Central Asia Metals Buys Back and Cancels 25,000 Shares Under Ongoing Programme

Central Asia Metals ( (GB:CAML) ) just unveiled an update.

Central Asia Metals has repurchased 25,000 of its own ordinary shares at 182.5p each under its ongoing share buyback programme, with the acquired shares to be cancelled and removed from trading on AIM. Following this transaction, the company’s issued share capital will stand at 179,620,462 ordinary shares, of which 193,325 are held in treasury, a figure that will be used by investors to determine disclosure thresholds for changes in shareholdings under UK regulatory rules.

The most recent analyst rating on (GB:CAML) stock is a Hold with a £170.00 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 shows strong financial performance and stability, supported by strategic share buybacks enhancing shareholder value. While technical indicators suggest the stock is overbought, its valuation remains reasonable with an attractive dividend yield. Operational challenges at the Sasa mine are a concern but are being addressed strategically.

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-based metals producer that owns the Kounrad SX-EW copper operation in central Kazakhstan and the Sasa zinc-lead mine in North Macedonia. The company also holds an 80% stake in CAML Exploration, which focuses on early-stage exploration projects in Kazakhstan, and a 28.4% interest in Aberdeen Minerals, a privately owned UK firm pursuing base metals opportunities in northeast Scotland.

Average Trading Volume: 795,716

Technical Sentiment Signal: Strong Buy

Current Market Cap: £308M

For detailed information about CAML stock, go to TipRanks’ Stock Analysis page.