Central Asia Metals (LON:CAML) Given "Hold" Rating at Canaccord Genuity Group

Key Points

• Central Asia Metals (LON:CAML) has received a "hold" rating from Canaccord Genuity Group, with a price target of GBX 175, suggesting a potential upside of 10.48% from the current price.
• Other analysts have mixed ratings, with Peel Hunt maintaining a "buy" rating at GBX 205 and Royal Bank of Canada lowering their target from GBX 200 to GBX 190.
• The company's stock is currently trading at GBX 158.40, with a 52-week range between GBX 134.46 and GBX 188.80, and a market capitalization of £275.32 million.

Central Asia Metals (LON:CAML - Get Free Report)'s stock had its "hold" rating restated by equities researchers at Canaccord Genuity Group in a research report issued on Thursday,Digital Look reports. They presently have a GBX 175 price objective on the mining company's stock. Canaccord Genuity Group's price target indicates a potential upside of 10.48% from the stock's current price.

A number of other equities analysts have also recently commented on the company. Peel Hunt reissued a "buy" rating and set a GBX 205 target price on shares of Central Asia Metals in a report on Friday, October 10th. Royal Bank Of Canada reduced their target price on Central Asia Metals from GBX 200 to GBX 190 and set an "outperform" rating for the company in a report on Wednesday, July 16th. Finally, Berenberg Bank restated a "hold" rating and issued a GBX 170 price target on shares of Central Asia Metals in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of GBX 185.

Central Asia Metals Price Performance

Shares of Central Asia Metals stock traded down GBX 2.40 during mid-day trading on Thursday, reaching GBX 158.40. 593,735 shares of the stock traded hands, compared to its average volume of 731,900. The business has a 50-day moving average of GBX 157.74 and a 200 day moving average of GBX 156.71. Central Asia Metals has a fifty-two week low of GBX 134.46 and a fifty-two week high of GBX 188.80. The stock has a market capitalization of £275.32 million, a PE ratio of 797.58 and a beta of 1.12. The company has a quick ratio of 1.97, a current ratio of 5.15 and a debt-to-equity ratio of 0.55.

Central Asia Metals (LON:CAML - Get Free Report) last announced its earnings results 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%. On average, analysts predict that Central Asia Metals will post 25.0194049 EPS for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.