Centamin plc (OTCMKTS:CELTF) Short Interest Update

Centamin plc (OTCMKTS:CELTF) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 637,900 shares, an increase of 689.5% from the September 30th total of 80,800 shares. Based on an average daily trading volume, of 39,700 shares, the short-interest ratio is presently 16.1 days.

Centamin Price Performance

CELTF stock traded up $0.04 during trading on Friday, hitting $2.18. The company had a trading volume of 29,153 shares, compared to its average volume of 10,273. Centamin has a fifty-two week low of $0.95 and a fifty-two week high of $2.27. The company has a fifty day moving average price of $1.91 and a two-hundred day moving average price of $1.69.

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.