Free Trial

Berenberg Bank Issues Pessimistic Forecast for Central Asia Metals (LON:CAML) Stock Price

Central Asia Metals logo with Basic Materials background

Central Asia Metals (LON:CAML - Get Free Report) had its price target cut by equities researchers at Berenberg Bank from GBX 230 ($3.14) to GBX 190 ($2.59) in a research note issued on Thursday, Marketbeat reports. The firm currently has a "buy" rating on the mining company's stock. Berenberg Bank's price objective indicates a potential upside of 16.00% from the company's current price.

Separately, Canaccord Genuity Group reaffirmed a "hold" rating and issued a GBX 175 ($2.39) price target on shares of Central Asia Metals in a report on Wednesday, May 21st.

Get Our Latest Analysis on CAML

Central Asia Metals Trading Down 0.1%

Shares of Central Asia Metals stock traded down GBX 0.20 ($0.00) on Thursday, hitting GBX 163.80 ($2.24). 313,256 shares of the company traded hands, compared to its average volume of 557,876. The stock's 50 day moving average price is GBX 158.93 and its 200-day moving average price is GBX 157.24. The company has a current ratio of 5.15, a quick ratio of 1.97 and a debt-to-equity ratio of 0.55. Central Asia Metals has a 52 week low of GBX 134.46 ($1.84) and a 52 week high of GBX 215 ($2.94). The company has a market cap of £371.50 million, a PE ratio of 9.66 and a beta of 1.12.

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.

Featured Stories

Should You Invest $1,000 in Central Asia Metals Right Now?

Before you consider Central Asia Metals, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Central Asia Metals wasn't on the list.

While Central Asia Metals currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines