Central Asia Metals plc (OTCMKTS:CAMLF) Sees Large Growth in Short Interest

Central Asia Metals plc (OTCMKTS:CAMLFGet Free Report) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 6,447 shares, an increase of 138.9% from the January 15th total of 2,699 shares. Based on an average daily volume of 5,794 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily volume of 5,794 shares, the days-to-cover ratio is presently 1.1 days.

Analyst Ratings Changes

Separately, Royal Bank Of Canada lowered Central Asia Metals from an “outperform” rating to a “sector perform” rating in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Central Asia Metals has a consensus rating of “Hold”.

Read Our Latest Stock Report on CAMLF

Central Asia Metals Stock Performance

OTCMKTS:CAMLF opened at $3.08 on Thursday. The stock has a 50-day moving average price of $2.63 and a 200 day moving average price of $2.29. Central Asia Metals has a 12-month low of $1.90 and a 12-month high of $3.59.

About Central Asia Metals

(Get Free Report)

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.

See Also

Receive News & Ratings for Central Asia Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Asia Metals and related companies with MarketBeat.com's FREE daily email newsletter.