Central Asia Metals (LON:CAML) Rating Lowered to “Hold” at Berenberg Bank

Central Asia Metals (LON:CAML) was downgraded by stock analysts at Berenberg Bank to a “hold” rating in a research report issued on Thursday, Marketbeat reports. They presently have a GBX 170 price objective on the mining company’s stock, down from their previous price objective of GBX 180. Berenberg Bank’s target price indicates a potential upside of 18.22% from the stock’s previous close.

A number of other research analysts have also recently commented on CAML. Canaccord Genuity Group reiterated a “hold” rating and issued a GBX 175 price objective on shares of Central Asia Metals in a report on Wednesday, May 21st. Royal Bank Of Canada decreased their price target on Central Asia Metals from GBX 200 to GBX 190 and set an “outperform” rating on the stock in a research note on Wednesday, July 16th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Central Asia Metals presently has a consensus rating of “Hold” and an average target price of GBX 178.33.

Central Asia Metals Trading Down 3.1%

CAML opened at GBX 143.80 on Thursday. Central Asia Metals has a one year low of GBX 134.46 and a one year high of GBX 205.50. The stock has a market capitalization of £251.08 million, a PE ratio of 535.77 and a beta of 1.12. The business’s 50 day moving average price is GBX 157.53 and its 200 day moving average price is GBX 157.79. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.97 and a current ratio of 5.15.

Central Asia Metals (LON:CAML) last released its quarterly earnings data on Wednesday, September 10th. The mining company reported GBX 5.33 EPS for the quarter. Central Asia Metals had a return on equity of 10.65% and a net margin of 20.13%. As a group, equities research analysts expect that Central Asia Metals will post 25.0194049 EPS for the current year.

Central Asia Metals Company Profile

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.