Central Asia Metals (LON:CAML) Stock Keeps “Hold” Rating at Berenberg Bank

Central Asia Metals (LON:CAML – Get Free Report)‘s stock had its “hold” rating reaffirmed by stock analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, MarketBeat reports. They currently have a GBX 190 target price on the mining company’s stock. Berenberg Bank’s price target points to a potential upside of 23.04% from the stock’s current price.

A number of other equities research analysts have also weighed in on the company. Canaccord Genuity Group restated a “hold” rating and set a GBX 160 price objective on shares of Central Asia Metals in a research report on Wednesday, October 7th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 170 target price on shares of Central Asia Metals in a research report on Tuesday, August 11th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 205 target price on shares of Central Asia Metals in a research report on Wednesday, August 5th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of GBX 181.25.

Get Central Asia Metals alerts:

View Our Latest Stock Analysis on Central Asia Metals

Central Asia Metals Stock Up 0.4%

Shares of CAML opened at GBX 154.42 on Thursday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.97 and a current ratio of 3.41. Central Asia Metals has a 52 week low of GBX 125.27 and a 52 week high of GBX 244. The stock has a market capitalization of £263.15 million, a price-to-earnings ratio of -6.06 and a beta of 1.21. The stock has a fifty day moving average of GBX 160.99 and a 200-day moving average of GBX 151.81.

Central Asia Metals Company Profile

(Get Free Report)

Central Asia Metals (CAML) is a base metals producer quoted on the AIM market of the London Stock Exchange with copper operations in Kazakhstan, and a zinc and lead mine in North Macedonia

CAML is based in London and owns 100% of the Kounrad solvent extraction and electrowinning (SX-EW) copper facility in central Kazakhstan and 100% of the Sasa zinc and lead mine in North Macedonia. It is an established low-cost, diversified base-metals producer, with capacity to generate annual copper production of up to 14,000 tonnes, zinc production of up to 21,000 tonnes and lead production of up to 29,000 tonnes.

CAML was incorporated in the United Kingdom and raised $60 million at IPO in September 2010, which was used to build the Kounrad recovery plant in central Kazakhstan.

See Also

• Five stocks we like better than Central Asia Metals
• 3 Stocks Chopped in Half: Why These Drops May Be Structural, Not a Dip
• Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
• Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally
• Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next

Receive News & Ratings for Central Asia Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Asia Metals and related companies with MarketBeat.com's FREE daily email newsletter.