# Central Asia Metals PLC 52.9% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/central-asia-metals-plc-52.9-potential-upside-indicated-by-berenberg-bank/4121130334
- Published: 2023-10-20T14:21:45+01:00
- Author: Charlotte Edwards

**Central Asia Metals PLC** with ticker (LON:CAML) now has a potential upside of
52.9% according to Berenberg Bank.
Berenberg Bank set a target price of 240 GBX 
for the company, which when compared to the Central Asia Metals PLC share price 
of 157 GBX at opening today (20/10/2023) indicates a potential upside of 52.9%. 
Trading has ranged between 151 (52 week low) and 299 (52 week high) with an average
of 381,280 shares exchanging hands daily. The market capitalisation at the time 
of writing is £284,499,252.Central Asia Metals PLC is a United Kingdom-based base
metals producer. The Company’s principal business activities are the production 
of copper cathode, lead, zinc, and silver. The Company owns 100% of the Kounrad 
solvent extraction and electrowinning (SX-EW) copper project in central Kazakhstan
and 100% of the Sasa zinc-lead mine in North Macedonia. The Kounrad project is located
in Kazakhstan and is engaged in the production of copper cathodes. The Sasa project
is located in north-eastern North Macedonia, approximately 150 kilometers (km) east
of the capital city, Skopje, and 10km north of the local town, Makedonska Kamenica.
The Sasa project is engaged in the production of lead, zinc, and silver. The Company’s
subsidiaries include CAML KZ Limited, CAML MK Limited, Ken Shuak LLP, Kounrad Copper
Company LLP, Minera Playa Verde Limitada, Rudnik SASA DOOEL Makedonska Kamenica,
and Sary Kazna LLP.

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