Centamin plc (OTCMKTS:CELTF) Short Interest Update

Centamin plc (OTCMKTS:CELTF) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 303,600 shares, a decrease of 52.4% from the October 15th total of 637,900 shares. Based on an average daily trading volume, of 10,000 shares, the short-interest ratio is presently 30.4 days.

Centamin Stock Performance

CELTF traded down $0.05 during midday trading on Friday, reaching $1.85. The company’s stock had a trading volume of 4,895 shares, compared to its average volume of 5,531. Centamin has a twelve month low of $1.08 and a twelve month high of $2.27. The company has a fifty day simple moving average of $2.02 and a 200 day simple moving average of $1.73.

Centamin Company Profile

Centamin plc, together with its subsidiaries, engages in the exploration, mining, and development of gold and precious metals in Egypt, Côte d’Ivoire, Burkina Faso, Jersey, the United Kingdom, and Australia. Its principal asset is the Sukari Gold Mine project, which covers an area of approximately 160 square kilometers located in the Eastern Desert of Egypt.