Central Asia Metals (LON:CAML) Earns “Outperform” Rating from Royal Bank of Canada

Royal Bank of Canada restated their outperform rating on shares of Central Asia Metals (LON:CAML) in a research note issued to investors on Monday, Digital Look reports. Royal Bank of Canada currently has a GBX 290 ($3.79) price target on the mining company’s stock.

Separately, Peel Hunt cut their target price on shares of Central Asia Metals from GBX 325 ($4.25) to GBX 310 ($4.05) and set a buy rating for the company in a research note on Wednesday, July 10th.

LON CAML opened at GBX 187.20 ($2.45) on Monday. The firm has a 50-day moving average of GBX 200.72 and a 200-day moving average of GBX 227.50. The company has a debt-to-equity ratio of 44.48, a quick ratio of 0.70 and a current ratio of 0.92. The stock has a market cap of $329.45 million and a PE ratio of 7.04. Central Asia Metals has a 52-week low of GBX 176 ($2.30) and a 52-week high of GBX 274 ($3.58).

Central Asia Metals Company Profile

Central Asia Metals plc, together with its subsidiaries, mines and explores for mineral properties. The company explores for copper, zinc, lead, silver, gold, and molybdenum deposits. The company holds a 100% interests in the solvent extraction-electro winning copper plant located near the city of Balkhash in central Kazakhstan; and Sasa mine located in north eastern Macedonia.

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