Centamin Q2 production up 11%; Narrows 2020 production range

13th Jul 2020 06:59

(Sharecast News) - Gold miner Centamin reported higher second quarter production and said it was on track to meet full year guidance as the coronavirus pandemic had little materially affect on operations.

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Gold hits 2011 highs above $1,800/oz.

8th Jul 2020 11:41

(Sharecast News) - Gold prices have broken fresh records, despite a recent rally in equities, amid ongoing concerns about the long-term economic impact of the Covid-19 pandemic and the prospect of rising inflation.

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Thursday broker round-up

25th Jun 2020 14:05

(Sharecast News) - InterContinental Hotels: Jefferies downgrades to hold with a target price of 4,100.0p.

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RBC raises Centamin to 'outperform', lowers Hochschild to 'sector perform'

25th Jun 2020 09:13

(Sharecast News) - Analysts at RBC Capital Markets upgraded gold miner Centamin to 'outperform' from 'sector perform' on Thursday, stating that a shift in management would likely lower the risk of a move into new projects in West Africa.

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Crispin Odey says governments could ban private gold ownership

20th May 2020 14:52

(Sharecast News) - Crispin Odey, one of Europe's most prominent hedge fund managers, has said governments might ban private ownership of gold if inflation runs out of control after the Covid-19 crisis.

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Wednesday broker round-up

20th May 2020 13:56

(Sharecast News) - Great Portland Estates: Peel Hunt downgrades to reduce with a target price of 630p.

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Centamin sticks to guidance as rising gold price boosts profit

18th May 2020 07:20

(Sharecast News) - Centamin reiterated its financial guidance for the current year after the rising price of gold helped push the gold miner's annual profit up by 13%.

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Centamin offers chunky dividend yield, Berenberg says

22nd Apr 2020 14:11

(Sharecast News) - Centamin is on track for 2020 production guidance and its dividend looks set to deliver a chunky yield, Berenberg said as it increased its price target for the gold miner.

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Wednesday broker round-up

22nd Apr 2020 13:54

(Sharecast News) - Centrica: Jefferies downgrades to hold with a target price of 29p.

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BofA hikes target for gold 18 months ahead by half

21st Apr 2020 12:10

(Sharecast News) - Strategists at Bank of America hiked their target for gold prices in 18 months' time by half in anticipation of central banks and governments doubling the size of their balance sheets and fiscal deficits, respectively.

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Centamin to pay divi as operations remain unaffected

21st Apr 2020 08:19

(Sharecast News) - Centamin updated the market on the three months ended 31 March on Tuesday, reporting that it took early action to protect the health, safety and wellbeing of its employees and communities in response to the Covid-19 coronavirus pandemic.

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Centamin ropes in Martin Horgan as its new CEO

2nd Apr 2020 08:12

(Sharecast News) - Centamin announced the appointment of Martin Horgan as its chief executive officer and as a director on Thursday, effective from 6 April.

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Centamin says 'no material disruption' from Covid-19 so far

25th Mar 2020 08:17

(Sharecast News) - Centamin said on Wednesday that it has experienced "no material disruption" to operations, supply chain or gold shipments so far.

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US pre-open: Futures 'limit up' on report of agreement on stimulus in Senate, gold shines

24th Mar 2020 11:36

(Sharecast News) - Equity futures on Wall Street are still trading near 'limit up' amid news of fresh economic stimulus around the world and amid reports that the White House and US Senate leaders have struck a deal on a government spending package to see the US economy through the coronavirus pandemic.

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FTSE 250 movers: Finablr wacked on account of NMC, Premier Oil lower

10th Mar 2020 14:53

(Sharecast News) - Payments and foreign exchange platform Finablr was the worst performer on the second-tier index after UAE-focused hospital operator, NMC Health, disclosed, shortly before the close of trading, that its debt pile was nearer the $5bn mark and not the $2.1bn that it reported on 30 June 2019.

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