The basic sector has thirteen industries all related to mining, making and delivering essential commodities. They are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; paper; silver; specialty chemicals; steel.

Today I’m reviewing a gold company It’s a mid-cap stock, Centamin Plc. It’s trading ticker symbol is CELTF. 

Centamin Plc is a mineral exploration, development, and mining company. It explores, mines, and develops precious metals in Egypt, Burkina Faso, Côte d’Ivoire, the United Kingdom, and Australia.

The company’s principal mining operations are in Egypt and Australia with exploratory operations in West Africa.

The company was founded in 1995 and is headquartered in St. Helier, Jersey, United Kingdom. 

Three key data points measure dividend equities or funds like Centamin: 

(1) Price

(2) Dividends

(3) Returns

After those three, four more keys will unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money. 

CELTF Price

Centamin’s price at Friday’s market close was $2.25 per share. A year ago its price was $2.13. That is a gain of $0.12 per share in the past year.  

Assuming Centamin’s price gains at the same pace this year, its price would grow from $2.25 to $2.37 by March 2019.

CELTF Dividends

Centamin’s most recent semi-annual dividend was $0.10 declared in January, and payable  April 6, 2018. 

The Centamin estimated annual dividend for 2018 is estimated at $0.20 to be paid in two equal $0.10 payments in April and September.

The yield from that $0.20 annual dividend was 8.88% at Friday’s $2.25 share price. 

Gains For CELTF?

Adding the $0.20 annual dividend to the $0.12 estimated price gain makes a $0.32 projected gross annual gain, which must cover any cost to trade those shares.  

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