Central Asia Metals’ (CAML) Buy Rating Reiterated at Peel Hunt

Central Asia Metals Ltd (LON:CAML)‘s stock had its “buy” rating reiterated by Peel Hunt in a report released on Thursday. They currently have a GBX 295 ($3.88) price objective on the mining company’s stock. Peel Hunt’s price objective would indicate a potential upside of 24.60% from the company’s previous close.

Separately, FinnCap reissued a “buy” rating and issued a GBX 290 ($3.81) price target on shares of Central Asia Metals in a report on Wednesday, July 5th.

Shares of Central Asia Metals (LON CAML) opened at 236.75 on Thursday. The stock has a 50 day moving average of GBX 246.05 and a 200 day moving average of GBX 227.75. The company’s market cap is GBX 264.11 million. Central Asia Metals has a 52-week low of GBX 180.00 and a 52-week high of GBX 263.00.

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Central Asia Metals Company Profile

Central Asia Metals plc is a mining and exploration company. The Company’s principal business activity is the production of copper cathode at its Kounrad operations in Kazakhstan. It also owns various exploration projects in Mongolia and holds interest in the copper tailings project in Chile. The Company operates through two segments, which consists of an SX-EW copper plant at Kounrad in Kazakhstan and the Copper Bay project in Chile.

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