Centamin Plc Stock Today
| CEE Stock | CAD 2.19 0.02 0.90% |
Performance19 of 100
| Odds Of DistressLess than 6
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Centamin PLC is selling at 2.19 as of the 19th of April 2024; that is -0.9% down since the beginning of the trading day. The stock's open price was 2.21. Centamin PLC has only a 6 % chance of going through financial distress over the next few years and had a solid performance during the last 90 days. Equity ratings for Centamin PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Centamin plc, together with its subsidiaries, engages in the exploration, mining, and development of precious metals in Egypt, the United Kingdom, and Australia. The company has 1.16 B outstanding shares of which 1.79 K shares are currently shorted by private and institutional investors with about 0.09 days to cover all short positions. More on Centamin PLC
Moving together with Centamin Stock
| 0.83 | RY-PS | Royal Bank | PairCorr |
| 0.79 | RY | Royal Bank | PairCorr |
| 0.93 | RY-PM | Royal Bank | PairCorr |
| 0.89 | TD-PFL | Toronto Dominion Bank | PairCorr |
| 0.86 | TD-PFM | Toronto Dominion Bank | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Centamin Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Centamin PLC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Centamin PLC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Executive Director | Andrew Pardey | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
Centamin PLC's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Centamin PLC's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Centamin PLC's financial leverage. It provides some insight into what part of Centamin PLC's total assets is financed by creditors.
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Centamin PLC (CEE) is traded on Toronto Exchange in Canada and employs 4,874 people. Centamin PLC is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Centamin PLC's market, we take the total number of its shares issued and multiply it by Centamin PLC's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Centamin PLC operates under Metals & Mining sector and is part of Materials industry. The entity has 1.16 B outstanding shares of which 1.79 K shares are currently shorted by private and institutional investors with about 0.09 days to cover all short positions.
Centamin PLC has accumulated about 286.3 M in cash with 353.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Check Centamin PLC Probability Of Bankruptcy
Ownership AllocationCentamin PLC holds a total of 1.16 Billion outstanding shares. The majority of Centamin PLC outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Centamin PLC to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Centamin PLC. Please pay attention to any change in the institutional holdings of Centamin PLC as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Centamin Ownership Details
Centamin Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Centamin PLC jumping above the current price in 90 days from now is roughly 2.53%. The Centamin PLC probability density function shows the probability of Centamin PLC stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Centamin PLC has a beta of 0.0876 suggesting as returns on the market go up, Centamin PLC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Centamin PLC will be expected to be much smaller as well. Additionally, centamin PLC has an alpha of 0.534, implying that it can generate a 0.53 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Centamin PLC to move above the current price in 90 days from now is roughly 2.53 (This Centamin PLC probability density function shows the probability of Centamin Stock to fall within a particular range of prices over 90 days) .
Centamin PLC Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Centamin PLC market risk premium is the additional return an investor will receive from holding Centamin PLC long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Centamin PLC. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Centamin PLC's alpha and beta are two of the key measurements used to evaluate Centamin PLC's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.77 | |||
| Semi Deviation | 1.57 | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.93 |
Centamin Stock Against Markets
Picking the right benchmark for Centamin PLC stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Centamin PLC stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Centamin PLC is critical whether you are bullish or bearish towards Centamin PLC at a given time. Please also check how Centamin PLC's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Centamin PLC without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Centamin PLC Corporate Directors
Centamin PLC corporate directors refer to members of a Centamin PLC board of directors. The board of directors generally takes responsibility for the Centamin PLC's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Centamin PLC's board members must vote for the resolution. The Centamin PLC board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gordon Haslam | Senior Non-Executive Independent Director | Profile | |
| Heidi Brown | Subsidiary Director and Secretary | Profile | |
| Ross Jerrard | CFO Director | Profile | |
| Alison Baker | Non-Executive Independent Director | Profile |
How to buy Centamin Stock?
Before investing in Centamin PLC, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Centamin PLC. To buy Centamin PLC stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Centamin PLC. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Centamin PLC stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Centamin PLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Centamin PLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Centamin PLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Centamin PLC?
The danger of trading Centamin PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Centamin PLC is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Centamin PLC. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Centamin PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centamin PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Centamin PLC information on this page should be used as a complementary analysis to other Centamin PLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Centamin Stock analysis
When running Centamin PLC's price analysis, check to measure Centamin PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centamin PLC is operating at the current time. Most of Centamin PLC's value examination focuses on studying past and present price action to predict the probability of Centamin PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centamin PLC's price. Additionally, you may evaluate how the addition of Centamin PLC to your portfolios can decrease your overall portfolio volatility.
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