Shares of Central Asia Metals Ltd (LON:CAML) hit a new 52-week high on Monday . The company traded as high as GBX 329 ($4.46) and last traded at GBX 327.50 ($4.44), with a volume of 755113 shares traded. The stock had previously closed at GBX 322 ($4.37).
CAML has been the subject of a number of recent analyst reports. FinnCap reiterated an “under review” rating on shares of Central Asia Metals in a report on Friday, September 22nd. Peel Hunt reiterated a “buy” rating and set a GBX 295 ($4.00) price target on shares of Central Asia Metals in a report on Thursday, October 12th.
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About Central Asia Metals
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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