Central Asia Metals (LON:CAML) Stock Passes Below Two Hundred Day Moving Average of $207.54
Shares of Central Asia Metals Ltd (LON:CAML) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $207.54 and traded as low as $206.00. Central Asia Metals shares last traded at $207.50, with a volume of 35,209 shares.
CAML has been the subject of a number of research analyst reports. VSA Capital reaffirmed a “buy” rating on shares of Central Asia Metals in a report on Tuesday, October 8th. Peel Hunt reiterated a “buy” rating on shares of Central Asia Metals in a research report on Tuesday, October 8th. Royal Bank of Canada reissued an “outperform” rating and set a GBX 290 ($3.79) price target on shares of Central Asia Metals in a research note on Monday, August 19th. Shore Capital restated a “not rated” rating on shares of Central Asia Metals in a report on Tuesday, October 8th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 310 ($4.05) price objective on shares of Central Asia Metals in a research note on Friday, September 27th. Four equities research analysts have rated the stock with a buy rating, Central Asia Metals presently has a consensus rating of “Buy” and an average price target of GBX 303.33 ($3.96).
The firm has a market cap of $366.93 million and a PE ratio of 8.02. The company has a debt-to-equity ratio of 38.20, a current ratio of 0.88 and a quick ratio of 0.63. The business has a 50-day moving average price of GBX 210.95 and a two-hundred day moving average price of GBX 207.37.
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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