Central Asia Metals Ltd (CAML) To Go Ex-Dividend on October 6th
Central Asia Metals Ltd (LON:CAML) declared a dividend on Monday, September 12th. Shareholders of record on Thursday, October 6th will be given a dividend of GBX 5.50 ($0.07) per share by the mining company on Friday, October 28th. This represents a yield of 3.21%. The ex-dividend date of this dividend is Thursday, October 6th. The official announcement can be accessed at this link.
Central Asia Metals (LON:CAML) opened at 181.00 on Friday. The firm has a 50-day moving average price of GBX 176.66 and a 200-day moving average price of GBX 166.82. Central Asia Metals has a 12-month low of GBX 118.21 and a 12-month high of GBX 187.68. The stock’s market cap is GBX 201.92 million.
A number of equities research analysts have commented on CAML shares. Canaccord Genuity restated a “buy” rating and set a GBX 190 ($2.48) price objective on shares of Central Asia Metals in a research report on Monday, September 12th. Peel Hunt restated a “buy” rating and set a GBX 205 ($2.68) price objective on shares of Central Asia Metals in a research report on Monday, July 4th. FinnCap restated a “buy” rating and set a GBX 264 ($3.45) price objective on shares of Central Asia Metals in a research report on Monday, July 4th. Finally, Investec upgraded Central Asia Metals to a “hold” rating and raised their price objective for the stock from GBX 159 ($2.08) to GBX 168 ($2.19) in a research report on Tuesday, July 19th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 214.25 ($2.80).
Central Asia Metals Company Profile
Central Asia Metals plc is a mining and exploration company. The Company’s principal business activity is the production of copper cathode at its Kounrad operations in Kazakhstan. It also owns various exploration projects in Mongolia and holds interest in the copper tailings project in Chile. The Company operates through two segments, which consists of an SX-EW copper plant at Kounrad in Kazakhstan and the Copper Bay project in Chile.
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