Insider Selling: Central Asia Metals Ltd (CAML) Insider Sells 10,605,875 Shares of Stock
Central Asia Metals Ltd (LON:CAML) insider Kenges Rakishev sold 10,605,875 shares of Central Asia Metals stock in a transaction on Thursday, October 12th. The shares were sold at an average price of GBX 230 ($3.02), for a total transaction of £24,393,512.50 ($32,071,407.44).
The business also recently disclosed a dividend, which will be paid on Friday, October 27th. Investors of record on Thursday, October 5th will be issued a dividend of GBX 6.50 ($0.09) per share. The ex-dividend date is Thursday, October 5th. This represents a yield of 2.78%.
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Several equities research analysts have issued reports on CAML shares. Peel Hunt reiterated a “buy” rating and issued a GBX 290 ($3.81) price target on shares of Central Asia Metals in a research note on Friday, July 28th. FinnCap reiterated a “buy” rating and issued a GBX 290 ($3.81) price target on shares of Central Asia Metals in a research note on Wednesday, July 5th.
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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