Central Asia Metals (LON:CAML) Receives “Hold” Rating from Berenberg Bank

Berenberg Bank reaffirmed their hold rating on shares of Central Asia Metals (LON:CAML) in a research report released on Wednesday, Marketbeat reports. Berenberg Bank currently has a GBX 215 price target on the mining company’s stock.

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

Central Asia Metals Price Performance

Shares of Central Asia Metals stock opened at GBX 187.20 on Wednesday. The firm has a market cap of £319.84 million, a P/E ratio of 9.43 and a beta of 1.09. The firm’s 50-day simple moving average is GBX 209.36 and its 200-day simple moving average is GBX 177.89. Central Asia Metals has a twelve month low of GBX 134.46 and a twelve month high of GBX 244. The company has a debt-to-equity ratio of 2.15, a quick ratio of 1.97 and a current ratio of 1.88.

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.