Central Asia Metals (LON:CAML) Sets New 52-Week Low – Should You Sell?

Central Asia Metals plc (LON:CAML) hit a new 52-week low on Thursday . The company traded as low as GBX 149.31 ($1.88) and last traded at GBX 151.40 ($1.90), with a volume of 926989 shares changing hands. The stock had previously closed at GBX 157.20 ($1.98).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 230 ($2.89) price objective on shares of Central Asia Metals in a research report on Tuesday, September 10th.

Central Asia Metals Price Performance

The company has a market cap of £270.00 million, a P/E ratio of 970.00 and a beta of 1.12. The company has a debt-to-equity ratio of 0.55, a current ratio of 5.15 and a quick ratio of 1.97. The company has a fifty day simple moving average of GBX 169.11 and a 200-day simple moving average of GBX 185.92.

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.