Central Asia Metals Ltd (LON:CAML) announced a dividend on Monday, September 12th. Investors of record on Thursday, October 6th will be given a dividend of GBX 5.50 ($0.07) per share by the mining company on Friday, October 28th. This represents a yield of 3.21%. The ex-dividend date of this dividend is Thursday, October 6th. The official announcement can be seen at this link.
Shares of Central Asia Metals (LON:CAML) opened at 180.75 on Wednesday. The company’s market cap is GBX 201.64 million. Central Asia Metals has a 52-week low of GBX 118.21 and a 52-week high of GBX 187.68. The company has a 50-day moving average price of GBX 177.31 and a 200-day moving average price of GBX 167.29.
CAML has been the topic of a number of recent research reports. Canaccord Genuity reissued a “buy” rating and issued a GBX 190 ($2.48) target price on shares of Central Asia Metals in a report on Monday, September 12th. Peel Hunt restated a “buy” rating and issued a GBX 205 ($2.68) price target on shares of Central Asia Metals in a research report on Monday, July 4th. FinnCap restated a “buy” rating and issued a GBX 264 ($3.45) price target on shares of Central Asia Metals in a research report on Monday, July 4th. Finally, Investec upgraded Central Asia Metals to a “hold” rating and upped their price target for the stock from GBX 159 ($2.08) to GBX 168 ($2.19) in a research report on Tuesday, July 19th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 214.25 ($2.80).
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.
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