Canaccord Genuity Group Boosts Central Asia Metals (LON:CAML) Price Target to GBX 215

Central Asia Metals (LON:CAML) had its target price upped by research analysts at Canaccord Genuity Group from GBX 180 ($2.22) to GBX 215 ($2.66) in a note issued to investors on Friday, Marketbeat.com reports. The brokerage currently has a “hold” rating on the mining company’s stock. Canaccord Genuity Group’s target price indicates a potential upside of 4.88% from the stock’s previous close.

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

Central Asia Metals Trading Up 3.5 %

CAML stock opened at GBX 205 ($2.53) on Friday. The company has a market capitalization of £372.90 million, a price-to-earnings ratio of 1,281.25 and a beta of 1.09. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.44 and a quick ratio of 1.97. Central Asia Metals has a 1-year low of GBX 150.60 ($1.86) and a 1-year high of GBX 225 ($2.78). The business has a 50 day simple moving average of GBX 184.58 and a two-hundred day simple moving average of GBX 173.55.

Central Asia Metals Company Profile

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.