Central Asia Metals (LON:CAML) Announces Earnings Results

Central Asia Metals (LON:CAML) released its quarterly earnings results on Wednesday. The mining company reported GBX 5.33 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Central Asia Metals had a net margin of 20.13% and a return on equity of 10.65%.

Central Asia Metals Trading Down 13.4%

LON:CAML opened at GBX 149.80 on Wednesday. The company’s 50 day moving average price is GBX 158.48 and its 200-day moving average price is GBX 157.98. Central Asia Metals has a 52 week low of GBX 134.46 and a 52 week high of GBX 205.50. 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 stock has a market cap of £261.55 million, a price-to-earnings ratio of 558.12 and a beta of 1.12.

Analyst Ratings Changes

A number of equities analysts recently issued reports on CAML shares. Royal Bank Of Canada decreased their price target 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. Berenberg Bank decreased their target price on shares of Central Asia Metals from GBX 190 to GBX 180 and set a “buy” rating for the company in a research note on Monday, July 21st. Finally, Canaccord Genuity Group reaffirmed a “hold” rating and set a GBX 175 target price on shares of Central Asia Metals in a research note on Wednesday, May 21st. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 181.67.

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.