Central Asia Metals (LON:CAML) Insider Buys £10,023.30 in Stock

Central Asia Metals plc (LON:CAML) insider Mike Prentis purchased 7,770 shares of the stock in a transaction that occurred on Wednesday, November 4th. The stock was bought at an average price of GBX 129 per share, with a total value of £10,023.30.

Central Asia Metals Stock Down 1.2%

LON CAML opened at GBX 127.42 on Friday. The company has a quick ratio of 1.97, a current ratio of 3.41 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of £317.12 million, a price-to-earnings ratio of -5.00 and a beta of 1.24. Central Asia Metals plc has a 52 week low of GBX 125 and a 52 week high of GBX 244. The company has a fifty day moving average of GBX 154.09 and a two-hundred day moving average of GBX 162.

Wall Street Analyst Weigh In

CAML has been the subject of several recent analyst reports. Canaccord Genuity Group reissued a “hold” rating and issued a GBX 160 price target on shares of Central Asia Metals in a report on Thursday, October 15th. Peel Hunt restated a “buy” rating and set a GBX 205 price target on shares of Central Asia Metals in a research note on Wednesday, August 5th. Berenberg Bank cut their price objective on shares of Central Asia Metals from GBX 190 to GBX 150 and set a “hold” rating on the stock in a report on Friday, October 30th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 170 price objective on shares of Central Asia Metals in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 171.25.

About Central Asia Metals

Central Asia Metals (CAML) is a base metals producer quoted on the AIM market of the London Stock Exchange with copper operations in Kazakhstan, and a zinc and lead mine in North Macedonia

CAML is based in London and owns 100% of the Kounrad solvent extraction and electrowinning (SX-EW) copper facility in central Kazakhstan and 100% of the Sasa zinc and lead mine in North Macedonia. It is an established low-cost, diversified base-metals producer, with capacity to generate annual copper production of up to 14,000 tonnes, zinc production of up to 21,000 tonnes and lead production of up to 29,000 tonnes.

CAML was incorporated in the United Kingdom and raised $60 million at IPO in September 2010, which was used to build the Kounrad recovery plant in central Kazakhstan.