Central Asia Metals plc (OTCMKTS:CAMLF) Sees Significant Increase in Short Interest

Central Asia Metals plc (OTCMKTS:CAMLFGet Free Report) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 327,453 shares, a growth of 5,489.8% from the May 31st total of 5,858 shares. Based on an average trading volume of 2,017 shares, the short-interest ratio is presently 162.3 days.

Central Asia Metals Price Performance

OTCMKTS CAMLF remained flat at $1.68 on Thursday. The business’s fifty day simple moving average is $1.95 and its two-hundred day simple moving average is $2.36. Central Asia Metals has a one year low of $1.68 and a one year high of $3.59.

About Central Asia Metals

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Central Asia Metals PLC (OTCMKTS: CAMLF) is a base metals producer and explorer with a focus on copper, zinc and lead. Headquartered in London, the company operates through a portfolio of mining and processing assets in the Balkan region and Central Asia. Its core business activities encompass the extraction, processing and sale of metal concentrates, serving smelters and traders in global markets.

The company’s principal operating asset is the Sasa lead-zinc-silver mine in North Macedonia, which has been in production since 2012.

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