Central Asia Metals (CAML) Share Price, News & Analysis

Company Overview

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. Construction of the Kounrad plant was completed in early 2012, 15% below budget with production commencing in April 2012. In November 2017, the acquisition of the Sasa zinc and lead mine in North Macedonia was completed for a total consideration of $402.5 million. Since then, there has been substantial investment into the mine through the Company’s capital projects. During 2023, CAML set up an exploration subsidiary, CAML Exploration (CAML X) with a team of early-stage exploration geologists in Kazakhstan. Potential target areas have been reviewed and remain under review. The Company expects to spend up to $3 million during 2024 on exploration work in Kazakhstan. In June 2024, CAML completed a £3 million initial investment into Aberdeen Minerals Ltd (Aberdeen) and has received warrants to invest an additional £2 million. Upon completion, Louise Wrathall, CAML Executive Director of Corporate Development, joined the Aberdeen board as a Non-Executive Director. Aberdeen has already demonstrated the presence of scalable copper-nickel-cobalt mineralisation at Arthrath, in northeast Scotland, with encouraging drilling and geophysics results, and a compelling exploration model for high-grade base-metal sulphides at depth.

Key Stats

• Today's Range: 145 to 155.20
• 50-Day Range: 145.23 to 170.80
• 52-Week Range: 134.46 to 205.50
• Volume: 1.84 million shs
• Average Volume: 584,054 shs
• Market Capitalization: £329.37 million
• P/E Ratio: 8.57
• Dividend Yield: 12.39%
• Price Target: GBX 182.50
• Consensus Rating: Moderate Buy

Central Asia Metals Stock Analysis - MarketRank™

Central Asia Metals scored higher than 68% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Central Asia Metals has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Central Asia Metals has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Central Asia Metals is 8.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Central Asia Metals is 8.57, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 92.75.

Price to Book Value per Share Ratio

Central Asia Metals has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CAML.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Central Asia Metals is a leading dividend payer. It pays a dividend yield of 7.06%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Central Asia Metals does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Central Asia Metals is 106.19%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CAML.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.39

News Sentiment

Central Asia Metals has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Central Asia Metals this week, compared to 1 article on an average week.

MarketBeat Follows

2 people have added Central Asia Metals to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Central Asia Metals insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.90% of the stock of Central Asia Metals is held by insiders.

Percentage Held by Institutions

67.83% of the stock of Central Asia Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CAML Stock Analysis - Frequently Asked Questions

How have CAML shares performed this year?

Central Asia Metals' stock was trading at GBX 157 at the start of the year. Since then, CAML shares have decreased by 7.5% and is now trading at GBX 145.23.

How do I buy shares of Central Asia Metals?

Shares of CAML stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Central Asia Metals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Central Asia Metals investors own include Ferrexpo (FXPO), Hargreaves Lansdown (HL), Aviva (AV), Mediclinic International (MDC), KAZ Minerals (KZMYY), Lloyds Banking Group (LLOY) and Glencore (GLEN).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Copper
• Sub-Industry: N/A
• Current Symbol: LON:CAML
• CIK: N/A
• Web: www.centralasiametals.com
• Phone: +44-20-78989001
• Fax: N/A
• Employees: 1,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Central Asia Metals: GBX 182.50
• High Price Target: GBX 190
• Low Price Target: GBX 175
• Potential Upside/Downside: +25.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 16.95
• Trailing P/E Ratio: 8.57
• Forward P/E Ratio: 5.80
• P/E Growth: N/A
• Net Income: £47.93 million
• Net Margins: 20.13%
• Pretax Margin: N/A
• Return on Equity: 10.65%
• Return on Assets: 9.30%

Debt

• Debt-to-Equity Ratio: 0.55
• Current Ratio: 5.15
• Quick Ratio: 1.97

Sales & Book Value

• Annual Sales: £238.15 million
• Price / Sales: 1.38
• Cash Flow: GBX 17.49 per share
• Price / Cash Flow: 8.30
• Book Value: GBX 195.07 per share
• Price / Book: 0.74

Miscellaneous

• Outstanding Shares: 226,797,967
• Free Float: N/A
• Market Cap: £329.37 million
• Optionable: Not Optionable
• Beta: 1.12