Central Asia Metals (LON:CAML) Insider Gavin Ferrar Acquires 12,669 Shares

Central Asia Metals plc (LON:CAML) insider Gavin Ferrar acquired 12,669 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was purchased at an average cost of GBX 158 per share, with a total value of £20,017.02.

Central Asia Metals Price Performance

Shares of CAML stock traded down GBX 0.60 during mid-day trading on Friday, hitting GBX 156.20. 408,949 shares of the stock were exchanged, compared to its average volume of 737,956. Central Asia Metals plc has a 52-week low of GBX 134.46 and a 52-week high of GBX 180. The company has a quick ratio of 1.97, a current ratio of 5.15 and a debt-to-equity ratio of 0.55. The company has a market cap of £270.05 million, a PE ratio of 7.87 and a beta of 1.12. The firm has a fifty day moving average of GBX 155.24 and a 200 day moving average of GBX 156.69.

Central Asia Metals (LON:CAML) last issued its quarterly earnings data on Wednesday, September 10th. The mining company reported GBX 5.33 EPS for the quarter. Central Asia Metals had a return on equity of 10.65% and a net margin of 20.13%. Research analysts anticipate that Central Asia Metals plc will post 25.0194049 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently commented on CAML. Royal Bank Of Canada lowered their target price on shares of Central Asia Metals from GBX 200 to GBX 190 and set an “outperform” rating for the company in a research note on Wednesday, July 16th. Peel Hunt restated a “buy” rating and set a GBX 205 target price on shares of Central Asia Metals in a report on Friday, October 10th. Berenberg Bank restated a “hold” rating and set a GBX 170 price objective on shares of Central Asia Metals in a research note on Wednesday, October 8th. Finally, Canaccord Genuity Group reiterated a “hold” rating and issued a GBX 175 target price on shares of Central Asia Metals in a research report on Thursday, October 16th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 185.

Central Asia Metals Company Profile

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.