Central Asia Metals’ (CAML) “Hold” Rating Reiterated at Canaccord Genuity Group

Central Asia Metals (LON:CAML)‘s stock had its “hold” rating reaffirmed by research analysts at Canaccord Genuity Group in a report released on Thursday,London Stock Exchange reports. They currently have a GBX 175 ($2.28) target price on the mining company’s stock. Canaccord Genuity Group’s target price points to a potential upside of 4.22% from the stock’s current price.

Central Asia Metals Price Performance

LON CAML traded up GBX 8.31 ($0.11) on Thursday, reaching GBX 167.91 ($2.18). The company’s stock had a trading volume of 1,011,359 shares, compared to its average volume of 559,136. Central Asia Metals has a 52 week low of GBX 146.40 ($1.90) and a 52 week high of GBX 235 ($3.06). 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 £380.81 million, a PE ratio of 9.91 and a beta of 1.12. The business has a 50-day moving average price of GBX 154.73 and a 200 day moving average price of GBX 166.97.

Central Asia Metals Company Profile

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.