VSA Capital Reiterates Buy Rating for Central Asia Metals (LON:CAML)

VSA Capital restated their buy rating on shares of Central Asia Metals (LON:CAML) in a report issued on Tuesday morning, ThisIsMoney.Co.Uk reports.

CAML has been the topic of several other reports. Peel Hunt reiterated a buy rating on shares of Central Asia Metals in a report on Tuesday. Peel Hunt reiterated a buy rating and issued a GBX 310 ($4.05) price target on shares of Central Asia Metals in a report on Friday, September 27th. Finally, Royal Bank of Canada reiterated an outperform rating and issued a GBX 290 ($3.79) price target on shares of Central Asia Metals in a report on Monday, August 19th. Four equities research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of Buy and an average target price of GBX 303.33 ($3.96).

Shares of LON CAML opened at GBX 200 ($2.61) on Tuesday. The company has a debt-to-equity ratio of 38.20, a quick ratio of 0.63 and a current ratio of 0.88. The business’s 50 day moving average price is GBX 193.91 and its 200-day moving average price is GBX 216.20. Central Asia Metals has a fifty-two week low of GBX 176 ($2.30) and a fifty-two week high of GBX 274 ($3.58). The company has a market cap of $349.16 million and a price-to-earnings ratio of 7.69.

The firm also recently declared a dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, October 3rd will be issued a GBX 6.50 ($0.08) dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a dividend yield of 3.39%. Central Asia Metals’s payout ratio is 0.54%.

Central Asia Metals Company Profile

Central Asia Metals plc, together with its subsidiaries, mines and explores for mineral properties. The company explores for copper, zinc, lead, silver, gold, and molybdenum deposits. The company holds a 100% interests in the solvent extraction-electro winning copper plant located near the city of Balkhash in central Kazakhstan; and Sasa mine located in north eastern Macedonia.

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