Central Asia Metals (LON:CAML) PT Raised to GBX 215 at Canaccord Genuity Group

Central Asia Metals (LON:CAML - Free Report) had its price target raised by Canaccord Genuity Group from GBX 180 ($2.22) to GBX 215 ($2.66) in a report published on Friday, MarketBeat reports. They currently have a hold rating on the mining company's stock.

Separately, Berenberg Bank restated a buy rating and issued a GBX 220 ($2.72) target price on shares of Central Asia Metals in a report on Tuesday, April 9th.

Central Asia Metals Price Performance

Shares of Central Asia Metals stock traded up GBX 7 ($0.09) during trading hours on Friday, reaching GBX 205 ($2.53). The company's stock had a trading volume of 862,287 shares, compared to its average volume of 464,716. The firm has a 50 day moving average price of GBX 184.58 and a 200-day moving average price of GBX 173.55. Central Asia Metals has a one year low of GBX 150.60 ($1.86) and a one year high of GBX 225 ($2.78). The company has a debt-to-equity ratio of 0.48, a current ratio of 4.44 and a quick ratio of 1.97. The stock has a market cap of £372.90 million, a P/E ratio of 1,281.25 and a beta of 1.09.

Central Asia Metals Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Thursday, April 25th will be given a GBX 9 ($0.11) dividend. The ex-dividend date is Thursday, April 25th. This represents a yield of 4.71%. Central Asia Metals's dividend payout ratio (DPR) is 11,250.00%.

About Central Asia Metals

Central Asia Metals plc, together with its subsidiaries, operates as a base metals producer. The company produces copper, zinc, silver, and lead. It owns a 100% interest in the Kounrad solvent extraction- electrowinning operation located near the city of Balkhash in central Kazakhstan. The company owns 100% interest in the Sasa mine located in north Macedonia.