Central Asia Metals Ltd (LON:CAML) had its price target lifted by equities researchers at Peel Hunt from GBX 295 ($3.88) to GBX 315 ($4.14) in a report issued on Friday. The brokerage currently has a “buy” rating on the mining company’s stock. Peel Hunt’s price objective suggests a potential upside of 18.53% from the stock’s current price.

Separately, FinnCap reaffirmed an “under review” rating on shares of Central Asia Metals in a report on Friday, September 22nd.

Central Asia Metals (LON:CAML) opened at GBX 265.75 ($3.50) on Friday. Central Asia Metals has a fifty-two week low of GBX 2.59 ($0.03) and a fifty-two week high of GBX 275.50 ($3.62).

In other news, insider Kenges Rakishev sold 10,605,875 shares of the business’s stock in a transaction on Thursday, October 12th. The stock was sold at an average price of GBX 230 ($3.03), for a total transaction of £24,393,512.50 ($32,084,062.21).

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About Central Asia Metals

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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