Central Asia Metals (LON:CAML) Issues Quarterly Earnings Results

Key Points

• Central Asia Metals (LON:CAML) reported earnings of GBX 5.33 per share for the quarter, with a net margin of 20.13% and return on equity of 10.65%.
• The company's stock opened at GBX 149.80 with a market capitalization of £261.55 million and a price-to-earnings ratio of 558.12.
• Analysts have set a consensus target price of GBX 181.67 for CAML shares, reflecting a "Moderate Buy" rating based on mixed assessments from several banks.

Central Asia Metals (LON:CAML - Get Free Report) announced its earnings results on Wednesday. The mining company reported GBX 5.33 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Central Asia Metals had a net margin of 20.13% and a return on equity of 10.65%.

Central Asia Metals Stock Performance

Shares of LON:CAML opened at GBX 149.80 on Wednesday. The company has a market cap of £261.55 million, a price-to-earnings ratio of 558.12 and a beta of 1.12. The company has a 50-day moving average price of GBX 158.48 and a 200-day moving average price of GBX 157.98. 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 12 month low of GBX 134.46 and a 12 month high of GBX 205.50.

Analysts Set New Price Targets

Several analysts have issued reports on CAML shares. Royal Bank Of Canada cut their price target on shares of Central Asia Metals from GBX 200 to GBX 190 and set an "outperform" rating for the company in a research report on Wednesday, July 16th. Canaccord Genuity Group restated a "hold" rating and set a GBX 175 price target on shares of Central Asia Metals in a research report on Wednesday, May 21st. Finally, Berenberg Bank cut their price target on shares of Central Asia Metals from GBX 190 to GBX 180 and set a "buy" rating for the company in a research report on Monday, July 21st. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 181.67.

About Central Asia Metals

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.

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