Peel Hunt Raises Central Asia Metals Ltd (CAML) Price Target to GBX 255

CENTRAL ASIA METALS: Expected date of completion of the Acquisition and Readmission

Central Asia Metals Ltd (LON:CAML) had its target price raised by Peel Hunt from GBX 245 ($2.98) to GBX 255 ($3.10) in a research note released on Wednesday. Peel Hunt currently has a buy rating on the mining company’s stock.

CAML has been the topic of several other reports. Canaccord Genuity increased their price objective on shares of Central Asia Metals from GBX 190 ($2.31) to GBX 220 ($2.68) and gave the company a buy rating in a research report on Wednesday, September 21st. FinnCap reissued a buy rating and issued a GBX 264 ($3.21) price objective on shares of Central Asia Metals in a research report on Wednesday, October 5th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of GBX 226.75 ($2.76).

Central Asia Metals (LON:CAML) opened at 233.50 on Wednesday. The company’s market capitalization is GBX 260.49 million. Central Asia Metals has a one year low of GBX 121.25 and a one year high of GBX 240.00. The company’s 50-day moving average is GBX 225.41 and its 200 day moving average is GBX 187.99.

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.