Central Asia Metals (LON:CAML) Reaches New 1-Year Low - Here's What Happened

Central Asia Metals plc (LON:CAML - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 143.60 ($1.86) and last traded at GBX 146.60 ($1.90), with a volume of 2187658 shares traded. The stock had previously closed at GBX 156.80 ($2.04).

Analysts Set New Price Targets

CAML has been the subject of a number of recent analyst reports. Canaccord Genuity Group reaffirmed a "hold" rating and set a GBX 175 ($2.27) target price on shares of Central Asia Metals in a report on Thursday, March 20th. Berenberg Bank decreased their price objective on Central Asia Metals from GBX 200 ($2.60) to GBX 190 ($2.47) and set a "hold" rating on the stock in a report on Tuesday.

Central Asia Metals Stock Performance

The company has a market cap of £344.73 million, a P/E ratio of 8.97 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. The business has a fifty day simple moving average of GBX 156.50 and a two-hundred day simple moving average of GBX 163.90.

Insider Activity

In related news, insider Gavin Ferrar sold 3,112 shares of the business's stock in a transaction on Friday, March 28th. The shares were sold at an average price of GBX 172 ($2.23), for a total value of £5,352.64 ($6,947.87). Insiders own 6.90% of the company's stock.

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.