Central Asia Metals (LON:CAML) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Posted by Caroline Horne on Nov 17th, 2024

Shares of Central Asia Metals plc (LON:CAML – Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 195.72 ($2.47) and traded as low as GBX 156 ($1.97). Central Asia Metals shares last traded at GBX 160 ($2.02), with a volume of 1,258,872 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 230 ($2.90) target price on shares of Central Asia Metals in a research report on Tuesday, September 10th.

Check Out Our Latest Stock Analysis on Central Asia Metals

Central Asia Metals Price Performance

The firm has a market capitalization of £278.35 million, a P/E ratio of 1,000.00 and a beta of 1.12. The stock’s 50 day simple moving average is GBX 181.89 and its 200 day simple moving average is GBX 195.35. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.97 and a current ratio of 5.15.

Central Asia Metals Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, October 22nd. Investors of record on Thursday, September 26th were paid a GBX 9 ($0.11) dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a yield of 5.17%. Central Asia Metals’s dividend payout ratio (DPR) is currently 11,250.00%.

Central Asia Metals Company Profile

(Get Free Report)

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.