces from 130,994 ounces. Gold sold in the quarter dropped 9% to 118,617 ounces from 130,745 ounces. It expects total 2020 output between 445,000 ounces to 455,000 ounces of gold produced but forecasts the 2021 figure to come in between 400,000 ounces to 430,000 ounces.

----------

OTHER MAIN MARKET AND AIM - WINNERS

----------

Thor Mining, up 31%. The exploration and development firm said it is "another step closer" to selecting drill targets at Ragged Range gold project, Australia. Thor reported "visible gold" along a 13 kilometre stretch in the project.

----------

Europa Oil & Gas, up 25%. The UK, Ireland and Morocco-focused oil and gas firm was given a one-year extension to Inezgane exploration permit by Moroccan regulators. The permit, which now runs to November 2022, was granted due to time lost as a result of Covid-19.

----------

Pipehawk, up 25%. The Hampshire-based provider of technology solutions to highways and rail industries said revenue in the year to June 30 jumped 24% to GBP8.3 million. Pretax profit surged to GBP194,000 from GBP12,000.

----------

ECO Animal Health Group, up 21%. The pet and livestock pharmaceuticals company said its revenue for the year to March 31 will exceed market expectations if current trends continue. ECO added that during the first half, revenue in China outperformed management expectations helped by the high price for pork.

----------

OTHER MAIN MARKET AND AIM - LOSERS

----------

Premier African Minerals, down 16%. The southern Africa-focused miner said it plans to raise GBP1.1 million through the placing of 2.75 billion shares at 0.04 pence each. "Premier intends to use the proceeds of the placing to assist with the funding to identify and secure high value exploration and/or cash generative assets," the company explained.

----------

D4T4 Solutions, down 13%. The data solutions provider said revenue in the six months ended September 30 fell 42% to GBP5.1 million from GBP8.8 million, though like adjusted profit, it came in in-line with internal expectations. D4T4 noted a "number of significant new contracts expected to close in the half" are still pending and now expected in the second half.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
5 Aug 2021 10:29

Centamin backs outlook but first half output and profit fall

Centamin backs outlook but first half output and profit fall

Read more
5 Aug 2021 08:31

UPDATE 2-UK gold miner Centamin seeks buyer for W. African project

* H1 EBITDA beats consensus by 8%* Looking for partner/buyer for Batie West project* H1 dividend cut, shares fall 3% (Adds H1 EBITDA, shares, analyst)By Shanima AAug 5 (Reuters) - Gold miner Centamin reported a smaller than expected fall in first-h...

Read more
5 Aug 2021 08:24

LONDON BRIEFING: Founder Mike Ashley to step back at retailer Frasers

LONDON BRIEFING: Founder Mike Ashley to step back at retailer Frasers

Read more
5 Aug 2021 07:45

Centamin earnings slide as gold sales fall in first half

(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%.

Read more
28 Jul 2021 16:02

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
26 Jul 2021 13:31

Monday broker round-up

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

Read more
23 Jul 2021 12:47

Friday broker round-up

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

Read more
23 Jul 2021 09:39

BROKER RATINGS: Exane BNP cuts Aviva and upgrades Centrica

BROKER RATINGS: Exane BNP cuts Aviva and upgrades Centrica

Read more
22 Jul 2021 11:06

Centamin quarterly production falls slightly but guidance maintained

Centamin quarterly production falls slightly but guidance maintained

Read more
22 Jul 2021 09:27

Centamin maintains guidance after 'solid' second quarter

(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.

Read more
19 Jul 2021 09:49

BROKER RATINGS: RBC upgrades Fresnillo; JPMorgan raises Travis Perkins

BROKER RATINGS: RBC upgrades Fresnillo; JPMorgan raises Travis Perkins

Read more
15 Jul 2021 16:17

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
13 Jul 2021 12:58

Tuesday broker round-up

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

Read more
8 Jun 2021 16:02

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
1 Jun 2021 13:43

Tuesday broker round-up

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

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.