Central Asia Metals (LON:CAML) Earns “Outperform” Rating from Royal Bank of Canada

Royal Bank of Canada reaffirmed their outperform rating on shares of Central Asia Metals (LON:CAML) in a research note issued to investors on Monday, Digital Look reports. Royal Bank of Canada currently has a GBX 290 ($3.79) price objective on the mining company’s stock.

Separately, Peel Hunt cut their target price on shares of Central Asia Metals from GBX 325 ($4.25) to GBX 310 ($4.05) and set a buy rating on the stock in a research report on Wednesday, July 10th.

LON:CAML opened at GBX 187.20 ($2.45) on Monday. The firm’s 50 day simple moving average is GBX 200.72 and its 200 day simple moving average is GBX 227.50. The company has a debt-to-equity ratio of 44.48, a current ratio of 0.92 and a quick ratio of 0.70. Central Asia Metals has a one year low of GBX 176 ($2.30) and a one year high of GBX 274 ($3.58). The company has a market cap of $329.45 million and a PE ratio of 7.04.

Central Asia Metals Company Profile

Central Asia Metals plc, together with its subsidiaries, mines and explores for mineral properties. The company explores for copper, zinc, lead, silver, gold, and molybdenum deposits. The company holds a 100% interests in the solvent extraction-electro winning copper plant located near the city of Balkhash in central Kazakhstan; and Sasa mine located in north eastern Macedonia.

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