Central Asia Metals plc (OTCMKTS:CAMLF) Short Interest Update

Central Asia Metals plc (OTCMKTS:CAMLF) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,699 shares, an increase of 301.6% from the December 31st total of 672 shares. Based on an average daily volume of 1,404 shares, the short-interest ratio is presently 1.9 days. Based on an average daily volume of 1,404 shares, the short-interest ratio is presently 1.9 days.

Central Asia Metals Price Performance

OTCMKTS:CAMLF traded up $0.82 during midday trading on Thursday, hitting $3.33. 3,366 shares of the stock were exchanged, compared to its average volume of 8,025. The business has a 50-day moving average price of $2.43 and a two-hundred day moving average price of $2.21. Central Asia Metals has a one year low of $1.90 and a one year high of $3.59.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada cut Central Asia Metals from an “outperform” rating to a “sector perform” rating in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently 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.