Review Of 5 FTSE 250 Listed Stocks: CEY, HOC, PZC, PRTC And FRES

  • Dec 31, 2019 GMT
  • Team Kalkine
Review Of 5 FTSE 250 Listed Stocks: CEY, HOC, PZC, PRTC And FRES

Centamin Plc

Centamin PLC (LON: CEY) is a St Helier, Jersey-based mineral exploration, development and mining company which was incorporated in the year 1970. The company primarily explores gold ore deposits, and its principal asset is the Sukari Gold Mine, which started operation in 2009. The base case production of the mine is c. 500,000 ounces per year, with a scope to further increase output.

The stocks of the company are traded on the London Stock Exchange in the main market segment. The shares trade there with the ticker name CEY and form part of the FTSE 250 index.

News Update

The company on 23 December 2019 came out with an update on the offer it had received from Endeavor Mining Corporation regarding a merger between the two companies.

  • The announcement states that it has set a new deadline as per rule 2.6-c of the City Code on Takeovers and Mergers for Endeavor Mining Corporation till 5.00pm GMT on 14 January 2020 to either make a firm offer or withdraw its intent.

Stock Performance at the London Stock Exchange

Source – Thomson Reuters

At the time of writing of this report at 10.34 AM GMT on 31 December 2019 the shares of the company were trading on the London Stock Exchange at GBX 127.40, the shares of the company during the past 52 weeks of trading at the London Stock Exchange have registered a 52-week high of GBX 154.75, while registering a 52-week low of GBX 79.14, the company has a market capitalisation of £1.42 billion on the London Stock Exchange at the time of writing this report on 31 December 2019.

The stock’s average traded volume as on the above date and time stood at 3,565,948, and the stock's average traded volume for 5 days was 6,233,515.20; 30 days- 5,357,727.63 and 90 days – 6,197,361.30. The stock’s trading volumes on an average for 5 days was up by +16.35  per cent as compared to the 30 days’ average traded volume on the London Stock Exchange. In last one month, the shares have generated a return of +11.03  per cent and a return of +13.37  per cent on year to date basis.

Outlook

Despite the discussions the board of the company is having with Endeavor Mining Corporation, the company continues to advise its shareholders that Endeavor Mining Corporation is undervaluing the company, and that the shareholders should not take any action on this information.

Hochschild Mining Plc

Hochschild Mining Plc (LON: HOC) is a south America based precious metal maker company, with a focus on the good quality of gold and silver deposits, the company’s business operations spread across the Americas for more than 50 years. The company is presently operating in 3 underground mines in southern Peru and one underground mine in southern Argentina.

The stocks of the company are traded on the London Stock Exchange in the main market segment. The shares trade there with the ticker name HOC and form part of the FTSE 250 index.

News Update

The company came out with its guidance for the production of gold and silver for the year 2020 on 22 December 2019.

  • For 2020 the company envisages production of 432,000 of equivalent gold ounces and 35.0 of equivalent million silver ounces.
  • The production from Inmaculada mine is expected to be approximately 257,000 of equivalent gold ounces.

Stock Performance at the London Stock Exchange

Source – Thomson Reuters

At the time of writing of this report at 10.36 AM GMT on 31 December 2019 the shares of the company were trading on the London Stock Exchange at GBX 184.0.

The shares of the company during the past 52 weeks of trading at the London Stock Exchange have registered a 52-week high of GBX 232.2, while registering a 52-week low of GBX 150.3, the company has a market capitalisation of £896.04 million on the London Stock Exchange at the time of writing this report on 31 December 2019.

The average stock’s traded volume as on the above date and time stood at 339,743, and the stock's average traded volume for 5 days was 1,216,202.00; 30 days- 1,118,579.57 and 90 days – 1,152,555.72. The stocks trading volumes on an average for 5 days was up by +8.73  per cent as compared to the 30 days’ average traded volume on the London Stock Exchange. In last one month, the shares have generated a return of +7.98  per cent and a return of +12.78  per cent return on year to date basis.

Outlook

The company for 2019 remains fully committed and will be able to achieve 457,000 gold equivalent ounces or 37.0 million silver equivalent ounces. Costs, however, for the next year are expected to rise due to a one-off expenditure of £22 million for project expenditure regarding an increase in tailings capacity at Inmaculada and the reduced production at Pallancata.

PZ Cussons Plc

PZ Cussons Plc (LON: PZC) is a consumer products company. The company is known for its innovation and has created some of the world’s best brands, which include Imperial Leather, Cussons Baby, Morning Fresh and St. Tropez. The company’s operations are divided into four categories being Home Care, Personal Care & Beauty, Electricals and Food & Nutrition.

The stocks of the company are traded on the London Stock Exchange in the main market segment. The shares trade there with the ticker name PZC and form part of the FTSE 250 index.

News Update

The company came out with a trading update on the performance for the period ending on 30 November 2019 on 12 December 2019.

  • The company stated that it has been facing challenges across key geographies for which its revenues and operating profits are down for the first half of the present year compared to the same period of last year.
  • The company, however, is hopeful of meeting its full-year guidance with a minor shortfall in revenue figures.
  • The interim results for the period will be declared by the company on 28 January 2020. In the same announcement the company also stated that its current Group CEO Alex Kanellis will be remitting office on 31 December 2020.

Stock Performance at the London Stock Exchange

Source – Thomson Reuters

At the time of writing of this report at 10.39 AM GMT on 31 December 2019 the shares of the company were trading on the London Stock Exchange at GBX 211.00, the shares of the company during the past 52 weeks of trading at the London Stock Exchange have registered a 52-week high of GBX 229.620, while registering a 52-week low of GBX 175.00, the company has a market capitalisation of £ 908.47 million on the London Stock Exchange at the time of writing this report on 31 December 2019.

The average stock’s traded volume as on 31 December 2019 stood at 111,830 and the stock's average traded volume for 5 days was 880,970.40; 30 days- 529,348.57 and 90 days – 645,977.07. The stock’s trading volumes on an average for 5 days was up by +66.43  per cent as compared to the 30 days’ average traded volume on the London Stock Exchange. In last one month, the shares have generated a return of +4.17  per cent and a return of -0.14  per cent on year to date basis.

PureTech Health Plc 

PureTech Health Plc (LON: PRTC) is a United States domiciled,  Boston Headquartered biopharmaceutical company is engaged in business of discovering, developing and commercialising new therapeutics types using proprietary biotechnology research for hard to treat diseases like intractable cancers, immunological disorders, inflammatory disorders, CNS disorders, lymphatic disorders and GI diseases.

The shares of the company have their listing on the main market segment of the London Stock Exchange, with the ticker name PRTC, and their being part of the FTSE 250 index.

News Update

In its latest update the company came out with the information that its affiliate Gelesis has secured more than $84.6 Million in New Capital to aid in the US Commercialisation of its drug PLENITY TM , on 9 December 2019.

Stock Performance at the London Stock Exchange

Source – Thomson Reuters

At the time of writing of this report at 10.59 AM GMT on 31 December 2019 the shares of the company were trading on the London Stock Exchange at GBX 323.46, the shares of the company during the past 52 weeks of trading at the London Stock Exchange have registered a 52-week high of GBX 335.00, while registering a 52-week low of GBX 155.50 , the company has a market capitalisation of £ 893.45 million on the London Stock Exchange at the time of writing this report on 31 December 2019.

The stock of the company has an  average traded volume as on 31 December 2019 of 40,639 and the stock's average traded volume for 5 days was 145,545.40; 30 days- 245,979.17 and 90 days – 155,799.23. The stock’s trading volumes on an average for 5 days was up by -40.83  per cent as compared to the 30 days’ average traded volume on the London Stock Exchange. In last one month, the shares have generated a return of +15.02  per cent and a return of +82.56  per cent return on year to date basis.

Outlook

This new drug offered by the company has commercial potential of immense proportions and will be able to turn the fortunes of the company, the interest of the Private equity firms participating in the Fund-raising exercise is a testament of the same.

Fresnillo Plc

Fresnillo Plc (LON: FRES) is a Mexico domiciled precious metal exploration, mining and production group, headquartered in Mexico City, the capital of the country. Being, a part of the Peñoles Group, the group has a history stretching back over a century, the group became a listed company in 2008 when the wholly owned operating division of Industrias Peñoles was spun off on the London Stock Exchange in a May 2008 IPO. The group holds one of the largest precious metals land reserves in Mexico and is the world's leading silver producer and Mexico's largest gold producer.

The shares of the company have their listing on the London Stock Exchange and at the Mexican Stock Exchange, at the London Stock Exchange, the shares of the company trade with the ticker name FRES in the main market segment. The shares of the company on the London Stock Exchange are also constituents of the FTSE 250 index.

News Update

The company came out with an update on the production performance for 2019 on 2 December 2019.

  • For the year 2019, the company now has narrowed its production outlook to c. 885koz ±1 per cent of gold and c. 55moz ±1 per cent of silver, both of which are within stated guidance given by the management for the year.

Stock Performance at the London Stock Exchange

Source – Thomson Reuters

At the time of writing of this report at 11.03 AM GMT on 31 December 2019 the shares of the company were trading on the London Stock Exchange at GBX 638.8.

The shares of the company during the past 52 weeks of trading at the London Stock Exchange have registered a 52-week high of GBX 1,028.00, while registering a 52-week low of GBX 536.80, the company has a market capitalisation of £4.72 billion on the London Stock Exchange at the time of writing this report on 31 December 2019.

The stock’s average traded volume as on the above date and time stood at 243,179 and the stock's average traded volume for 5 days was 1,702,019.60; 30 days- 2,979,984.83 and 90 days – 2,555,496.11. The stock’s trading volumes on an average for 5 days was up by -42.88  per cent as compared to the 30 days’ average traded volume on the London Stock Exchange. In last one month, the shares have generated a return of +10.84  per cent and also a return of -25.56  per cent return on year to date basis. 

Outlook                                                             

For the year 2020, the company expects to produce c.857koz ±5 per cent of gold and  c. 54moz ±5 per cent of silver, for 2021, it expects to produce c. 785koz ±5 per cent of gold and c. 66moz ±5per cent of silver and for 2022, it expects to produce c. 665koz ±5 per cent of gold and c. 71moz ±5 per cent of silver.

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