Short Interest in Central Asia Metals plc (OTCMKTS:CAMLF) Expands By 79.6%

Central Asia Metals plc (OTCMKTS:CAMLFGet Free Report) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 159,300 shares, agrowthof79.6% from the July 15th total of 88,700 shares. Based on an average trading volume of 2,300 shares, the short-interest ratio is currently 69.3 days. Based on an average trading volume of 2,300 shares, the short-interest ratio is currently 69.3 days.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Central Asia Metals in a research report on Wednesday, July 16th.

View Our Latest Stock Report on CAMLF

Central Asia Metals Stock Performance

OTCMKTS:CAMLF opened at $2.20 on Monday. Central Asia Metals has a 52 week low of $1.90 and a 52 week high of $2.65. The stock’s 50-day moving average price is $2.05 and its 200-day moving average price is $1.98.

About Central Asia Metals

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Central Asia Metals plc, together with its subsidiaries, operates as a base metals producer. The company produces copper, zinc, silver, and lead. It owns a 100% interest in the Kounrad solvent extraction- electrowinning operation located near the city of Balkhash in central Kazakhstan. The company owns 100% interest in the Sasa mine located in north Macedonia.

Further Reading

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