Central Asia Metals plc (LON:CAML) Insider Acquires £10,050 in Stock

Posted by Defense World Staff on May 22nd, 2023

Central Asia Metals plc (LON:CAML – Get Rating) insider David Swan bought 5,000 shares of Central Asia Metals stock in a transaction that occurred on Friday, May 19th. The stock was purchased at an average cost of GBX 201 ($2.52) per share, for a total transaction of £10,050 ($12,589.25).

Central Asia Metals Trading Down 1.0 %

LON:CAML opened at GBX 200 ($2.51) on Monday. Central Asia Metals plc has a 12-month low of GBX 190.60 ($2.39) and a 12-month high of GBX 299 ($3.75). The company has a current ratio of 4.17, a quick ratio of 1.97 and a debt-to-equity ratio of 0.46. The stock’s 50 day simple moving average is GBX 227.03 and its 200-day simple moving average is GBX 248.57. The firm has a market cap of £363.26 million, a P/E ratio of 1,333.33 and a beta of 1.14.

Central Asia Metals Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 23rd. Shareholders of record on Thursday, April 27th will be given a dividend of GBX 10 ($0.13) per share. The ex-dividend date of this dividend is Thursday, April 27th. This represents a yield of 3.98%. Central Asia Metals’s payout ratio is currently 13,333.33%.

Analysts Set New Price Targets

CAML has been the subject of several recent analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 320 ($4.01) target price on shares of Central Asia Metals in a report on Wednesday, April 12th. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 265 ($3.32) target price on shares of Central Asia Metals in a research report on Wednesday, April 12th.

About Central Asia Metals

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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; and a 100% interest in the Sasa mine located in north eastern Macedonia.