Central Asia Metals plc (OTCMKTS:CAMLF – Get 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
About Central Asia Metals
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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