Gavin Ferrar Purchases 12,669 Shares of Central Asia Metals (LON:CAML) Stock

Central Asia Metals plc (LON:CAML) insider Gavin Ferrar purchased 12,669 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were acquired at an average cost of GBX 158 per share, for a total transaction of £20,017.02.

Central Asia Metals Price Performance

LON CAML traded down GBX 0.60 on Friday, hitting GBX 156.20. 408,949 shares of the company’s stock were exchanged, compared to its average volume of 737,956. The stock has a 50-day moving average of GBX 155.24 and a 200-day moving average of GBX 156.69. The stock has a market cap of £270.05 million, a price-to-earnings ratio of 7.87 and a beta of 1.12. The company has a current ratio of 5.15, a quick ratio of 1.97 and a debt-to-equity ratio of 0.55. Central Asia Metals plc has a 52 week low of GBX 134.46 and a 52 week high of GBX 180.

Central Asia Metals (LON:CAML) last issued its earnings results on Wednesday, September 10th. The mining company reported GBX 5.33 EPS for the quarter. Central Asia Metals had a return on equity of 10.65% and a net margin of 20.13%. Analysts expect that Central Asia Metals plc will post 25.0194049 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CAML shares. Royal Bank Of Canada dropped their price objective on shares of Central Asia Metals from GBX 200 to GBX 190 and set an “outperform” rating for the company in a research note on Wednesday, July 16th. Canaccord Genuity Group reaffirmed a “hold” rating and issued a GBX 175 price objective on shares of Central Asia Metals in a research note on Thursday, October 16th. Berenberg Bank restated a “hold” rating and set a GBX 170 price target on shares of Central Asia Metals in a report on Wednesday, October 8th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 205 price target on shares of Central Asia Metals in a research note on Friday, October 10th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 185.

Central Asia Metals Company Profile

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.