Berenberg Bank Has Lowered Expectations for Central Asia Metals (LON:CAML) Stock Price

Central Asia Metals (LON:CAML - Get Free Report) had its price target cut by research analysts at Berenberg Bank from GBX 190 ($2.58) to GBX 180 ($2.45) in a report released on Monday, MarketBeat reports. The firm presently has a "buy" rating on the mining company's stock. Berenberg Bank's target price would suggest a potential upside of 16.28% from the company's current price.

A number of other equities research analysts have also recently weighed in on the company. Canaccord Genuity Group reaffirmed a "hold" rating and set a GBX 175 ($2.38) price target on shares of Central Asia Metals in a report on Wednesday, May 21st. Royal Bank Of Canada decreased their price target on shares of Central Asia Metals from GBX 200 ($2.72) to GBX 190 ($2.58) and set an "outperform" rating on the stock in a research report on Wednesday, July 16th.

Central Asia Metals Stock Down 1.5%

LON CAML traded down GBX 2.40 ($0.03) during trading hours on Monday, hitting GBX 154.80 ($2.10). The company had a trading volume of 444,088 shares, compared to its average volume of 611,855. The firm's 50 day moving average is GBX 157.71 and its 200 day moving average is GBX 156.64. The company has a debt-to-equity ratio of 0.55, a current ratio of 5.15 and a quick ratio of 1.97. The company has a market capitalization of £351.08 million, a price-to-earnings ratio of 9.13 and a beta of 1.12. Central Asia Metals has a fifty-two week low of GBX 134.46 ($1.83) and a fifty-two week high of GBX 205.50 ($2.79).

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.