Central Asia Metals (OTCMKTS:CAMLF) Trading 9.6% Higher – Time to Buy?

Central Asia Metals plc (OTCMKTS:CAMLFGet Free Report) traded up 9.6% during trading on Thursday . The company traded as high as $2.80 and last traded at $2.75. 25,100 shares changed hands during trading, an increase of 213% from the average session volume of 8,025 shares. The stock had previously closed at $2.51.

Analyst Ratings Changes

Separately, Royal Bank Of Canada cut Central Asia Metals from an “outperform” rating to a “sector perform” rating in a research report on Thursday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Central Asia Metals currently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on CAMLF

Central Asia Metals Stock Performance

The firm has a 50-day moving average of $2.38 and a two-hundred day moving average of $2.19.

About Central Asia Metals

(Get Free Report)

Central Asia Metals PLC (OTCMKTS: CAMLF) is a base metals producer and explorer with a focus on copper, zinc and lead. Headquartered in London, the company operates through a portfolio of mining and processing assets in the Balkan region and Central Asia. Its core business activities encompass the extraction, processing and sale of metal concentrates, serving smelters and traders in global markets.

The company’s principal operating asset is the Sasa lead-zinc-silver mine in North Macedonia, which has been in production since 2012.

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