Central Asia Metals’ (CAML) Buy Rating Reaffirmed at Peel Hunt
Peel Hunt restated their buy rating on shares of Central Asia Metals Ltd (LON:CAML) in a report published on Friday morning. The firm currently has a GBX 290 ($3.83) price objective on the mining company’s stock.
Separately, FinnCap reiterated a buy rating and set a GBX 290 ($3.83) price objective on shares of Central Asia Metals in a research note on Wednesday, July 5th.
Central Asia Metals (CAML) opened at 222.00 on Friday. The stock’s 50 day moving average is GBX 213.23 and its 200 day moving average is GBX 225.78. Central Asia Metals has a 52-week low of GBX 161.25 and a 52-week high of GBX 263.00. The company’s market cap is GBX 247.66 million.
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About Central Asia Metals
Central Asia Metals plc is a mining and exploration company. The Company’s principal business activity is the production of copper cathode at its Kounrad operations in Kazakhstan. It also owns various exploration projects in Mongolia and holds interest in the copper tailings project in Chile. The Company operates through two segments, which consists of an SX-EW copper plant at Kounrad in Kazakhstan and the Copper Bay project in Chile.
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