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Centamin PLC 42.7% Potential Upside Indicated by Goldman Sachs

Centamin PLC with EPIC/TICKER (LON:CEY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘CONVICTION BUY’ this morning by analysts at Goldman Sachs. Centamin PLC are listed in the Basic Materials sector within UK Main Market. Goldman Sachs have set a target price of 205 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 42.7% from the opening price of 143.7 GBX. Over the last 30 and 90 trading days the company share price has increased 2.7 points and decreased 11.6 points respectively. The 52 week high for the stock is 193.9 GBX while the 52 week low is 114.6 GBX.

Centamin PLC has a 50 day moving average of 142.77 GBX and the 200 Day Moving Average price is recorded at 161.29. There are currently 1,156,138,696 shares in issue with the average daily volume traded being 6,020,628. Market capitalisation for LON:CEY is £1,662,527,480 GBP.

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