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Central Asia Metals ( (GB:CAML) ) has issued an update.
Central Asia Metals PLC has executed a share buyback, purchasing 125,000 ordinary shares at an average price of 151.10 pence per share, as part of its previously announced buyback program. This move will reduce the number of shares in circulation, potentially increasing shareholder value and reflecting the company’s confidence in its financial health.
The most recent analyst rating on (GB:CAML) stock is a Buy with a £169.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.
Spark’s Take on GB:CAML Stock
According to Spark, TipRanks’ AI Analyst, GB:CAML is a Outperform.
Central Asia Metals’ strong financial performance and attractive valuation are key strengths, supported by robust profitability and a high dividend yield. However, technical indicators suggest mixed momentum, and operational challenges at the Sasa mine present risks. The failed acquisition also negatively impacted market sentiment.
To see Spark’s full report on GB:CAML stock, click here.
More about Central Asia Metals
Central Asia Metals is an AIM-quoted UK company based in London, owning the Kounrad SX-EW copper operation in Kazakhstan and the Sasa zinc-lead mine in North Macedonia. The company also holds an 80% interest in CAML Exploration for early-stage exploration in Kazakhstan and a 28.4% stake in Aberdeen Minerals Ltd, focusing on base metals in Scotland.
Average Trading Volume: 782,116
Technical Sentiment Signal: Sell
Current Market Cap: £262M
See more data about CAML stock on TipRanks’ Stock Analysis page.