Centamin reports FY Results on Monday, 25 Feb

• Last time Centamin reported: Q3 Results, 1 Nov.
• The shares closed -2.6% for a daily range of 7.5p or 7.5%.
• Shares -1.5% from 2019 highs; +25.4% from 2019 lows; +23.5% year-to-date.
• Currently 134p (at time of writing).
• Will we see another big share price move on Monday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Centamin – An Example

Let’s say you think that Centamin results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Centamin using CFDs, at the current price of 134p. To do this, you need £2,000.

For the purpose of this example, let’s assume Centamin reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 5% below the current price. Centamin results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

This is provided for information purposes only. It should not be taken as a recommendation.