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Central Asia Metals Ltd 12.6% Potential Upside Indicated by finnCap

Central Asia Metals Ltd using EPIC/TICKER code LON:CAML has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ this morning by analysts at finnCap. Central Asia Metals Ltd are listed in the Basic Materials sector within AIM. finnCap have set a target price of 264 GBX on its stock. This is indicating the analyst believes there is a potential upside of 12.6% from the opening price of 234.5 GBX. Over the last 30 and 90 trading days the company share price has increased 8.25 points and increased 49.5 points respectively.

 
Central Asia Metals Ltd LON:CAML has a 50 day moving average of 225.07 GBX and a 200 day moving average of 186.60 GBX. The 1 year high stock price is 240 GBX while the 52 week low for the share price is 121.25 GBX. There are currently shares in issue with the average daily volume traded being 86,020.

 

Central Asia Metals Ltd 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.