Central Asia Metals plc (OTCMKTS:CAMLF) Short Interest Down 97.1% in February

Central Asia Metals plc (OTCMKTS:CAMLF) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 186 shares, a decrease of 97.1% from the January 29th total of 6,447 shares. Based on an average daily volume of 112 shares, the days-to-cover ratio is currently 1.7 days. Based on an average daily volume of 112 shares, the days-to-cover ratio is currently 1.7 days.

Central Asia Metals Stock Down 1.3%

OTCMKTS CAMLF traded down $0.04 during trading hours on Wednesday, hitting $3.12. The company had a trading volume of 3,003 shares, compared to its average volume of 5,320. Central Asia Metals has a 52 week low of $1.90 and a 52 week high of $3.59. The firm has a 50 day simple moving average of $2.77 and a 200 day simple moving average of $2.35.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada downgraded Central Asia Metals from an “outperform” rating to a “sector perform” rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

Central Asia Metals Company Profile

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.