Central Asia Metals (LON:CAML) Shares Down 7.3% - Should You Sell?

Central Asia Metals plc (LON:CAML - Get Free Report) shares traded down 7.3% on Thursday . The stock traded as low as GBX 146.80 ($1.99) and last traded at GBX 149.19 ($2.03). 2,780,131 shares traded hands during mid-day trading, an increase of 385% from the average session volume of 573,622 shares. The stock had previously closed at GBX 161 ($2.19).

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Canaccord Genuity Group reissued a "hold" rating and issued a GBX 175 ($2.38) price objective on shares of Central Asia Metals in a research report on Wednesday, May 21st. Berenberg Bank reduced their target price on Central Asia Metals from GBX 230 ($3.12) to GBX 190 ($2.58) and set a "buy" rating for the company in a research report on Thursday, July 3rd.

Central Asia Metals Stock Performance

The stock has a market capitalization of £329.37 million, a P/E ratio of 8.57 and a beta of 1.12. The firm has a 50-day moving average of GBX 159.27 and a 200 day moving average of GBX 157.30. The company has a quick ratio of 1.97, a current ratio of 5.15 and a debt-to-equity ratio of 0.55.

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.