Central Asia Metals plc (LON:CAML - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 157.39 ($2.13) and traded as low as GBX 156.20 ($2.11). Central Asia Metals shares last traded at GBX 156.40 ($2.12), with a volume of 288,594 shares changing hands.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on CAML shares. Berenberg Bank cut their price objective on shares of Central Asia Metals from GBX 200 ($2.71) to GBX 190 ($2.57) and set a "hold" rating for the company in a report on Tuesday, April 8th. Canaccord Genuity Group reissued a "hold" rating and issued a GBX 175 ($2.37) target price on shares of Central Asia Metals in a report on Wednesday, May 21st.
Get Our Latest Report on CAML
Central Asia Metals Stock Performance
The business's fifty day moving average is GBX 158.91 and its two-hundred day moving average is GBX 157.39. 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 stock has a market capitalization of £356.53 million, a PE ratio of 9.27 and a beta of 1.12.
Insider Activity at Central Asia Metals
In related news, insider Gavin Ferrar sold 3,112 shares of the firm's stock in a transaction on Friday, March 28th. The shares were sold at an average price of GBX 172 ($2.33), for a total value of £5,352.64 ($7,247.01). 6.90% of the stock is currently owned by insiders.
About Central Asia Metals
(
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.
Further Reading
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.
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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
