CELTF - Centamin Plc

Other OTC - Other OTC Delayed Price. Currency in USD
+0.0995 (+5.92%)
At close: 11:12AM EST
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Previous Close1.6805
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range1.7000 - 1.7800
52 Week Range1.0300 - 1.8700
Avg. Volume7,650
Market Cap2.053B
Beta (5Y Monthly)N/A
PE Ratio (TTM)18.94
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters

    Endeavour 'not on Tinder' for acquisitions after dropping Centamin

    West Africa-focused gold miner Endeavour Mining is not looking for other potential acquisitions after its failed offer for Centamin, CEO Sebastien de Montessus said on Wednesday. Endeavour abandoned its 1.5 billion pound ($1.9 billion) pursuit of Centamin in January, citing a lack of information on the company, while Centamin said the offer was too low. De Montessus said talks with Centamin had gone completely cold and the process was finished.

  • Reuters

    Endeavour Mining gets extension from Centamin to improve offer

    The new "put up or shut up" deadline for Endeavour to make an offer or walk away has been set for Jan. 14 by the UK takeover panel on Centamin's request. Endeavour had urged Centamin to seek an extension till Jan. 31, saying the original Dec. 31 deadline did not give it sufficient time to study Centamin's assets. VanEck International Investors, which has the third-biggest stake in Endeavour and the second-biggest in Centamin, had earlier urged Centamin to seek extension on the takeover offer date.

  • Reuters

    Top shareholder urges miner Centamin to seek takeover offer date extension

    Endeavour on Thursday said it had insufficient time before the current "put up or shut up" deadline of Dec. 31 to study Centamin's assets and urged the company to ask a British takeover panel for an extension to Jan. 31, 2020. Endeavour said it would only proceed if it can complete due diligence, including technical analysis and site visits. VanEck is the third- and second-biggest shareholder of Endeavour and Centamin, respectively, according to Refinitiv.

  • Reuters

    Endeavour, Centamin gold merger prospect inches closer

    Gold miners Endeavour and Centamin have agreed to assess the feasibility of a merger, following a weekend meeting between top managers of the two companies, Endeavour said on Monday, driving Centamin's share price higher. Canada's Endeavour, whose business is focused on West Africa, is seeking to gain control of Centamin assets including the Sukari mine and Cleopatra project in Egypt, as well as exploration projects in West Africa. Centamin at the start of this month rejected a 1.47 billion pound ($1.89 billion) all-stock takeover proposal from Endeavour, saying it did not offer enough value to Centamin shareholders.

  • Reuters

    Deals of the day-Mergers and acquisitions

    ** Rivulet Capital, a large investor in Instructure Inc said it will resist the U.S. educational software company's plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too cheap and too hurried. ** Mexican broadcaster Grupo Televisa has won a federal injunction against Walt Disney Co's acquisition of Twenty-First Century Fox Inc's assets in Mexico, a Televisa representative said, a move that could at least temporarily stall the deal. ** Brazilian wireless carrier TIM Participações SA will consider acquiring the mobile unit of its struggling rival OI SA if it is put up for sale, Chief Executive Pietro Labriola said.

  • Reuters

    Endeavour bid for Centamin will boost mining interest in Egypt - minister

    Egypt said on Wednesday it welcomed Endeavour Mining's bid to takeover Centamin Plc , saying it would encourage foreign investment in the country's mining industry. Centamin rebuffed the 1.47 billion pound ($1.9 billion) all-stock takeover proposal on Tuesday, saying it did not offer enough value to Centamin shareholders. Centamin's assets include Egypt's Sukari mine and Cleopatra project, as well as exploration projects in West Africa.