Central Asia Metals (LON:CAML) Share Price Crosses Above Two Hundred Day Moving Average of $174.77

Central Asia Metals plc (LON:CAML)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 174.77 ($2.20) and traded as high as GBX 214 ($2.69). Central Asia Metals shares last traded at GBX 212 ($2.66), with a volume of 198,326 shares.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CAML. Canaccord Genuity Group boosted their price target on Central Asia Metals from GBX 180 ($2.26) to GBX 215 ($2.70) and gave the company a “hold” rating in a report on Friday, April 26th. Berenberg Bank reiterated a “buy” rating and set a GBX 220 ($2.76) price objective on shares of Central Asia Metals in a research note on Tuesday, April 9th.

Central Asia Metals Price Performance

The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.97 and a current ratio of 4.44. The company has a market cap of £385.63 million, a P/E ratio of 1,325.00 and a beta of 1.09. The firm’s fifty day moving average is GBX 188.58 and its two-hundred day moving average is GBX 174.77.

Central Asia Metals Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Thursday, April 25th will be paid a GBX 9 ($0.11) dividend. This represents a dividend yield of 4.71%. The ex-dividend date is Thursday, April 25th. Central Asia Metals’s dividend payout ratio (DPR) is 11,250.00%.

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.