Central Asia Metals (LON:CAML) Stock Rating Reaffirmed by Canaccord Genuity Group

Central Asia Metals (LON:CAMLGet Free Report)‘s stock had its “hold” rating reissued by Canaccord Genuity Group in a report released on Wednesday, MarketBeat reports. They currently have a GBX 190 ($2.38) price objective on the mining company’s stock. Canaccord Genuity Group’s price objective would suggest a potential downside of 6.86% from the company’s current price.

Other research analysts have also recently issued reports about the company. Canaccord Genuity Group restated a “buy” rating and issued a GBX 265 ($3.32) price objective on shares of Central Asia Metals in a research note on Tuesday, July 11th. Royal Bank of Canada reduced their price target on shares of Central Asia Metals from GBX 245 ($3.07) to GBX 240 ($3.00) and set an “outperform” rating for the company in a research report on Tuesday, June 13th.

View Our Latest Research Report on Central Asia Metals

Central Asia Metals Stock Performance

Shares of CAML stock opened at GBX 204 ($2.55) on Wednesday. The business has a fifty day moving average of GBX 190.36 and a 200 day moving average of GBX 208.40. Central Asia Metals has a 1 year low of GBX 169.18 ($2.12) and a 1 year high of GBX 299 ($3.74). The company has a debt-to-equity ratio of 0.46, a current ratio of 4.17 and a quick ratio of 1.97. The firm has a market capitalization of £371.08 million, a price-to-earnings ratio of 1,360.00 and a beta of 1.08.

Central Asia Metals Company Profile

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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 Macedonia.

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