Berenberg Bank Lowers Central Asia Metals (LON:CAML) Price Target to GBX 190

Central Asia Metals (LON:CAML - Free Report) had its price objective decreased by Berenberg Bank from GBX 200 ($2.62) to GBX 190 ($2.49) in a research note released on Tuesday morning, MarketBeat reports. Berenberg Bank currently has a hold rating on the mining company's stock.

Separately, Canaccord Genuity Group reaffirmed a "hold" rating and issued a GBX 175 ($2.29) price objective on shares of Central Asia Metals in a report on Thursday, March 20th.

Central Asia Metals Stock Performance

CAML traded up GBX 3 ($0.04) during trading on Tuesday, reaching GBX 155 ($2.03). 395,112 shares of the company were exchanged, compared to its average volume of 606,955. Central Asia Metals has a 52 week low of GBX 134.46 ($1.76) and a 52 week high of GBX 235 ($3.07). The company has a current ratio of 5.15, a quick ratio of 1.97 and a debt-to-equity ratio of 0.55. The firm has a 50 day moving average of GBX 156.53 and a 200 day moving average of GBX 163.59. The stock has a market cap of £351.54 million, a P/E ratio of 9.14 and a beta of 1.12.

Insider Activity

In other Central Asia Metals news, insider Gavin Ferrar sold 3,112 shares of the company's stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of GBX 172 ($2.25), for a total value of £5,352.64 ($7,003.32). Corporate insiders own 6.90% of the company's stock.

About Central Asia Metals

Central Asia Metals (CAML) is a base metals producer quoted on the AIM market of the London Stock Exchange with copper operations in Kazakhstan, and a zinc and lead mine in North Macedonia CAML is based in London and owns 100% of the Kounrad solvent extraction and electrowinning (SX-EW) copper facility in central Kazakhstan and 100% of the Sasa zinc and lead mine in North Macedonia.