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

Berenberg Bank reiterated their buy rating on shares of Central Asia Metals (LON:CAML) in a report published on Tuesday morning, Digital Look reports. Berenberg Bank currently has a GBX 230 ($3.01) price target on the mining company’s stock.

Separately, Canaccord Genuity Group reiterated a hold rating and set a GBX 215 ($2.81) price target on shares of Central Asia Metals in a research report on Thursday, July 11th.

Central Asia Metals Stock Performance

Shares of CAML opened at GBX 176.60 ($2.31) on Tuesday. Central Asia Metals has a 52-week low of GBX 150.60 ($1.97) and a 52-week high of GBX 235 ($3.07). The firm has a market capitalization of £307.23 million, a PE ratio of 1,176.99 and a beta of 1.15. The firm has a 50-day moving average price of GBX 191.91 and a 200 day moving average price of GBX 197.18. The company has a quick ratio of 1.97, a current ratio of 4.44 and a debt-to-equity ratio of 0.48.

Central Asia Metals Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, October 22nd. Investors of record on Thursday, September 26th will be issued a GBX 9 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, September 26th. This represents a dividend yield of 5.17%. Central Asia Metals’s payout ratio is currently 12,000.00%.

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.