Central Asia Metals plc (LON:CAML) Insider Acquires £20,035.62 in Stock

Central Asia Metals plc (LON:CAML – Get Rating) insider Gillian Davidson acquired 10,119 shares of Central Asia Metals stock in a transaction that occurred on Monday, May 22nd. The stock was purchased at an average cost of GBX 198 ($2.46) per share, with a total value of £20,035.62 ($24,919.93).

Central Asia Metals Stock Down 0.3 %

Shares of CAML opened at GBX 195.40 ($2.43) on Friday. Central Asia Metals plc has a 52-week low of GBX 190.20 ($2.37) and a 52-week high of GBX 299 ($3.72). The company has a market capitalization of £354.91 million, a PE ratio of 1,302.67 and a beta of 1.14. The stock has a fifty day simple moving average of GBX 222.23 and a two-hundred day simple moving average of GBX 247.50. The company has a quick ratio of 1.97, a current ratio of 4.17 and a debt-to-equity ratio of 0.46.

Central Asia Metals Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, May 23rd. Shareholders of record on Thursday, April 27th were paid a GBX 10 ($0.12) dividend. This represents a dividend yield of 3.98%. The ex-dividend date of this dividend was Thursday, April 27th. Central Asia Metals’s dividend payout ratio (DPR) is presently 13,333.33%.

Wall Street Analyst Weigh In

Several research analysts recently commented on CAML shares. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 265 ($3.30) price objective on shares of Central Asia Metals in a research note on Wednesday, April 12th. Berenberg Bank reissued a “buy” rating and issued a GBX 320 ($3.98) price objective on shares of Central Asia Metals in a research note on Wednesday, April 12th.

About Central Asia Metals

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Central Asia Metals plc, together with its subsidiaries, operates as a base metals producer. The company produces copper, zinc, silver, and lead. It owns a 100% interest in the Kounrad solvent extraction- electrowinning operation located near the city of Balkhash in central Kazakhstan; and a 100% interest in the Sasa mine located in north eastern Macedonia.