Central Asia Metals (LON:CAML) Given New GBX 215 Price Target at Canaccord Genuity Group

Central Asia Metals (LON:CAML) had its price objective increased by Canaccord Genuity Group from GBX 180 ($2.22) to GBX 215 ($2.66) in a research note issued on Friday, Digital Look reports. The firm presently has a “hold” rating on the mining company’s stock. Canaccord Genuity Group’s price objective suggests a potential upside of 5.79% from the company’s previous close.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 220 ($2.72) price objective on shares of Central Asia Metals in a research note on Tuesday, April 9th.

Central Asia Metals Stock Up 2.6 %

CAML stock opened at GBX 203.23 ($2.51) on Friday. Central Asia Metals has a one year low of GBX 150.60 ($1.86) and a one year high of GBX 225 ($2.78). The company has a 50 day moving average price of GBX 183.79 and a two-hundred day moving average price of GBX 173.29. The stock has a market capitalization of £369.68 million, a P/E ratio of 1,270.19 and a beta of 1.09. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.97 and a current ratio of 4.44.

Central Asia Metals Company Profile

Central Asia Metals plc, together with its subsidiaries, operates as a base metals producer. The company produces copper, zinc, silver, and lead. It owns a 100% interest in the Kounrad solvent extraction- electrowinning operation located near the city of Balkhash in central Kazakhstan. The company owns 100% interest in the Sasa mine located in north Macedonia.