Centamin PLC (LSE:CEY, TSX:CEE, OTC:CELTF) should complete an airborne survey over its acreage in the current quarter, which will give a better idea of the potential for the Egypt-based gold miner going forward said Liberum.
The broker, which kept its ‘buy’ rating and 112p price target, expects a full update on its growth prospects during the current three months, having today reiterated that production over the rest of the year should recover towards 430-460,000oz
The first quarter was also expected to be particularly low due (mainly) to the underground mine transitioning to owner-operated mining, which has now been completed.