Central Asia Metals (LON:CAML) Earns Hold Rating from Berenberg Bank

Central Asia Metals (LON:CAML)‘s stock had its “hold” rating reiterated by equities researchers at Berenberg Bank in a research note issued to investors on Wednesday, Marketbeat.com reports. They presently have a GBX 215 price target on the mining company’s stock. Berenberg Bank’s price objective points to a potential upside of 16.85% from the stock’s previous close.

CAML has been the topic of several other reports. Canaccord Genuity Group boosted their price target on shares of Central Asia Metals from GBX 175 to GBX 205 and gave the stock a “hold” rating in a report on Friday, January 23rd. Royal Bank Of Canada downgraded Central Asia Metals to a “sector perform” rating and cut their target price for the stock from GBX 220 to GBX 200 in a research note on Thursday, January 22nd. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Central Asia Metals currently has an average rating of “Hold” and an average target price of GBX 206.25.

Central Asia Metals Price Performance

CAML opened at GBX 184 on Wednesday. Central Asia Metals has a 1 year low of GBX 134.46 and a 1 year high of GBX 244. The company has a debt-to-equity ratio of 2.15, a current ratio of 1.88 and a quick ratio of 1.97. The company has a market capitalization of £314.37 million, a price-to-earnings ratio of 9.26 and a beta of 1.09. The firm’s fifty day moving average price is GBX 209.33 and its two-hundred day moving average price is GBX 177.93.

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. It is an established low-cost, diversified base-metals producer, with capacity to generate annual copper production of up to 14,000 tonnes, zinc production of up to 21,000 tonnes and lead production of up to 29,000 tonnes.

CAML was incorporated in the United Kingdom and raised $60 million at IPO in September 2010, which was used to build the Kounrad recovery plant in central Kazakhstan.