Central Asia Metals (CAML) Hits New 1-Year High at $312.00

Central Asia Metals Ltd (LON:CAML) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 312 ($4.23) and last traded at GBX 308 ($4.18), with a volume of 230864 shares traded. The stock had previously closed at GBX 308 ($4.18).

CAML has been the topic of several research reports. FinnCap restated an “under review” rating on shares of Central Asia Metals in a report on Tuesday, September 12th. Peel Hunt reiterated a “buy” rating and set a GBX 295 ($4.00) price target on shares of Central Asia Metals in a research note on Thursday, October 12th.

In other news, insider Kenges Rakishev sold 10,605,875 shares of the firm’s stock in a transaction dated Thursday, October 12th. The stock was sold at an average price of GBX 230 ($3.12), for a total value of £24,393,512.50 ($33,080,434.64).

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Central Asia Metals Company Profile

Central Asia Metals plc is a mining and exploration company. The Company’s principal business activity is the production of copper cathode at its Kounrad operations in Kazakhstan. It also owns various exploration projects in Mongolia and holds interest in the copper tailings project in Chile. The Company operates through two segments, which consists of an SX-EW copper plant at Kounrad in Kazakhstan and the Copper Bay project in Chile.

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