Central Asia Metals (LON:CAML) PT Raised to GBX 215 at Canaccord Genuity Group

Central Asia Metals (LON:CAML) had its price target lifted by investment analysts at Canaccord Genuity Group from GBX 180 ($2.22) to GBX 215 ($2.66) in a report released on Friday, MarketBeat.com reports. The firm presently has a “hold” rating on the mining company’s stock. Canaccord Genuity Group’s price target indicates a potential upside of 4.88% from the stock’s previous close.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 220 ($2.72) price target on shares of Central Asia Metals in a report on Tuesday, April 9th.

Central Asia Metals Price Performance

CAML stock opened at GBX 205 ($2.53) on Friday. Central Asia Metals has a 1 year low of GBX 150.60 ($1.86) and a 1 year high of GBX 225 ($2.78). The stock has a market capitalization of £372.90 million, a PE ratio of 1,281.25 and a beta of 1.09. The company’s 50-day moving average is GBX 184.58 and its 200-day moving average is GBX 173.55. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.44 and a quick ratio of 1.97.

Central Asia Metals Company Profile

Central Asia Metals plc, together with its subsidiaries, operates as a base metals producer. The company produces copper, zinc, silver, and lead. It owns a 100% interest in the Kounrad solvent extraction- electrowinning operation located near the city of Balkhash in central Kazakhstan. The company owns 100% interest in the Sasa mine located in north Macedonia.