Central Asia Metals (CAML) AI Stock Analysis

• Market Cap: £245.49M
• Dividend Yield: 7.16%
• Average Volume (3M): 615.84K
• Price to Earnings (P/E): 6.2
• Beta (1Y): 1.43
• Revenue Growth: 6.77%
• EPS Growth: 32.64%
• Country: UK
• Employees: 1,000
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Copper
• EPS (TTM): 0.12
• Shares Outstanding: 181,904,940
• 10 Day Avg. Volume: 991,839
• 30 Day Avg. Volume: 615,843
• PEG Ratio: 0.90
• Price to Book (P/B): 1.03
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.45
• Enterprise Value/Market Cap: 1.09
• Enterprise Value/Revenue: 0.33
• Enterprise Value/Gross Profit: 2.59
• Enterprise Value/Ebitda: 0.66
• 1Y Price Target: £185.00
• Price Target Upside: 32.71% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 70 Outperform
• Price Target: 155.00p ▲(11.19%Upside)

Central Asia Metals' overall score reflects strong financial stability and attractive valuation, bolstered by strategic acquisitions. However, technical indicators show bearish trends, which could pose short-term risks. The absence of recent earnings call data limits insights into future guidance but is offset by positive corporate events.

Central Asia Metals Business Overview & Revenue Model

Company Description

Central Asia Metals plc, together with its subsidiaries, operates as a base metals producer. The company produces copper, zinc, silver, and lead. It owns a 100% interest in the Kounrad solvent extraction- electrowinning operation located near the city of Balkhash in central Kazakhstan; and a 100% interest in the Sasa mine located in north eastern Macedonia. The company was incorporated in 2005 and is headquartered in London, the United Kingdom.

How the Company Makes Money

Central Asia Metals generates revenue through the extraction, processing, and sale of base metals, particularly copper, zinc, and lead. The company's key revenue streams include the sale of these metals to industrial and manufacturing clients globally. CAML operates the Kounrad copper recovery plant in Kazakhstan, which extracts copper from waste material (tailings) left over from previous mining operations, and the Sasa zinc-lead mine in North Macedonia. Additionally, the company may benefit from strategic partnerships with other mining firms and favorable commodity market conditions, which can influence metal prices and thus impact earnings.

Central Asia Metals Financial Statement Overview

Summary

Central Asia Metals exhibits strong profitability with solid gross and net profit margins, efficient operations, and low leverage. However, revenue growth has been inconsistent, and recent increases in capital expenditures have impacted free cash flow.

Income Statement

Central Asia Metals shows a robust gross profit margin, consistently above 45% over the years, indicating strong cost management. The net profit margin has improved from 19% in 2020 to 24% in 2024, showing enhanced profitability. However, revenue growth has been inconsistent, peaking in 2021, with subsequent fluctuations. EBIT and EBITDA margins remain solid, reflecting efficient operations.

Balance Sheet

The company has a very low debt-to-equity ratio, with total debt significantly reduced over the years, enhancing financial stability. The equity ratio is strong, consistently above 75%, indicating a healthy balance sheet with low leverage. ROE has been stable, showing effective use of equity, although slight declines in total assets and stockholders' equity in recent years are areas to watch.

Cash Flow

Operating cash flow is solid, supporting high free cash flow, indicative of strong cash generation capabilities. Free cash flow growth has been positive, but fluctuated due to varying capital expenditures. The operating cash flow to net income ratio suggests efficient cash conversion, though capital expenditures have increased recently, impacting free cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	214.44M	195.28M	220.85M	223.37M	160.13M
Gross Profit	103.50M	99.54M	131.79M	141.13M	85.90M
EBITDA	105.99M	94.93M	131.50M	141.22M	95.68M
Net Income	50.86M	37.31M	33.81M	84.18M	43.67M
Balance Sheet
Total Assets	440.29M	462.19M	443.05M	520.59M	543.47M
Cash, Cash Equivalents and Short-Term Investments	67.32M	56.83M	60.30M	55.70M	44.23M
Total Debt	1.72M	1.83M	1.70M	33.61M	81.09M
Total Liabilities	88.58M	82.13M	74.92M	111.34M	150.72M
Stockholders Equity	353.20M	381.31M	369.44M	410.56M	394.07M
Cash Flow
Free Cash Flow	53.02M	38.55M	82.45M	97.91M	58.94M
Operating Cash Flow	74.26M	66.41M	99.84M	112.61M	67.44M
Investing Cash Flow	-22.71M	-25.97M	-13.69M	-14.53M	-7.66M
Financing Cash Flow	-40.96M	-44.00M	-81.49M	-86.59M	-44.24M

Central Asia Metals Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 139.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CAML, the sentiment is Negative. The current price of 139.4 is below the 20-day moving average (MA) of 154.95, below the 50-day MA of 158.18, and below the 200-day MA of 154.86, indicating a bearish trend. The MACD of -4.78 indicates Positive momentum. The RSI at 24.82 is Positive, neither overbought nor oversold. The STOCH value of 0.24 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CAML.

Central Asia Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ATYM	77 Outperform	£672.83M	13.30	11.38%	0.95%	17.22%	97.69%
GFM	76 Outperform	£355.61M	40.98	4.18%	―	-9.69%	-26.86%
MTL	74 Outperform	£370.57M	18.49	19.64%	―	11.45%	-83.99%
CAML	70 Outperform	£245.49M	6.19	13.74%	7.16%	6.77%	32.64%
EUA	53 Neutral	£147.57M	―	-33.13%	―	220.69%	-21.05%
Sector *	44 Neutral	AU$1.42B	-6.06	-40.74%	3.89%	-3.45%	-41.76%

Central Asia Metals Corporate Events

Central Asia Metals Increases Offer for New World Resources

Central Asia Metals Plc (CAML) has increased its cash offer price to A$0.065 per share for the acquisition of New World Resources Limited (NWR), valuing NWR at approximately A$240 million. This move comes as part of a board-recommended off-market takeover bid, which CAML has declared unconditional. The offer is open for acceptance until August 18, 2025, unless extended, and follows a competing bid from Kinterra at A$0.066 per share. This acquisition is expected to strengthen CAML’s market position and expand its operational footprint.

The most recent analyst rating on (GB:CAML) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.

Central Asia Metals Reports Stable H1 2025 Operations and Strategic Expansion

Central Asia Metals PLC reported its H1 2025 operations update, highlighting zero lost time injuries and stable production levels at its Kounrad and Sasa sites. The company is advancing its Sasa capital projects, including a dry stack tailings plant and paste-fill mining transition, while revising production guidance for zinc and lead. Additionally, exploration activities are ongoing in Scotland and Kazakhstan, with financial stability reflected by a net cash position of $42.9 million. The company also announced a revised takeover offer for New World Resources Ltd, valuing it at approximately A$230 million.

The most recent analyst rating on (GB:CAML) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.

Central Asia Metals Announces Revised Takeover of New World Resources

Central Asia Metals Plc (CAML) has entered into a revised agreement to acquire all shares of New World Resources Limited (NWR) through an off-market takeover, valuing NWR at approximately A$230 million. The offer, which provides a straightforward cash exit for NWR shareholders, is recommended by the NWR board. CAML has also agreed to provide a US$6.5 million unsecured loan facility to NWR, replacing a previously proposed equity placement. The acquisition is expected to enhance CAML’s market position and provide certainty and liquidity to NWR shareholders.

The most recent analyst rating on (GB:CAML) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.

Central Asia Metals Increases Offer for New World Resources

Central Asia Metals Plc has executed a Third Deed of Variation with New World Resources Ltd to increase the cash consideration for its takeover offer to A$0.062 per share, valuing NWR at approximately A$230 million. This strategic move is part of CAML’s efforts to strengthen its market position and expand its asset portfolio, potentially impacting stakeholders by enhancing the company’s growth prospects and operational capabilities.

The most recent analyst rating on (GB:CAML) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.

Central Asia Metals Increases Stake and Offer for NWR Acquisition

Central Asia Metals Plc (CAML) has announced the acquisition of 253,018,511 shares of New World Resources Limited (NWR), representing approximately 7.1% of NWR’s issued capital, at $0.062 per share. This purchase supports CAML’s proposed acquisition of NWR’s entire share capital, with an increased offer price valuing NWR at approximately A$230 million. This strategic move is expected to enhance CAML’s market position and expand its operational footprint, potentially impacting stakeholders by increasing the company’s asset base and market influence.

The most recent analyst rating on (GB:CAML) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.

Central Asia Metals Sees Change in Major Holdings

Central Asia Metals PLC has announced a change in major holdings, with BlackRock, Inc. reducing its voting rights in the company to below 5%. This adjustment in BlackRock’s position could impact the company’s shareholder dynamics and influence its market strategy, as BlackRock is a significant player in the financial sector.

The most recent analyst rating on (GB:CAML) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.

Central Asia Metals Increases Offer for New World Resources Amid Rival Bid

Central Asia Metals Plc has executed a Second Deed of Variation with New World Resources Limited to increase the cash consideration for NWR shares to A$0.055, valuing NWR at approximately A$204 million. This move comes as NWR received a competing offer from Kinterra Capital GP Corp. for A$0.057 per share. CAML is assessing the implications of this rival bid, which could impact its strategic acquisition plans and market positioning.

The most recent analyst rating on (GB:CAML) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.

Central Asia Metals Enhances Offer for New World Resources Acquisition

Central Asia Metals PLC has revised its proposal to acquire New World Resources Limited, increasing its offer to A$0.053 per share, valuing NWR at approximately A$197 million. This transaction includes a parallel off-market takeover offer and a conditional placement of A$10 million to support NWR’s Antler Project, which is progressing faster than expected. The NWR board recommends shareholders accept the proposal, which aligns with CAML’s strategy to expand its portfolio and production capabilities.

The most recent analyst rating on (GB:CAML) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.

Central Asia Metals Grants Long-Term Share Awards to Executives

Central Asia Metals PLC announced the grant of long-term share awards to its executive directors under its Long-Term Incentive Plan 2022. The awards, which are subject to performance conditions, aim to align with shareholder interests by focusing on total shareholder return and sustainability targets. This move underscores the company’s commitment to incentivizing leadership performance and enhancing shareholder value over the long term.

The most recent analyst rating on (GB:CAML) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.

Central Asia Metals Announces Change in Voting Rights Structure

Central Asia Metals PLC has announced a change in its voting rights structure, as BlackRock, Inc. adjusted its holdings in the company. The notification indicates that BlackRock’s total voting rights in Central Asia Metals have slightly decreased to 5.57%, down from 5.63%. This adjustment in shareholding could influence the company’s governance and decision-making processes, potentially impacting its strategic direction and stakeholder interests.

The most recent analyst rating on (GB:CAML) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.

BlackRock Reduces Stake in Central Asia Metals PLC

Central Asia Metals PLC, a non-UK issuer, has been notified of a significant change in its voting rights structure due to an acquisition or disposal of voting rights by BlackRock, Inc. As of May 22, 2025, BlackRock’s total voting rights in Central Asia Metals PLC decreased from 9.55% to 5.63%, reflecting a substantial shift in shareholder influence. This change could impact the company’s governance and decision-making processes, potentially affecting its strategic direction and stakeholder interests.

The most recent analyst rating on (GB:CAML) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.

Central Asia Metals Acquires New World Resources to Boost Copper Production

Central Asia Metals Plc has announced its acquisition of New World Resources Limited for A$185 million, adding the Antler Project, a high-grade copper deposit in Arizona, to its portfolio. This strategic move is expected to more than double CAML’s copper production and cash flow, positioning the company for significant growth in the base metals sector. The acquisition is funded by existing cash reserves and a new credit facility, with the transaction anticipated to be accretive to CAML’s net asset value per share. The Antler Project’s robust economics and location in a tier-one jurisdiction offer CAML a clear pathway to project development, with ongoing support from the US administration for domestic critical minerals production.

The most recent analyst rating on (GB:CAML) stock is a Hold with a £2.10 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.

Central Asia Metals PLC Successfully Passes All AGM Resolutions

Central Asia Metals PLC announced that all resolutions proposed at their 2025 Annual General Meeting were passed. This includes the approval of the annual report, declaration of a final dividend, and re-appointments of directors and auditors, reflecting strong shareholder support and stability in company governance.

The most recent analyst rating on (GB:CAML) stock is a Buy with a £260.00 price target. To see the full list of analyst forecasts on Central Asia Metals stock, see the GB:CAML Stock Forecast page.