Central Asia Metals plc (OTCMKTS:CAMLF) Short Interest Update

Central Asia Metals plc (OTCMKTS:CAMLF) saw a large increase in short interest in March. As of March 31st, there was short interest totaling 7,412 shares, an increase of 221.4% from the March 15th total of 2,306 shares. Based on an average daily volume of 1,352 shares, the short-interest ratio is presently 5.5 days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada cut Central Asia Metals from an “outperform” rating to a “sector perform” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Central Asia Metals Stock Performance

Shares of CAMLF opened at $2.26 on Friday. Central Asia Metals has a 12-month low of $1.90 and a 12-month high of $3.59. The business’s fifty day moving average is $2.62 and its 200 day moving average is $2.40.

About Central Asia Metals

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.