Central Asia Metals (CAML)

Sector:

Mining

Index:

FTSE AIM 50

158.80p
   
  • Change Today:
    -0.40p
  • 52 Week High: 229.50
  • 52 Week Low: 152.80
  • Currency: UK Pounds
  • Shares Issued: 181.90m
  • Volume: 465,998
  • Market Cap: £288.87m
  • Beta: 1.66

Central Asia Metals reports mixed first-quarter performance

By Josh White

Date: Wednesday 12 Apr 2023

LONDON (ShareCast) - (Sharecast News) - Miner and explorer Central Asia Metals updated the market on its first quarter operations on Wednesday, at its copper and zinc-lead production facilities in Kazakhstan and North Macedonia.
The AIM-traded company said there were no lost time injuries at the Kounrad dump leach, solvent extraction, and electro-winning (SX-EW) copper recovery plant in Kazakhstan or the Sasa zinc-lead mine in North Macedonia.

It said the Kounrad plant produced 3,336 tonnes of copper in the first quarter - a slight increase from the 3,024 tonnes produced in the same period in 2022.

Meanwhile, the Sasa mine in North Macedonia produced 4,917 tonnes of zinc in concentrate and 6,618 tonnes of lead in concentrate in the first quarter of 2023, compared to 5,240 tonnes of zinc and 6,736 tonnes of lead in the same period a year ago.

Central Asia Metals confirmed its full-year 2023 guidance as well, saying it expected to produce between 13,000 and 14,000 tonnes of copper, alongside 19,000 to 21,000 tonnes of zinc in concentrate and 27,000 to 29,000 tonnes of lead in concentrate.

"We have had a solid start to 2023 with no lost-time injuries at either site and a very good first quarter of production at Kounrad," said chief executive officer Nigel Robinson.

"We are on target to meet 2023 guidance at both sites.

"We also remain on track with our development projects at Sasa to start the transition to paste fill mining in the second half, and at Kounrad with the construction of our 4.77MW solar plant."

At 1142 BST, shares in Central Asia Metals were down 0.22% at 229.5p.

Reporting by Josh White for Sharecast.com.

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CAML Market Data

Currency UK Pounds
Share Price 158.80p
Change Today -0.40p
% Change -0.25 %
52 Week High 229.50
52 Week Low 152.80
Volume 465,998
Shares Issued 181.90m
Market Cap £288.87m
Beta 1.66

CAML Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.55% above the market average91.55% above the market average91.55% above the market average91.55% above the market average91.55% above the market average
25.98% below the sector average25.98% below the sector average25.98% below the sector average25.98% below the sector average25.98% below the sector average
Price Trend
52.77% below the market average52.77% below the market average52.77% below the market average52.77% below the market average52.77% below the market average
2.19% below the sector average2.19% below the sector average2.19% below the sector average2.19% below the sector average2.19% below the sector average
Income
96.48% above the market average96.48% above the market average96.48% above the market average96.48% above the market average96.48% above the market average
70.00% above the sector average70.00% above the sector average70.00% above the sector average70.00% above the sector average70.00% above the sector average
Growth
65.65% below the market average65.65% below the market average65.65% below the market average65.65% below the market average65.65% below the market average
25.42% below the sector average25.42% below the sector average25.42% below the sector average25.42% below the sector average25.42% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CAML Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Sep-24 25-Apr-24
Paid 22-Oct-24 22-May-24
Amount 9.00p 9.00p

Trades for 21-Nov-2024

Time Volume / Share Price
16:29 20 @ 157.80p
16:29 250 @ 157.60p
16:29 2 @ 157.20p
16:29 917 @ 157.20p
16:29 10 @ 157.20p

CAML Key Personnel

CEO Gavin Ferrar

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