Central Asia Metals Ltd (CAML) Receives “Buy” Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of Central Asia Metals Ltd (LON:CAML) in a report published on Wednesday. Peel Hunt currently has a GBX 295 ($3.89) price objective on the mining company’s stock.

Separately, FinnCap reissued an under review rating on shares of Central Asia Metals in a report on Monday, September 4th.

Shares of Central Asia Metals (LON:CAML) opened at GBX 243.75 ($3.22) on Wednesday.

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The business also recently declared a dividend, which was paid on Friday, October 27th. Investors of record on Thursday, October 5th were issued a GBX 6.50 ($0.09) dividend. This represents a dividend yield of 2.78%. The ex-dividend date was Thursday, October 5th.

In other Central Asia Metals news, insider Kenges Rakishev sold 10,605,875 shares of the firm’s stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of GBX 230 ($3.04), for a total value of £24,393,512.50 ($32,189,908.29).

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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