Central Asia Metals (LON:CAML) Reaches New 1-Year Low - Here's What Happened

Central Asia Metals plc (LON:CAML - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 143.60 ($1.83) and last traded at GBX 146.60 ($1.87), with a volume of 2187658 shares trading hands. The stock had previously closed at GBX 156.80 ($2.00).

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Berenberg Bank lowered their price objective on shares of Central Asia Metals from GBX 200 ($2.56) to GBX 190 ($2.43) and set a "hold" rating for the company in a research note on Tuesday. Canaccord Genuity Group reaffirmed a "hold" rating and set a GBX 175 ($2.24) price target on shares of Central Asia Metals in a research report on Thursday, March 20th.

Central Asia Metals Stock Performance

The firm's 50 day simple moving average is GBX 156.45 and its 200 day simple moving average is GBX 163.99. The firm has a market capitalization of £329.76 million, a price-to-earnings ratio of 8.58 and a beta of 1.12. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.97 and a current ratio of 5.15.

Insider Activity at Central Asia Metals

In other Central Asia Metals news, insider Gavin Ferrar sold 3,112 shares of the business's stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of GBX 172 ($2.20), for a total value of £5,352.64 ($6,839.56). 6.90% of the stock is currently owned by insiders.

Central Asia Metals Company Profile

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.