Shares of Central Asia Metals Ltd (LON:CAML) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 205 ($2.68) and last traded at GBX 206.50 ($2.70), with a volume of 505563 shares. The stock had previously closed at GBX 207.50 ($2.71).
Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 350 ($4.57) price target (down previously from GBX 365 ($4.77)) on shares of Central Asia Metals in a research note on Tuesday, July 10th.
The business also recently declared a dividend, which will be paid on Friday, October 26th. Shareholders of record on Thursday, October 4th will be paid a GBX 6.50 ($0.08) dividend. This represents a yield of 2.89%. The ex-dividend date of this dividend is Thursday, October 4th.
Central Asia Metals plc, together with its subsidiaries, mines and explores for mineral properties. The company explores for copper, zinc, lead, silver, gold, and molybdenum deposits. The company holds a 100% interests in the solvent extraction-electro winning copper plant located near the city of Balkhash in central Kazakhstan; and Sasa mine located in north eastern Macedonia.
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