Central Asia Metals (LON:CAML) Price Target Lowered to GBX 230 at Berenberg Bank

Central Asia Metals (LON:CAML) had its target price reduced by Berenberg Bank from GBX 240 ($3.07) to GBX 230 ($2.95) in a research report report published on Thursday morning, Marketbeat reports. They currently have a buy rating on the mining company’s stock.

Separately, Canaccord Genuity Group reaffirmed a hold rating and set a GBX 215 ($2.75) target price on shares of Central Asia Metals in a report on Thursday.

Central Asia Metals Price Performance

CAML opened at GBX 200 ($2.56) on Thursday. The company has a fifty day moving average price of GBX 210.91 and a two-hundred day moving average price of GBX 190.40. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.97 and a current ratio of 4.44. Central Asia Metals has a 52 week low of GBX 150.60 ($1.93) and a 52 week high of GBX 235 ($3.01). The firm has a market capitalization of £347.94 million, a PE ratio of 1,333.33 and a beta of 1.11.

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.