Central Asia Metals Ltd (LON:CAML) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $207.54 and traded as low as $206.00. Central Asia Metals shares last traded at $207.50, with a volume of 35,209 shares trading hands.
CAML has been the subject of several recent analyst reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 310 ($4.05) target price on shares of Central Asia Metals in a report on Friday, September 27th. Peel Hunt reissued a “buy” rating on shares of Central Asia Metals in a report on Tuesday, October 8th. Royal Bank of Canada restated an “outperform” rating and issued a GBX 290 ($3.79) price objective on shares of Central Asia Metals in a research report on Monday, August 19th. VSA Capital reaffirmed a “buy” rating on shares of Central Asia Metals in a research note on Tuesday, October 8th. Finally, Shore Capital reaffirmed a “not rated” rating on shares of Central Asia Metals in a research note on Tuesday, October 8th. Four research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of GBX 303.33 ($3.96).
The company has a current ratio of 0.88, a quick ratio of 0.63 and a debt-to-equity ratio of 38.20. The firm has a market capitalization of $365.17 million and a P/E ratio of 7.98. The company has a 50 day simple moving average of GBX 210.91 and a two-hundred day simple moving average of GBX 207.44.
Central Asia Metals plc, together with its subsidiaries, mines and explores for mineral properties. The company explores for copper, zinc, lead, silver, gold, and molybdenum deposits. The company holds a 100% interests in the solvent extraction-electro winning copper plant located near the city of Balkhash in central Kazakhstan; and Sasa mine located in north eastern Macedonia.
Recommended Story: What is a dividend reinvestment plan?
Receive News & Ratings for Central Asia Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Asia Metals and related companies with MarketBeat.com's FREE daily email newsletter.