Central Asia Metals (LON:CAML) Rating Reiterated by Berenberg Bank

Central Asia Metals (LON:CAML)‘s stock had its “buy” rating restated by Berenberg Bank in a note issued to investors on Tuesday, MarketBeat Ratings reports. They presently have a GBX 220 ($2.78) target price on the mining company’s stock. Berenberg Bank’s price objective suggests a potential upside of 3.04% from the stock’s previous close.

Central Asia Metals Stock Up 4.4 %

Central Asia Metals stock opened at GBX 213.50 ($2.70) on Tuesday. Central Asia Metals has a 1-year low of GBX 150.60 ($1.91) and a 1-year high of GBX 239 ($3.02). The company has a debt-to-equity ratio of 0.48, a current ratio of 4.44 and a quick ratio of 1.97. The stock has a market cap of £388.36 million, a PE ratio of 1,334.38 and a beta of 1.09. The stock’s fifty day moving average is GBX 173.61 and its two-hundred day moving average is GBX 171.44.

About Central Asia Metals

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; and a 100% interest in the Sasa mine located in north Macedonia.