What Next for Central Asia Metals Ltd Stock After Today’s Huge Increase?

 What Next for Central Asia Metals Ltd Stock After Today's Huge Increase?

The stock of Central Asia Metals Ltd (LON:CAML) is a huge mover today! The stock increased 6.17% or GBX 12.62 on November 11, hitting GBX 217.12. About 548,367 shares traded hands or 706.08% up from the average. Central Asia Metals Ltd (LON:CAML) has risen 25.14% since April 15, 2016 and is uptrending. It has outperformed by 19.00% the S&P500.
The move comes after 9 months positive chart setup for the GBX company. It was reported on Nov, 11 by Barchart.com. We have GBX 647.02 PT which if reached, will make LON:CAML worth GBX more.

Central Asia Metals Ltd (LON:CAML) Ratings Coverage

Out of 5 analysts covering Central Asia Metals PLC (LON:CAML), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. Central Asia Metals PLC has been the topic of 44 analyst reports since August 5, 2015 according to StockzIntelligence Inc. FinnCap maintained the shares of CAML in a report on Monday, March 21 with “Buy” rating. Investec maintained Central Asia Metals Ltd (LON:CAML) rating on Wednesday, January 20. Investec has “Sell” rating and GBX 113 price target. Investec downgraded Central Asia Metals Ltd (LON:CAML) rating on Monday, August 10. Investec has “Hold” rating and GBX 157 price target. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, January 6. The stock of Central Asia Metals Ltd (LON:CAML) earned “Buy” rating by FinnCap on Monday, April 11. As per Wednesday, January 13, the company rating was maintained by Peel Hunt. The firm earned “Buy” rating on Wednesday, April 27 by Peel Hunt. The stock of Central Asia Metals Ltd (LON:CAML) earned “Buy” rating by FinnCap on Monday, October 5. FinnCap maintained Central Asia Metals Ltd (LON:CAML) on Thursday, April 7 with “Buy” rating. Peel Hunt maintained the stock with “Buy” rating in Monday, June 13 report.

More news for Central Asia Metals Ltd (LON:CAML) were recently published by: Fool.Co.Uk, which released: “Anglo American plc, Central Asia Metals Ltd & Wolf Minerals Limited Are …” on March 22, 2016. Ft.com‘s article titled: “Central Asia Metals avoids pitfalls” and published on January 06, 2015 is yet another important article.

Central Asia Metals plc is a mining and exploration company. The company has a market cap of GBP. The Company’s principal business activity is the production of copper cathode at its Kounrad activities in Kazakhstan. It has a 11.21 P/E ratio. It also owns various exploration projects in Mongolia and holds interest in the copper tailings project in Chile.

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