Central Asia Metals plc (LON:CAML – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 194.54 ($2.53) and traded as high as GBX 195 ($2.53). Central Asia Metals shares last traded at GBX 190.20 ($2.47), with a volume of 104,129 shares changing hands.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on CAML. Berenberg Bank lowered their target price on shares of Central Asia Metals from GBX 240 ($3.12) to GBX 230 ($2.99) and set a “buy” rating on the stock in a report on Thursday, July 11th. Canaccord Genuity Group restated a “hold” rating and set a GBX 215 ($2.79) price objective on shares of Central Asia Metals in a research note on Thursday, July 11th.
Read Our Latest Stock Analysis on CAML
Central Asia Metals Stock Performance
Central Asia Metals Company Profile
Central Asia Metals plc, together with its subsidiaries, operates as a base metals producer. The company produces copper, zinc, silver, and lead. It owns a 100% interest in the Kounrad solvent extraction- electrowinning operation located near the city of Balkhash in central Kazakhstan. The company owns 100% interest in the Sasa mine located in north Macedonia.
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