Central Asia Metals Ltd (CAML) Price Target Raised to GBX 315 at Peel Hunt
Central Asia Metals Ltd (LON:CAML) had its target price boosted by Peel Hunt from GBX 295 ($3.88) to GBX 315 ($4.14) in a research report sent to investors on Friday morning. The brokerage currently has a buy rating on the mining company’s stock.
Separately, FinnCap reissued an under review rating on shares of Central Asia Metals in a research report on Tuesday, September 12th.
Shares of Central Asia Metals (CAML) opened at GBX 265.75 ($3.50) on Friday. Central Asia Metals has a 1 year low of GBX 2.59 ($0.03) and a 1 year high of GBX 275.50 ($3.62).
The firm also recently announced a dividend, which was paid on Friday, October 27th. Investors of record on Thursday, October 5th were given a dividend of GBX 6.50 ($0.09) per share. This represents a yield of 2.78%. The ex-dividend date was Thursday, October 5th.
In other Central Asia Metals news, insider Kenges Rakishev sold 10,605,875 shares of the stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of GBX 230 ($3.03), for a total value of £24,393,512.50 ($32,084,062.21).
Central Asia Metals Company Profile
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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