Central Asia Metals (LON:CAML) PT Lowered to GBX 230

Central Asia Metals (LON:CAML) had its price target cut by analysts at Berenberg Bank from GBX 240 ($3.07) to GBX 230 ($2.95) in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm currently has a “buy” rating on the mining company’s stock. Berenberg Bank’s price target would indicate a potential upside of 15.00% from the stock’s current price.

Separately, Canaccord Genuity Group reissued a “hold” rating and issued a GBX 215 ($2.75) target price on shares of Central Asia Metals in a research report on Thursday.

Central Asia Metals Stock Performance

Shares of CAML stock opened at GBX 200 ($2.56) on Thursday. Central Asia Metals has a 12 month low of GBX 150.60 ($1.93) and a 12 month high of GBX 235 ($3.01). The company has a debt-to-equity ratio of 0.48, a current ratio of 4.44 and a quick ratio of 1.97. The firm has a market capitalization of £347.94 million, a P/E ratio of 1,333.33 and a beta of 1.11. The company’s fifty day moving average price is GBX 210.91 and its two-hundred day moving average price is GBX 190.30.

Central Asia Metals Company Profile

Central Asia Metals plc, together with its subsidiaries, operates as a base metals producer. The company produces copper, zinc, silver, and lead. It owns a 100% interest in the Kounrad solvent extraction- electrowinning operation located near the city of Balkhash in central Kazakhstan. The company owns 100% interest in the Sasa mine located in north Macedonia.