Central Asia Metals (LON:CAML) Stock: Insider Alison Baker Acquires 7,607 Shares

Key Points

• Insider purchase: Alison Baker acquired 7,607 Central Asia Metals shares at GBX 131 each, spending approximately £9,965.
• Share performance: CAML shares fell to GBX 129.80 during trading, near their 12-month low of GBX 125.27 and below both their 50-day and 200-day moving averages.
• Analyst outlook: The stock has a consensus “Hold” rating from analysts, with an average price target of GBX 171.25; ratings include one Buy and three Holds.

Central Asia Metals plc (LON:CAML - Get Free Report) insider Alison Baker acquired 7,607 shares of the firm's stock in a transaction that occurred on Friday, October 30th. The shares were bought at an average cost of GBX 131 per share, for a total transaction of £9,965.17.

Central Asia Metals Price Performance

Shares of CAML stock traded down GBX 6.80 during mid-day trading on Friday, reaching GBX 129.80. The stock had a trading volume of 3,610,406 shares, compared to its average volume of 1,897,414. Central Asia Metals plc has a 12-month low of GBX 125.27 and a 12-month high of GBX 244. The company has a market cap of £221.19 million, a P/E ratio of -5.09 and a beta of 1.21. The business has a 50-day simple moving average of GBX 158.53 and a 200 day simple moving average of GBX 164.12. The company has a current ratio of 3.41, a quick ratio of 1.97 and a debt-to-equity ratio of 0.62.

Analyst Ratings Changes

Several research analysts recently issued reports on CAML shares. Canaccord Genuity Group restated a "hold" rating and set a GBX 160 price objective on shares of Central Asia Metals in a research report on Thursday, October 15th. Peel Hunt reiterated a "buy" rating and set a GBX 205 price objective on shares of Central Asia Metals in a research report on Wednesday, August 5th. Royal Bank Of Canada restated a "sector perform" rating and issued a GBX 170 target price on shares of Central Asia Metals in a report on Tuesday, August 11th. Finally, Berenberg Bank decreased their target price on shares of Central Asia Metals from GBX 190 to GBX 150 and set a "hold" rating on the stock in a research report on Friday. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of GBX 171.25.

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. It is an established low-cost, diversified base-metals producer, with capacity to generate annual copper production of up to 14,000 tonnes, zinc production of up to 21,000 tonnes and lead production of up to 29,000 tonnes. CAML was incorporated in the United Kingdom and raised $60 million at IPO in September 2010, which was used to build the Kounrad recovery plant in central Kazakhstan.

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