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BMO downgrades Centamin over lack of catalysts

Canadian bank BMO has downgraded Egypt-focused miner Centamin over what it sees as a lack of “catalysts” for the company’s share price in the mid-term.

BMO downgrades Centamin over lack of catalysts BMO downgrades Centamin over lack of catalysts BMO downgrades Centamin over lack of catalysts BMO downgrades Centamin over lack of catalysts BMO downgrades Centamin over lack of catalysts

Centamin's flagship asset: the Sukari gold mine in Egypt's Eastern Desert

BMO downgraded Centamin to "market perform" on Monday but lifted its target price for the gold miner to £2.50. Centamin's share price was £2.

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