Central Asia Metals (LON:CAML) Share Price Crosses Below Two Hundred Day Moving Average - Here's What Happened

Shares of Central Asia Metals plc (LON:CAML - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 172.59 ($2.18) and traded as low as GBX 158 ($2.00). Central Asia Metals shares last traded at GBX 158.60 ($2.00), with a volume of 362,285 shares traded.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group dropped their price target on Central Asia Metals from GBX 215 ($2.72) to GBX 175 ($2.21) and set a "hold" rating on the stock in a research report on Tuesday, February 11th.

Central Asia Metals Price Performance

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 stock has a market capitalization of £358.34 million, a P/E ratio of 9.32 and a beta of 1.12. The stock has a 50 day moving average of GBX 155.95 and a 200-day moving average of GBX 171.58.

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.