Centamin - My Largest Gold Stock Position

Written by MrStockFox. Posted in Trade Ideas

Centamin is a company I have owned for almost 2 years.  It would be tough to find a better looking chart within the Gold Sector these days.  Not only does Centamin continue making higher lows but it also pays a really nice dividend.  While other gold companies continue to lower their dividend to next to nothing, Centamin just started paying theirs and increased it to around 3%. 

About the Company:

Centamin plc is a mineral exploration, development and mining company dual listed on the London Stock Exchange (LSE: CEY) and the Toronto Stock Exchange (TSX: CEE). Centamin's principal asset, the Sukari Gold Mine, began production in 2009 and is the first large scale modern gold mine in Egypt. Our development and operating experience gives us significant advantage in acquiring and developing other gold projects.

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