Insider Buying: Central Asia Metals (LON:CAML) Insider Purchases £9,965.17 in Stock

Central Asia Metals plc (LON:CAML) insider Alison Baker bought 7,607 shares of Central Asia Metals stock in a transaction on Friday, October 30th. The shares were purchased at an average cost of GBX 131 per share, for a total transaction of £9,965.17.

Central Asia Metals Stock Performance

LON:CAML traded down GBX 6.80 during midday trading on Friday, reaching GBX 129.80. 3,610,406 shares of the company traded hands, compared to its average volume of 1,897,414. The firm has a market capitalization of £221.19 million, a price-to-earnings ratio of -5.09 and a beta of 1.21. The company has a fifty day moving average price of GBX 158.53 and a 200 day moving average price of GBX 164.12. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.41 and a quick ratio of 1.97. Central Asia Metals plc has a twelve month low of GBX 125.27 and a twelve month high of GBX 244.

Analyst Ratings Changes

A number of analysts recently weighed in on CAML shares. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 170 target price on shares of Central Asia Metals in a report on Tuesday, August 11th. Berenberg Bank decreased their price target on Central Asia Metals from GBX 190 to GBX 150 and set a “hold” rating for the company in a research report on Friday. Canaccord Genuity Group reaffirmed a “hold” rating and set a GBX 160 price objective on shares of Central Asia Metals in a research note on Thursday, October 15th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 205 target price on shares of Central Asia Metals in a report on Wednesday, August 5th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of GBX 171.25.

About Central Asia Metals

Central Asia Metals (CAML) is a base metals producer quoted on the AIM market of the London Stock Exchange with copper operations in Kazakhstan, and a zinc and lead mine in North Macedonia

CAML is based in London and owns 100% of the Kounrad solvent extraction and electrowinning (SX-EW) copper facility in central Kazakhstan and 100% of the Sasa zinc and lead mine in North Macedonia. It is an established low-cost, diversified base-metals producer, with capacity to generate annual copper production of up to 14,000 tonnes, zinc production of up to 21,000 tonnes and lead production of up to 29,000 tonnes.

CAML was incorporated in the United Kingdom and raised $60 million at IPO in September 2010, which was used to build the Kounrad recovery plant in central Kazakhstan.