Peel Hunt Raises Central Asia Metals (LON:CAML) Price Target to GBX 290

Central Asia Metals (LON:CAML) had its price objective raised by Peel Hunt from GBX 285 ($3.75) to GBX 290 ($3.81) in a report issued on Friday morning, Stock Target Advisor reports. Peel Hunt currently has a buy rating on the mining company’s stock.

CAML has been the subject of a number of other research reports. Shore Capital reiterated a not rated rating on shares of Central Asia Metals in a report on Tuesday, October 8th. Peel Hunt reiterated a buy rating and issued a GBX 310 ($4.08) price target on shares of Central Asia Metals in a report on Friday, September 27th. Finally, VSA Capital reiterated a buy rating on shares of Central Asia Metals in a report on Tuesday, October 8th. Four analysts have rated the stock with a buy rating, The stock has an average rating of Buy and an average price target of GBX 296.67 ($3.90).

Shares of CAML opened at GBX 224 ($2.95) on Friday. The company has a 50-day simple moving average of GBX 219.08 and a 200-day simple moving average of GBX 207.33. The company has a quick ratio of 0.63, a current ratio of 0.88 and a debt-to-equity ratio of 38.20. The company has a market capitalization of $394.21 million and a PE ratio of 8.62. Central Asia Metals has a 52-week low of GBX 176 ($2.32) and a 52-week high of GBX 274 ($3.60).

About Central Asia Metals

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.

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