Central Asia Metals (LON:CAML) Shares Down 2.5% - Should You Sell?

Central Asia Metals plc (LON:CAML - Get Free Report) dropped 2.5% during trading on Tuesday . The stock traded as low as GBX 165 ($2.10) and last traded at GBX 165.74 ($2.11). Approximately 385,763 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 455,845 shares. The stock had previously closed at GBX 170 ($2.17).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a "buy" rating and set a GBX 230 ($2.93) target price on shares of Central Asia Metals in a research note on Tuesday, September 10th.

Central Asia Metals Stock Performance

The firm has a market capitalization of £290.66 million, a PE ratio of 1,044.22 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. The business's fifty day simple moving average is GBX 173.93 and its 200-day simple moving average is GBX 188.97.

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.