Peel Hunt Lowers Central Asia Metals (LON:CAML) Price Target to GBX 240

Central Asia Metals (LON:CAML) had its price objective decreased by Peel Hunt from GBX 290 ($3.81) to GBX 240 ($3.16) in a research note released on Monday morning, Stock Target Advisor reports. Peel Hunt currently has a buy rating on the mining company’s stock.

CAML opened at GBX 128 ($1.68) on Monday. The firm has a market capitalization of $225.32 million and a price-to-earnings ratio of 4.92. Central Asia Metals has a one year low of GBX 170.71 ($2.25) and a one year high of GBX 274 ($3.60). The business has a 50 day simple moving average of GBX 177.37 and a two-hundred day simple moving average of GBX 202.40. The company has a debt-to-equity ratio of 38.20, a current ratio of 0.88 and a quick ratio of 0.63.

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.

Featured Article: What is the Russell 2000 Index?

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.