Centamin (TSE:CEE)

Centamin (TSE:CEE)

Centamin has been creating long-term value within Egypt for three decades, working in partnership with the Egyptian government, local communities, and a multitude of local businesses throughout our supply chain to develop Egypt’s modern gold mining industry. They are serious in the application of ethical business practices, supported by robust systems of corporate governance, transparency, and accountability.

Centamin’s principal asset, the Sukari Gold Mine, is a long-life, bulk tonnage open pit and underground operation. It began production in 2009 and is the first large scale modern gold mine in Egypt. The company’s solid financial position, strong cash flows, and development and operating experience provide them with a significant advantage in acquiring and developing other gold projects.

Their operational strategy is focused on long-term production of profitable ounces – value over volume. Stringent cost management and disciplined capital allocation provides the company with the financial flexibility to promote further growth both organically and through value-accretive opportunities. This is achieved through their five strategic pillars: people, asset quality, stakeholder returns, financial flexibility, and active growth pipeline.

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Competitors

The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

Top Picks by Bay Street Experts

Expert stock analysts have shared their opinions, and sometimes prediction, on the company.

For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.

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Centamin PLC – FAQ

Published at Mon, 13 Dec 2021 23:11:11 -0800