Insider Buying: Central Asia Metals (LON:CAML) Insider Purchases £20,017.02 in Stock

Central Asia Metals plc (LON:CAML) insider Gavin Ferrar bought 12,669 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The shares were purchased at an average price of GBX 158 per share, with a total value of £20,017.02.

Central Asia Metals Price Performance

Shares of CAML stock opened at GBX 156.20 on Monday. The company has a current ratio of 5.15, a quick ratio of 1.97 and a debt-to-equity ratio of 0.55. The firm’s 50 day moving average is GBX 154.97 and its 200-day moving average is GBX 156.55. Central Asia Metals plc has a 1 year low of GBX 134.46 and a 1 year high of GBX 180. The firm has a market capitalization of £270.05 million, a price-to-earnings ratio of 7.87 and a beta of 1.12.

Central Asia Metals (LON:CAML) last announced its quarterly earnings data on Wednesday, September 10th. The mining company reported GBX 5.33 earnings per share for the quarter. Central Asia Metals had a net margin of 20.13% and a return on equity of 10.65%. Sell-side analysts forecast that Central Asia Metals plc will post 25.0194049 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on CAML shares. Canaccord Genuity Group reiterated a “hold” rating and set a GBX 175 target price on shares of Central Asia Metals in a report on Thursday, October 16th. Berenberg Bank reissued a “hold” rating and set a GBX 170 target price on shares of Central Asia Metals in a report on Wednesday, October 8th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 205 price objective on shares of Central Asia Metals in a report on Friday, October 10th. Finally, Royal Bank Of Canada decreased their price objective on shares of Central Asia Metals from GBX 200 to GBX 190 and set an “outperform” rating on the stock in a research note on Wednesday, July 16th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 185.

About Central Asia Metals

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.