Central Asia Metals (LON:CAML) Given New GBX 190 Price Target at Royal Bank Of Canada

Central Asia Metals (LON:CAML - Free Report) had its price target lowered by Royal Bank Of Canada from GBX 200 ($2.68) to GBX 190 ($2.55) in a report issued on Wednesday, Marketbeat Ratings reports. The firm currently has an outperform rating on the mining company's stock.

Several other research firms have also commented on CAML. Canaccord Genuity Group reaffirmed a "hold" rating and set a GBX 175 ($2.35) price target on shares of Central Asia Metals in a research report on Wednesday, May 21st. Berenberg Bank lowered their target price on shares of Central Asia Metals from GBX 230 ($3.09) to GBX 190 ($2.55) and set a "buy" rating for the company in a research note on Thursday, July 3rd.

Central Asia Metals Price Performance

CAML stock traded up GBX 2 ($0.03) during trading on Wednesday, hitting GBX 141.40 ($1.90). The stock had a trading volume of 945,390 shares, compared to its average volume of 594,887. The stock has a market capitalization of £320.69 million, a P/E ratio of 8.34 and a beta of 1.12. The company's 50-day moving average price is GBX 157.97 and its two-hundred day moving average price is GBX 156.75. Central Asia Metals has a twelve month low of GBX 134.46 ($1.80) and a twelve month high of GBX 205.50 ($2.76). 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 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.