Central Asia Metals (LON:CAML) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Central Asia Metals plc (LON:CAML) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 166.25 ($2.15) and traded as high as GBX 178.80 ($2.31). Central Asia Metals shares last traded at GBX 170 ($2.20), with a volume of 4,002,922 shares.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “hold” rating and set a GBX 175 ($2.27) target price on shares of Central Asia Metals in a report on Thursday, March 20th.

Central Asia Metals Stock Down 2.1 %

The company has a quick ratio of 1.97, a current ratio of 5.15 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of £379.66 million, a PE ratio of 9.88 and a beta of 1.12. The business has a 50-day moving average price of GBX 156.32 and a 200-day moving average price of GBX 166.21.

Central Asia Metals Company Profile

Central Asia Metals (CAML) is a base metals producer quoted on the AIM market of the London Stock Exchange with copper operations in Kazakhstan, and a zinc and lead mine in North Macedonia

CAML is based in London and owns 100% of the Kounrad solvent extraction and electrowinning (SX-EW) copper facility in central Kazakhstan and 100% of the Sasa zinc and lead mine in North Macedonia.