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Fly News Breaks for February 20, 2020
CELTF
Feb 20, 2020 | 05:02 EDT
BMO Capital analyst Raj Ray initiated coverage of Centamin with an Outperform rating and 175 GBp price target. The provides investors exposure to a relatively high-quality, large-scale, and long-life asset in Sukari that should be increasingly attractive in an industry that finds itself challenged by short asset lives, Ray tells investors in a research note. Assuming operational execution at Sukari over 2020, Ray sees potential for share price upside.
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