Central Asia Metals’ (CAML) “Hold” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their hold rating on shares of Central Asia Metals (LON:CAML) in a research note issued to investors on Thursday morning, MarketBeat.com reports. The firm currently has a GBX 215 ($2.75) target price on the mining company’s stock.

Separately, Berenberg Bank reiterated a buy rating and set a GBX 220 ($2.82) price objective on shares of Central Asia Metals in a research report on Tuesday, April 9th.

Central Asia Metals Trading Down 1.7 %

CAML opened at GBX 200 ($2.56) on Thursday. The firm has a market cap of £347.94 million, a P/E ratio of 1,333.33 and a beta of 1.11. The company has a current ratio of 4.44, a quick ratio of 1.97 and a debt-to-equity ratio of 0.48. The stock has a 50-day moving average of GBX 210.91 and a 200 day moving average of GBX 190.36. Central Asia Metals has a 12 month low of GBX 150.60 ($1.93) and a 12 month high of GBX 235 ($3.01).

About Central Asia Metals

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.