Central Asia Metals (LON:CAML) Insider Alison Baker Purchases 7,545 Shares

Central Asia Metals plc (LON:CAML) insider Alison Baker bought 7,545 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average price of GBX 133 per share, for a total transaction of £10,034.85.

Central Asia Metals Stock Performance

Shares of LON:CAML traded up GBX 3 during midday trading on Monday, hitting GBX 135.80. The company’s stock had a trading volume of 1,015,180 shares, compared to its average volume of 1,977,056. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.97 and a current ratio of 2.92. The stock’s 50 day simple moving average is GBX 154.32 and its 200 day simple moving average is GBX 178.44. The stock has a market capitalization of £231.41 million, a price-to-earnings ratio of -3.19 and a beta of 1.18. Central Asia Metals plc has a fifty-two week low of GBX 130 and a fifty-two week high of GBX 244.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Berenberg Bank reiterated a “hold” rating and set a GBX 190 price target on shares of Central Asia Metals in a report on Wednesday, June 3rd. Canaccord Genuity Group lowered their price objective on shares of Central Asia Metals from GBX 165 to GBX 160 and set a “hold” rating on the stock in a research note on Friday, April 17th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Central Asia Metals presently has an average rating of “Hold” and a consensus price target of GBX 188.75.

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. It is an established low-cost, diversified base-metals producer, with capacity to generate annual copper production of up to 14,000 tonnes, zinc production of up to 21,000 tonnes and lead production of up to 29,000 tonnes.

CAML was incorporated in the United Kingdom and raised $60 million at IPO in September 2010, which was used to build the Kounrad recovery plant in central Kazakhstan.