Central Asia Metals (LON:CAML) Rating Lowered to "Hold" at Berenberg Bank

Key Points

• Berenberg Bank has downgraded Central Asia Metals (LON:CAML) to a "hold" rating with a price target of GBX 170, reflecting a decrease from their previous target of GBX 180.
• The current price target suggests a potential upside of 18.08% from the stock's trading price of GBX 143.97.
• Central Asia Metals has been rated with an average rating of "Hold" by analysts, with the consensus target price being GBX 178.33.

Central Asia Metals (LON:CAML - Get Free Report) was downgraded by equities researchers at Berenberg Bank to a "hold" rating in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 170 price objective on the mining company's stock, down from their prior price objective of GBX 180. Berenberg Bank's price target would suggest a potential upside of 18.08% from the stock's current price.

Several other research analysts also recently commented on CAML. Canaccord Genuity Group reaffirmed a "hold" rating and issued a GBX 175 target price on shares of Central Asia Metals in a research note on Wednesday, May 21st. Royal Bank Of Canada decreased their target price on shares of Central Asia Metals from GBX 200 to GBX 190 and set an "outperform" rating on the stock in a research note on Wednesday, July 16th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of GBX 178.33.

Central Asia Metals Trading Down 3.0%

CAML stock opened at GBX 143.97 on Thursday. The company has a market capitalization of £251.37 million, a PE ratio of 536.40 and a beta of 1.12. Central Asia Metals has a one year low of GBX 134.46 and a one year high of GBX 205.50. The company's 50 day moving average price is GBX 157.93 and its two-hundred day moving average price is GBX 157.87. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.97 and a current ratio of 5.15.

Central Asia Metals (LON:CAML - Get Free Report) last posted its quarterly earnings results on Wednesday, September 10th. The mining company reported GBX 5.33 EPS for the quarter. Central Asia Metals had a net margin of 20.13% and a return on equity of 10.65%. As a group, analysts predict that Central Asia Metals will post 25.0194049 earnings per share for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.