Operated in Kazakhstan Central Asia Metals (LON:CAML) New Price Targets

Operated in Kazakhstan Central Asia Metals (LON:CAML) New Price TargetsRecently stock market broker analysts have updated their ratings and price targets on shares of Central Asia Metals (LON:CAML). The Company’s principal business activity is the production of copper cathode at its Kounrad operations in Kazakhstan. It has operations primarily in Kazakhstan.

The latest broker reports which are currently outstanding on Wednesday 31st of August note 4 analysts have a rating of “strong buy”, 0 analysts “buy”, 1 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.

Most recent analyst ratings:

04/07/2016 – Central Asia Metals had its “Buy” rating reiterated by analysts at Canaccord Genuity. They now have a GBP 190.00p price target on the stock.

04/07/2016 – Central Asia Metals had its “Buy” rating reiterated by analysts at FinnCap. They now have a GBP 264.00p price target on the stock.

09/06/2016 – Central Asia Metals had its “Buy” rating reiterated by analysts at Canaccord Genuity. They now have a GBP 190.00p price target on the stock.

20/04/2016 – Central Asia Metals had its “Sell” rating reiterated by analysts at Investec Securities. They now have a GBP 159.00p price target on the stock.

11/04/2016 – Central Asia Metals had its “Buy” rating reiterated by analysts at Canaccord Genuity. They now have a GBP 168.00p price target on the stock.

07/04/2016 – Central Asia Metals had its “Buy” rating reiterated by analysts at FinnCap. They now have a GBP 264.00p price target on the stock.

20/01/2016 – Central Asia Metals had its “Sell” rating reiterated by analysts at Investec Securities. They now have a GBP 113.00p price target on the stock.

06/01/2016 – Central Asia Metals had its “Buy” rating reiterated by analysts at Canaccord Genuity. They now have a GBP 175.00p price target on the stock.

17/11/2015 – Central Asia Metals was downgraded to “Sell” by analysts at Investec Securities. They now have a GBP 131.00p price target on the stock.

03/11/2015 – Central Asia Metals had its “Buy” rating reiterated by analysts at Canaccord Genuity. They now have a GBP 180.00p price target on the stock.

Central Asia Metals has a 50 day moving average of 170.30 and a 200 day moving average of 161.60. The stock’s market capitalization is 198.29M, it has a 52-week low of 118.21 and a 52-week high of 187.68.

The share price of the company (LON:CAML) was up +2.16% during the last trading session, with a high of 180.00 during the day and the volume of Central Asia Metals shares traded was 18785.

Central Asia Metals plc is a United Kingdom-based mining and exploration company. The Company’s principal business activity is the production of copper cathode at its Kounrad operations in Kazakhstan. It has operations primarily in Kazakhstan. It also owns various exploration projects in Mongolia, which are held for sale and has an investment in a copper tailings project in Chile. The Company is a holding company for a group of companies, which are engaged in the processing and production of copper cathodes, from secondary mining techniques and the identification, acquisition and development of base and precious metals deposits primarily in the Central Asia region. It operates in the business segment of an SX-EW copper plant at Kounrad. The Company has produced a total of around 28,232 tons of copper at its Kounrad project. The Kounrad dumps contain around 650 million tons of material containing copper. The Eastern and Western dumps cover an area of around 22 square kilometers.

http://www.ftsenews.co.uk/

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