Central Asia Metals (LON:CAML) Price Target Lowered to GBX 240 at Peel Hunt

Central Asia Metals (LON:CAML) had its price objective lowered by Peel Hunt from GBX 290 ($3.81) to GBX 240 ($3.16) in a research report report published on Monday morning, Stock Target Advisor reports. Peel Hunt currently has a buy rating on the mining company’s stock.

Shares of CAML opened at GBX 128 ($1.68) on Monday. The business’s fifty day simple moving average is GBX 177.37 and its two-hundred day simple moving average is GBX 202.40. The company has a current ratio of 0.88, a quick ratio of 0.63 and a debt-to-equity ratio of 38.20. Central Asia Metals has a 12 month low of GBX 170.71 ($2.25) and a 12 month high of GBX 274 ($3.60). The company has a market cap of $225.32 million and a price-to-earnings ratio of 4.92.

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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