Central Asia Metals (LON:CAML) Insider Acquires £10,023.30 in Stock

Central Asia Metals plc (LON:CAML) insider Mike Prentis acquired 7,770 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was bought at an average price of GBX 129 per share, with a total value of £10,023.30.

Central Asia Metals Trading Up 2.9%

Central Asia Metals stock opened at GBX 130.94 on Thursday. Central Asia Metals plc has a one year low of GBX 125 and a one year high of GBX 244. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.41 and a quick ratio of 1.97. The company has a market capitalization of £223.13 million, a price-to-earnings ratio of -5.13 and a beta of 1.21. The company’s fifty day moving average price is GBX 156.08 and its two-hundred day moving average price is GBX 162.76.

Analysts Set New Price Targets

Several equities analysts recently issued reports on CAML shares. Canaccord Genuity Group restated a “hold” rating and issued a GBX 160 target price on shares of Central Asia Metals in a report on Thursday, October 15th. Berenberg Bank lowered their target price on Central Asia Metals from GBX 190 to GBX 150 and set a “hold” rating on the stock in a research report on Friday, October 30th. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 170 price objective on shares of Central Asia Metals in a report on Tuesday, August 11th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 205 price target on shares of Central Asia Metals in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of GBX 171.25.

About Central Asia Metals

Central Asia Metals (CAML) is a base metals producer quoted on the AIM market of the London Stock Exchange with copper operations in Kazakhstan, and a zinc and lead mine in North Macedonia

CAML is based in London and owns 100% of the Kounrad solvent extraction and electrowinning (SX-EW) copper facility in central Kazakhstan and 100% of the Sasa zinc and lead mine in North Macedonia. It is an established low-cost, diversified base-metals producer, with capacity to generate annual copper production of up to 14,000 tonnes, zinc production of up to 21,000 tonnes and lead production of up to 29,000 tonnes.

CAML was incorporated in the United Kingdom and raised $60 million at IPO in September 2010, which was used to build the Kounrad recovery plant in central Kazakhstan.