Centamin Plc Reports A Lower Than Budget Total Expenditure For Q3FY19

  • Oct 23, 2019 BST
  • Team Kalkine
  • Centamin Plc (CEY) has released the quarterly report for the three months ended 30 September 2019.
  • The net cash generated from operating activities of the company was USD39.2 million.
  • The company also reported that the total expenditure (capex and exploration expense) was lower than budget and for Q3 it stood at USD27.3 million, while YTD it was USD85.7 million.
  • The full-year cost guidance remains unchanged and the bottom end of full-year production guidance, 490,000 ounces, remains the target for the year.
  • On 23rd October 2019, at the time of writing, GMT 08:03 AM, CEY shares were trading at GBX 105.50, down by 1.55 points or 1.45% against the previous day closing price.

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