Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Central Asia Metals ( (GB:CAML) ) just unveiled an update.
Central Asia Metals announced strong financial results for 2024, with a revenue increase to $214.4 million and an EBITDA of $101.8 million. The company maintained a debt-free status and proposed a dividend of 18 pence per share. Operationally, there were slight declines in production at both Kounrad and Sasa, but significant investments were made to extend the life of the Sasa mine and improve mining methods. The company is focused on growth through exploration and potential transactions, while also achieving industry standards in tailings management.
More about Central Asia Metals
Central Asia Metals Plc, a UK-based company listed on AIM, operates the Kounrad SX-EW copper project 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.
YTD Price Performance: 1.66%
Average Trading Volume: 408,422
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £278.3M
See more insights into CAML stock on TipRanks’ Stock Analysis page.