Key Points
- Insider Mike Prentis bought 7,770 Central Asia Metals shares on November 4 at GBX 129 each, for a total of £10,023.30.
- The stock opened at GBX 129 and was near its 12-month low of GBX 125; its market capitalization was £219.83 million.
- Analyst sentiment is mostly neutral: MarketBeat reports a consensus Hold rating and a GBX 171.25 average price target, with one Buy and three Hold ratings.
Central Asia Metals plc (LON:CAML - Get Free Report) insider Mike Prentis bought 7,770 shares of the business's stock in a transaction on Wednesday, November 4th. The stock was bought at an average price of GBX 129 per share, for a total transaction of £10,023.30.
Central Asia Metals Price Performance
LON CAML opened at GBX 129 on Friday. The firm's fifty day simple moving average is GBX 155.03 and its two-hundred day simple moving average is GBX 162.42. The firm has a market capitalization of £219.83 million, a P/E ratio of -5.06 and a beta of 1.21. The company has a current ratio of 3.41, a quick ratio of 1.97 and a debt-to-equity ratio of 0.62. Central Asia Metals plc has a 12-month low of GBX 125 and a 12-month high of GBX 244.
Analyst Upgrades and Downgrades
CAML has been the subject of several research reports. Canaccord Genuity Group reiterated a "hold" rating and set a GBX 160 price objective on shares of Central Asia Metals in a research note on Thursday, October 15th. Peel Hunt reissued a "buy" rating and issued a GBX 205 target price on shares of Central Asia Metals in a research report on Wednesday, August 5th. Berenberg Bank reduced their target price on Central Asia Metals from GBX 190 to GBX 150 and set a "hold" rating for the company in a research note on Friday, October 30th. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and set a GBX 170 price target on shares of Central Asia Metals in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of GBX 171.25.
Check Out Our Latest Research Report on Central Asia Metals
Central Asia Metals Company Profile
(
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. 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.
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