Central Asia Metals Ltd (LON:CAML)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $207.54 and traded as low as $206.00. Central Asia Metals shares last traded at $207.50, with a volume of 35,209 shares.
A number of research firms recently issued reports on CAML. Shore Capital reissued a “not rated” rating on shares of Central Asia Metals in a research report on Tuesday, October 8th. Peel Hunt reaffirmed a “buy” rating on shares of Central Asia Metals in a research report on Tuesday, October 8th. Peel Hunt reiterated a “buy” rating and set a GBX 310 ($4.05) price objective on shares of Central Asia Metals in a research note on Friday, September 27th. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 290 ($3.79) price objective on shares of Central Asia Metals in a research report on Monday, August 19th. Finally, VSA Capital reissued a “buy” rating on shares of Central Asia Metals in a research report on Tuesday, October 8th. Four investment analysts have rated the stock with a buy rating, Central Asia Metals currently has a consensus rating of “Buy” and an average price target of GBX 303.33 ($3.96).
The firm has a fifty day moving average of GBX 210.95 and a 200-day moving average of GBX 207.37. The company has a debt-to-equity ratio of 38.20, a quick ratio of 0.63 and a current ratio of 0.88. The stock has a market capitalization of $366.93 million and a price-to-earnings ratio of 8.02.
Central Asia Metals plc, together with its subsidiaries, mines and explores for mineral properties. The company explores for copper, zinc, lead, silver, gold, and molybdenum deposits. The company holds a 100% interests in the solvent extraction-electro winning copper plant located near the city of Balkhash in central Kazakhstan; and Sasa mine located in north eastern Macedonia.
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