Central Asia Metals (LON:CAML) Stock Price Down 7.3% - Here's Why

Central Asia Metals plc (LON:CAML - Get Free Report) was down 7.3% during mid-day trading on Friday . The stock traded as low as GBX 146.80 ($1.98) and last traded at GBX 149.19 ($2.01). Approximately 2,780,131 shares were traded during mid-day trading, an increase of 385% from the average daily volume of 573,622 shares. The stock had previously closed at GBX 161 ($2.17).

Analyst Ratings Changes

Several analysts have recently issued reports on CAML shares. Canaccord Genuity Group reiterated a "hold" rating and issued a GBX 175 ($2.36) target price on shares of Central Asia Metals in a research report on Wednesday, May 21st. Berenberg Bank dropped their target price on shares of Central Asia Metals from GBX 230 ($3.10) to GBX 190 ($2.56) and set a "buy" rating on the stock in a research report on Thursday, July 3rd.

Central Asia Metals Stock Down 1.9%

The stock has a market capitalization of £329.37 million, a price-to-earnings ratio of 8.57 and a beta of 1.12. The business's 50-day moving average is GBX 159.27 and its two-hundred day moving average is 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.

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.