Central Asia Metals (LON:CAML) Stock Price Down 7.3% - What's Next?

Shares of Central Asia Metals plc (LON:CAML - Get Free Report) traded down 7.3% during mid-day trading on Thursday . The company traded as low as GBX 146.80 ($1.99) and last traded at GBX 149.19 ($2.03). 2,780,131 shares changed hands during 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 Ratings Changes

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

Central Asia Metals Trading Down 7.3%

The stock has a market cap of £338.35 million, a P/E ratio of 8.80 and a beta of 1.12. The company has a debt-to-equity ratio of 0.55, a current ratio of 5.15 and a quick ratio of 1.97. The business's 50 day simple moving average is GBX 159.27 and its 200 day simple moving average is GBX 157.30.

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.

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