Centamin Mines Gold As It Explores For More

The basic sector has thirteen industries all related to mining, making and delivering essential commodities. They are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; paper; silver; specialty chemicals; steel.

Today I'm reviewing a gold company It's a mid-cap stock, Centamin Plc. It's trading ticker symbol is CELTF. 

Centamin Plc is a mineral exploration, development, and mining company. It explores, mines, and develops precious metals in Egypt, Burkina Faso, Côte d'Ivoire, the United Kingdom, and Australia.

The company's principal mining operations are in Egypt and Australia with exploratory operations in West Africa.

The company was founded in 1995 and is headquartered in St. Helier, Jersey, United Kingdom. 

Three key data points measure dividend equities or funds like Centamin: 

(1) Price

(2) Dividends

(3) Returns

After those three, four more keys will unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money. 

CELTF Price

Centamin's price at Friday's market close was $2.25 per share. A year ago its price was $2.13. That is a gain of $0.12 per share in the past year.  

Assuming Centamin's price gains at the same pace this year, its price would grow from $2.25 to $2.37 by March 2019.

CELTF Dividends

Centamin's most recent semi-annual dividend was $0.10 declared in January, and payable  April 6, 2018. 

The Centamin estimated annual dividend for 2018 is estimated at $0.20 to be paid in two equal $0.10 payments in April and September.

The yield from that $0.20 annual dividend was 8.88% at Friday's $2.25 share price. 

Gains For CELTF?

Adding the $0.20 annual dividend to the $0.12 estimated price gain makes a $0.32 projected gross annual gain, which must cover any cost to trade those shares.  

Say $1,000.00 was invested at Friday's $2.25 price. That trade bought 444 shares. 

A $10 broker fee paid as $5 at purchase and $5 at sale of the shares equals about $0.0225 in cost per share

Subtracting that $0.0225 brokerage cost from the estimated $0.32 gross gain leaves a net gain to next year of $0.2975

X 444 shares 

= $132.09

or a 13% net gain on a $999.00 investment.

Therefore, Centamin Plc (whose ticker symbol is CELTF), now shows a possible 13% net gain including a 8.88% dividend yield. 

NO analysts cover this stock. However, its past 5-year price history shows a steady rise from a $0.85 price with a peak at $2.40 in April 2017. Since then the price has plateaued between $1.70 and $2.40.

These forward-looking numbers are conjecture based on past year performance. The actual results remain to be seen. They could turn out to be far higher or lower. More study is required for you to determine if Centamin Plc is worth your time and money.