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Central Asia Metals (LON:CAML) Stock Passes Below Two Hundred Day Moving Average - Time to Sell?

Central Asia Metals logo with Basic Materials background

Central Asia Metals plc (LON:CAML - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 199.74 ($2.59) and traded as low as GBX 177.40 ($2.30). Central Asia Metals shares last traded at GBX 178 ($2.31), with a volume of 187,436 shares traded.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Canaccord Genuity Group reaffirmed a "hold" rating and issued a GBX 215 ($2.79) price target on shares of Central Asia Metals in a report on Thursday, July 11th. Berenberg Bank reissued a "buy" rating and set a GBX 230 ($2.99) target price on shares of Central Asia Metals in a research report on Tuesday, September 10th.

Check Out Our Latest Report on Central Asia Metals

Central Asia Metals Price Performance

The firm has a market capitalization of £307.58 million, a P/E ratio of 1,121.18 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 has a fifty day moving average of GBX 188.22 and a 200-day moving average of GBX 199.74.

Central Asia Metals Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, October 22nd. Investors of record on Thursday, September 26th were issued a dividend of GBX 9 ($0.12) per share. This represents a yield of 5.17%. The ex-dividend date of this dividend was Thursday, September 26th. Central Asia Metals's payout ratio is 11,250.00%.

About Central Asia Metals

(Get Free Report)

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.

See Also

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