Central Asia Metals (LON:CAML) Reaches New 1-Year High – What’s Next?

by · The Cerbat Gem

Central Asia Metals plc (LON:CAML – Get Free Report) shares reached a new 52-week high on Friday . The stock traded as high as GBX 180 and last traded at GBX 175.90, with a volume of 5831626 shares traded. The stock had previously closed at GBX 176.

Wall Street Analysts Forecast Growth

CAML has been the topic of a number of recent research reports. Peel Hunt restated a “buy” rating and set a GBX 205 price target on shares of Central Asia Metals in a research note on Friday, October 10th. Berenberg Bank reissued a “hold” rating and set a GBX 170 target price on shares of Central Asia Metals in a report on Wednesday, October 8th. Finally, Canaccord Genuity Group restated a “hold” rating and set a GBX 175 target price on shares of Central Asia Metals in a research report on Thursday, October 16th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 185.

Check Out Our Latest Stock Analysis on Central Asia Metals

Central Asia Metals Stock Down 0.1%

The stock’s fifty day moving average is GBX 159.29 and its two-hundred day moving average is GBX 158.10. The company has a current ratio of 5.15, a quick ratio of 1.97 and a debt-to-equity ratio of 0.55. The firm has a market cap of £303.03 million, a P/E ratio of 8.86 and a beta of 1.12.

Central Asia Metals (LON:CAML – Get Free Report) last announced its quarterly earnings results on Wednesday, September 10th. The mining company reported GBX 5.33 EPS for the quarter. Central Asia Metals had a net margin of 20.13% and a return on equity of 10.65%. As a group, research analysts anticipate that Central Asia Metals plc will post 25.0194049 earnings per share for the current year.

Insider Activity

In other Central Asia Metals news, insider Gavin Ferrar acquired 12,669 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was bought at an average price of GBX 158 per share, with a total value of £20,017.02. Company insiders own 9.00% of the company’s stock.

About Central Asia Metals

(Get Free Report)

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.

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