Central Asia Metals plc (OTCMKTS:CAMLF) Short Interest Down 97.1% in February

Central Asia Metals plc (OTCMKTS:CAMLF) saw a significant decline in short interest in February. As of February 13th, there was short interest totaling 186 shares, a decline of 97.1% from the January 29th total of 6,447 shares. Based on an average trading volume of 112 shares, the short-interest ratio is presently 1.7 days. Based on an average trading volume of 112 shares, the short-interest ratio is presently 1.7 days.

Central Asia Metals Trading Down 1.3%

Shares of CAMLF traded down $0.04 during mid-day trading on Wednesday, reaching $3.12. The company’s stock had a trading volume of 3,003 shares, compared to its average volume of 5,320. Central Asia Metals has a 52 week low of $1.90 and a 52 week high of $3.59. The company’s fifty day moving average price is $2.77 and its two-hundred day moving average price is $2.35.

Analyst Ratings Changes

Separately, Royal Bank Of Canada lowered Central Asia Metals from an “outperform” rating to a “sector perform” rating in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Central Asia Metals currently has an average rating of “Hold”.

Central Asia Metals Company Profile

Central Asia Metals PLC (OTCMKTS: CAMLF) is a base metals producer and explorer with a focus on copper, zinc and lead. Headquartered in London, the company operates through a portfolio of mining and processing assets in the Balkan region and Central Asia. Its core business activities encompass the extraction, processing and sale of metal concentrates, serving smelters and traders in global markets.

The company’s principal operating asset is the Sasa lead-zinc-silver mine in North Macedonia, which has been in production since 2012.