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

Central Asia Metals (LON:CAML)‘s stock had its “hold” rating reaffirmed by stock analysts at Berenberg Bank in a report issued on Wednesday,Digital Look reports. They presently have a GBX 190 price target on the mining company’s stock. Berenberg Bank’s price target points to a potential upside of 26.72% from the company’s current price.

Separately, Canaccord Genuity Group dropped their price target on shares of Central Asia Metals from GBX 165 to GBX 160 and set a “hold” rating on the stock in a research report on Friday, April 17th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 188.75.

Central Asia Metals Price Performance

Shares of Central Asia Metals stock opened at GBX 149.94 on Wednesday. The company has a current ratio of 2.92, a quick ratio of 1.97 and a debt-to-equity ratio of 0.76. The company’s 50-day moving average price is GBX 155.58 and its two-hundred day moving average price is GBX 178.96. Central Asia Metals has a 52 week low of GBX 139.20 and a 52 week high of GBX 244. The stock has a market cap of £255.50 million, a PE ratio of -3.52 and a beta of 1.18.

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. 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.