BoA reiterated buy on Cey raised target22 Apr 2021 14:48
Centamin DOW JONES NEWSWIRES 2021-04-22 11:08:59 GMT D Centamin Had Solid 1Q , Production Outlook is Positive -- Market Talk 1108 GMT - Shares in Centamin rise 0.7 % to 115 pence after the gold miner reported better - than expected first - quarter revenue and reiterated full - year production expectations . Analysts say the FTSE 250 company , which runs the Sukari gold mine in Egypt and exploration projects in West Africa , had a solid start to the year , with gold production also topping market expectations . Bank of America says the miner has a strong balance sheet and management remains focused on stabilizing the production profile and generating cash flow . " Growth opportunities in Egypt and West Africa present upside risk to production , " BoA analysts say , reiterating their buy recommendation and raising their price target to 140 pence from 130 pence . ( philip.waller@wsj.com ) ( END ) Dow Jones Newswires April 22 , 2021 07:08 ET ( 11:08 GMT ) -