Central Asia Metals (LON:CAML) Price Target Lowered to GBX 175 at Canaccord Genuity Group

Central Asia Metals (LON:CAML) had its price objective lowered by investment analysts at Canaccord Genuity Group from GBX 215 ($2.66) to GBX 175 ($2.16) in a note issued to investors on Tuesday,Digital Look reports. The brokerage currently has a “hold” rating on the mining company’s stock. Canaccord Genuity Group’s price target suggests a potential upside of 13.20% from the stock’s previous close.

Central Asia Metals Price Performance

CAML stock opened at GBX 154.60 ($1.91) on Tuesday. The stock has a market cap of £268.96 million, a price-to-earnings ratio of 966.25 and a beta of 1.12. The company has a debt-to-equity ratio of 0.55, a current ratio of 5.15 and a quick ratio of 1.97. The company has a 50 day simple moving average of GBX 157.48 and a 200 day simple moving average of GBX 174.11. Central Asia Metals has a 1 year low of GBX 146.40 ($1.81) and a 1 year high of GBX 235 ($2.90).

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.