Central Asia Metals plc (CAML) to Issue Dividend of GBX 9 on October 22nd

Central Asia Metals plc (LON:CAML) declared a dividend on Tuesday, September 10th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 26th will be paid a dividend of GBX 9 ($0.12) per share by the mining company on Tuesday, October 22nd. This represents a yield of 5.17%. The ex-dividend date is Thursday, September 26th. The official announcement can be viewed at this link.

Central Asia Metals Stock Performance

CAML opened at GBX 202.37 ($2.70) on Tuesday. The stock has a market cap of £352.06 million, a PE ratio of 1,225.00 and a beta of 1.12. Central Asia Metals has a 1 year low of GBX 150.60 ($2.01) and a 1 year high of GBX 235 ($3.14). The stock’s 50 day simple moving average is GBX 189.45 and its 200-day simple moving average is GBX 199.17. The company has a current ratio of 5.15, a quick ratio of 1.97 and a debt-to-equity ratio of 0.55.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Canaccord Genuity Group reissued a “hold” rating and set a GBX 215 ($2.87) price objective on shares of Central Asia Metals in a report on Thursday, July 11th. Berenberg Bank reiterated a “buy” rating and issued a GBX 230 ($3.07) price objective on shares of Central Asia Metals in a research report on Tuesday, September 10th.

About Central Asia Metals

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. The company owns 100% interest in the Sasa mine located in north Macedonia.