Central Asia Metals (CAML) Price Target Increased to GBX 315 by Analysts at Peel Hunt

Central Asia Metals (LON:CAML) had its price target increased by Peel Hunt from GBX 295 ($3.97) to GBX 315 ($4.24) in a research note published on Friday, November 24th. The firm currently has a buy rating on the mining company’s stock.

Separately, FinnCap reissued an under review rating on shares of Central Asia Metals in a report on Monday, September 4th.

Shares of Central Asia Metals (CAML) traded up GBX 5.50 ($0.07) during mid-day trading on Friday, hitting GBX 272.50 ($3.67). 435,903 shares of the stock were exchanged, compared to its average volume of 617,582. Central Asia Metals has a 52 week low of GBX 2.59 ($0.03) and a 52 week high of GBX 275.50 ($3.71).

In other Central Asia Metals news, insider Kenges Rakishev sold 10,605,875 shares of the business’s stock in a transaction on Thursday, October 12th. The stock was sold at an average price of GBX 230 ($3.10), for a total value of £24,393,512.50 ($32,831,107.00).

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Central Asia Metals Company Profile

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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