Central Asia Metals (LON:CAML) Given New GBX 215 Price Target at Canaccord Genuity Group

Central Asia Metals (LON:CAML) had its price objective lifted by Canaccord Genuity Group from GBX 180 ($2.22) to GBX 215 ($2.66) in a research report released on Friday morning, Marketbeat.com reports. They currently have a hold rating on the mining company’s stock.

Separately, Berenberg Bank reissued a buy rating and set a GBX 220 ($2.72) price objective on shares of Central Asia Metals in a research report on Tuesday, April 9th.

Central Asia Metals Stock Performance

Shares of Central Asia Metals stock opened at GBX 205 ($2.53) on Friday. Central Asia Metals has a one year low of GBX 150.60 ($1.86) and a one year high of GBX 225 ($2.78). The company has a market cap of £372.90 million, a PE ratio of 1,281.25 and a beta of 1.09. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.97 and a current ratio of 4.44. The business has a 50-day simple moving average of GBX 184.58 and a 200-day simple moving average of GBX 173.55.

Central Asia Metals Dividend Announcement

The firm also recently declared a dividend, which will be paid on Wednesday, May 22nd. Investors of record on Thursday, April 25th will be issued a GBX 9 ($0.11) dividend. This represents a yield of 4.71%. The ex-dividend date is Thursday, April 25th. Central Asia Metals’s dividend payout ratio (DPR) is 11,250.00%.

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. The company owns 100% interest in the Sasa mine located in north Macedonia.