Central Asia Metals plc (OTCMKTS:CAMLF) Short Interest Update

Central Asia Metals plc (OTCMKTS:CAMLF) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 2,699 shares, a growth of 301.6% from the December 31st total of 672 shares. Based on an average daily volume of 1,404 shares, the days-to-cover ratio is currently 1.9 days. Based on an average daily volume of 1,404 shares, the days-to-cover ratio is currently 1.9 days.

Central Asia Metals Stock Performance

OTCMKTS:CAMLF opened at $3.33 on Friday. The stock’s 50-day moving average is $2.46 and its 200-day moving average is $2.22. Central Asia Metals has a 1-year low of $1.90 and a 1-year high of $3.59.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada lowered shares of Central Asia Metals from an “outperform” rating to a “sector perform” rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Central Asia Metals currently has a consensus rating of “Hold”.

About Central Asia Metals

Central Asia Metals PLC (OTCMKTS: CAMLF) is a base metals producer and explorer with a focus on copper, zinc and lead. Headquartered in London, the company operates through a portfolio of mining and processing assets in the Balkan region and Central Asia. Its core business activities encompass the extraction, processing and sale of metal concentrates, serving smelters and traders in global markets.

The company’s principal operating asset is the Sasa lead-zinc-silver mine in North Macedonia, which has been in production since 2012.