Central Asia Metals (LON:CAML) Posts Earnings Results

Central Asia Metals (LON:CAML) released its quarterly earnings data on Wednesday. The mining company reported GBX 5.33 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 Price Performance

Shares of Central Asia Metals stock opened at GBX 151.34 on Wednesday. The stock has a market capitalization of £264.24 million, a P/E ratio of 563.86 and a beta of 1.12. Central Asia Metals has a one year low of GBX 134.46 and a one year high of GBX 205.50. The business’s 50 day simple moving average is GBX 158.48 and its two-hundred day simple moving average is GBX 157.98. The company has a debt-to-equity ratio of 0.55, a current ratio of 5.15 and a quick ratio of 1.97.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Berenberg Bank dropped their price objective on shares of Central Asia Metals from GBX 190 to GBX 180 and set a “buy” rating on the stock in a report on Monday, July 21st. Canaccord Genuity Group reaffirmed a “hold” rating and set a GBX 175 price objective on shares of Central Asia Metals in a report on Wednesday, May 21st. Finally, Royal Bank Of Canada decreased their price objective on Central Asia Metals from GBX 200 to GBX 190 and set an “outperform” rating on the stock in a report on Wednesday, July 16th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price 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.