Central Asia Metals (LON:CAML) Given "Hold" Rating at Berenberg Bank

Key Points

• Berenberg Bank has reaffirmed a "hold" rating for Central Asia Metals (CAML), with a price target of GBX 170, suggesting a potential upside of 12.29% from the stock's last close.
• Royal Bank of Canada has reduced its target price for Central Asia Metals from GBX 200 to GBX 190 while maintaining an "outperform" rating on the stock.
• The company's stock currently has a consensus rating of "hold" and an average target price of GBX 178.33, with a recent stock price of GBX 151.40 following a decline.

Central Asia Metals (LON:CAML - Get Free Report)'s stock had its "hold" rating reaffirmed by investment analysts at Berenberg Bank in a research report issued on Wednesday, Marketbeat.com reports. They currently have a GBX 170 price objective on the mining company's stock. Berenberg Bank's target price would indicate a potential upside of 12.29% from the company's previous close.

Separately, Royal Bank Of Canada lowered their target price on Central Asia Metals from GBX 200 to GBX 190 and set an "outperform" rating on the stock in a report on Wednesday, July 16th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of GBX 178.33.

Central Asia Metals Stock Performance

Shares of Central Asia Metals stock traded down GBX 0.40 during trading on Wednesday, hitting GBX 151.40. 2,296,911 shares of the company's stock traded hands, compared to its average volume of 723,331. The company has a debt-to-equity ratio of 0.55, a current ratio of 5.15 and a quick ratio of 1.97. Central Asia Metals has a 1 year low of GBX 134.46 and a 1 year high of GBX 197.60. The stock has a market capitalization of £263.16 million, a P/E ratio of 762.34 and a beta of 1.12. The business has a 50-day simple moving average of GBX 157.07 and a 200-day simple moving average of GBX 157.18.

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

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.

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