Mining company Centamin may benefit from fear of inflation

Centamin (CEY.L) is a mid-cap gold mining company listed on the FTSE 250 that primarily operates from the Sukari gold mine in East Egypt but also has other prospective operations across North Africa. Their share price experienced strong growth from the onset of the global pandemic last March until around October last year as gold prices increased. After this, they saw a tumble as gold prices began to fall again due to vaccine programmes starting to be announced across the world.

Centamin stock is currently trading at less than half of its 52-week high, they have […]