Central Asia Metals (LON:CAML) Hits New 1-Year Low – Time to Sell?

Central Asia Metals plc (LON:CAML)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as GBX 143.60 ($1.85) and last traded at GBX 146.60 ($1.89), with a volume of 2187658 shares changing hands. The stock had previously closed at GBX 156.80 ($2.02).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “hold” rating and set a GBX 175 ($2.26) price objective on shares of Central Asia Metals in a research note on Thursday, March 20th.

Central Asia Metals Stock Down 6.5 %

The business has a 50 day moving average of GBX 156.86 and a two-hundred day moving average of GBX 165.51. The stock has a market capitalization of £332.49 million, a PE ratio of 8.65 and a beta of 1.12. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.97 and a current ratio of 5.15.

Insider Buying and Selling at Central Asia Metals

In related news, insider Gavin Ferrar sold 3,112 shares of the company’s stock in a transaction on Friday, March 28th. The stock was sold at an average price of GBX 172 ($2.22), for a total value of £5,352.64 ($6,902.18). Insiders own 6.90% of the company’s stock.

Central Asia Metals Company Profile

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.