FinnCap reissued their buy rating on shares of Central Asia Metals Ltd (LON:CAML) in a research report report published on Wednesday. They currently have a GBX 264 ($3.45) target price on the mining company’s stock.
Several other analysts also recently issued reports on CAML. Canaccord Genuity decreased their price objective on shares of Central Asia Metals from GBX 200 ($2.61) to GBX 190 ($2.48) and set a buy rating for the company in a report on Thursday, June 9th. Peel Hunt reaffirmed a buy rating and set a GBX 205 ($2.68) price objective on shares of Central Asia Metals in a report on Monday, June 13th. Beaufort Securities reiterated a speculative buy rating on shares of Central Asia Metals in a research note on Tuesday, July 5th. Finally, Investec upgraded shares of Central Asia Metals to a hold rating and upped their target price for the company from GBX 159 ($2.08) to GBX 168 ($2.19) in a research note on Tuesday, July 19th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of GBX 219.25 ($2.86).
Central Asia Metals (LON:CAML) traded up 4.195% on Wednesday, reaching GBX 189.375. 57,821 shares of the company’s stock were exchanged. The firm has a 50-day moving average of GBX 177.78 and a 200-day moving average of GBX 167.49. Central Asia Metals has a 12 month low of GBX 118.21 and a 12 month high of GBX 197.82. The firm’s market capitalization is GBX 211.26 million.
The firm also recently disclosed a dividend, which will be paid on Friday, October 28th. Stockholders of record on Thursday, October 6th will be paid a GBX 5.50 ($0.07) dividend. This represents a dividend yield of 3.21%. The ex-dividend date is Thursday, October 6th.
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.
Receive News & Ratings for Central Asia Metals Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Asia Metals Ltd and related companies with MarketBeat.com's FREE daily email newsletter.