Central Asia Metals plc (OTCMKTS:CAMLF – Get Free Report) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 29,199 shares, a growth of 440.7% from the April 15th total of 5,400 shares. Based on an average trading volume of 3,747 shares, the short-interest ratio is currently 7.8 days.
Central Asia Metals Price Performance
CAMLF opened at $1.87 on Wednesday. The stock’s 50-day moving average price is $2.18 and its 200 day moving average price is $2.40. Central Asia Metals has a 12-month low of $1.87 and a 12-month high of $3.59.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada cut shares of Central Asia Metals from an “outperform” rating to a “sector perform” rating in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.
About Central Asia Metals
Central Asia Metals PLC (OTCMKTS: CAMLF) is a base metals producer and explorer with a focus on copper, zinc and lead. Headquartered in London, the company operates through a portfolio of mining and processing assets in the Balkan region and Central Asia. Its core business activities encompass the extraction, processing and sale of metal concentrates, serving smelters and traders in global markets.
The company’s principal operating asset is the Sasa lead-zinc-silver mine in North Macedonia, which has been in production since 2012.
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