Peel Hunt Reaffirms "Buy" Rating for Central Asia Metals (LON:CAML)

Key Points

• Peel Hunt has reaffirmed its "Buy" rating for Central Asia Metals (LON:CAML) and set a target price of GBX 205, suggesting a potential upside of 34.51% from the previous close.
• Central Asia Metals has a market capitalization of £264.89 million and reported a net margin of 20.13% with an EPS of GBX 5.33 for the last quarter.
• The stock currently holds a consensus rating of "Moderate Buy" from analysts, with varying price targets, including a hold rating from Berenberg Bank and an "outperform" rating with a reduced price target from Royal Bank of Canada.

Central Asia Metals (LON:CAML - Get Free Report)'s stock had its "buy" rating reissued by analysts at Peel Hunt in a report issued on Friday,Digital Look reports. They currently have a GBX 205 target price on the mining company's stock. Peel Hunt's price target would indicate a potential upside of 34.51% from the company's previous close.

Other research analysts also recently issued research reports about the company. Berenberg Bank reiterated a "hold" rating and issued a GBX 170 price objective on shares of Central Asia Metals in a report on Wednesday. Royal Bank Of Canada dropped their price objective on Central Asia Metals from GBX 200 to GBX 190 and set an "outperform" rating for the company in a research note on Wednesday, July 16th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, Central Asia Metals currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 185.

Central Asia Metals Price Performance

Shares of LON CAML traded up GBX 0.40 during trading hours on Friday, reaching GBX 152.40. 9,717,566 shares of the stock traded hands, compared to its average volume of 762,458. The company has a market capitalization of £264.89 million, a P/E ratio of 767.37 and a beta of 1.12. The company's 50-day simple moving average is GBX 157.21 and its two-hundred day simple moving average is GBX 157.07. 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 has a 52-week low of GBX 134.46 and a 52-week high of GBX 192.60.

Central Asia Metals (LON:CAML - Get Free Report) last posted its quarterly earnings results on Wednesday, September 10th. The mining company reported GBX 5.33 EPS for the quarter. Central Asia Metals had a net margin of 20.13% and a return on equity of 10.65%. Equities research analysts forecast that Central Asia Metals will post 25.0194049 EPS for the current year.

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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