Central Asia Metals (CAML) AI Stock Analysis

• Market Cap: £282.50M
• Dividend Yield: 6.41%
• Average Volume (3M): 505.54K
• Price to Earnings (P/E): 7.2
• Beta (1Y): 1.40
• 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: 407,234
• 30 Day Avg. Volume: 505,544
• PEG Ratio: -0.26
• Price to Book (P/B): 1.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.47
• Enterprise Value/Market Cap: 1.68
• Enterprise Value/Revenue: 0.59
• Enterprise Value/Gross Profit: 4.59
• Enterprise Value/Ebitda: 1.18
• 1Y Price Target: £201.67
• Price Target Upside: 24.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 77 Outperform
• Price Target: 184.00p ▲(13.72%Upside)

Central Asia Metals scores well due to strong financial performance and strategic corporate events, such as acquisitions enhancing its market position. The attractive valuation adds to its appeal, though technical indicators suggest a neutral trend. Absence of recent earnings call data limits further insights.

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 demonstrates strong profitability and financial stability, with impressive margins and low leverage. Despite uneven revenue growth, the company maintains a robust cash flow position, supporting ongoing operations and investments.

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: Positive
• Last Price: 161.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CAML, the sentiment is Positive. The current price of 161.8 is below the 20-day moving average (MA) of 162.75, above the 50-day MA of 158.07, and above the 200-day MA of 156.47, indicating a neutral trend. The MACD of -0.22 indicates Positive momentum. The RSI at 53.21 is Neutral, neither overbought nor oversold. The STOCH value of 22.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:CAML.

Central Asia Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CAML	77 Outperform	£282.50M	7.18	13.74%	6.41%	6.77%	32.64%
Sector *	44 Neutral	C$953.01M	-6.70	-13.31%	2.75%	17.55%	-32.28%
AAZ		£189.64M	―	-22.65%	―	―	―
ATYM	74 Outperform	£656.64M	12.98	11.38%	7.80%	17.22%	97.69%
EUA		£137.24M	―	-1.88%	―	―	―
GFM	69 Neutral	£353.77M	40.76	4.18%	―	-9.69%	-26.86%
MTL		£319.37M	15.00	19.64%	―	―	―

Central Asia Metals Corporate Events

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.

Central Asia Metals Releases 2024 Annual Report and Announces 2025 AGM

Central Asia Metals has released its Annual Report and Accounts for 2024 and announced its 2025 Annual General Meeting (AGM) to be held in London. The company has also published a Sustainability Report, emphasizing its commitment to transparency and stakeholder engagement. Shareholders are encouraged to participate in the AGM through proxy voting and can watch the proceedings online, although interaction will be limited. The AGM will be followed by a management presentation, highlighting the company’s dedication to keeping investors informed.

Central Asia Metals Publishes 2024 Sustainability Report Highlighting Key Achievements

Central Asia Metals plc has released its 2024 Sustainability Report, detailing its sustainability strategy and performance at the Kounrad copper operation in Kazakhstan and the Sasa zinc-lead mine in North Macedonia. The report, prepared in accordance with various global standards, highlights the company’s focus on safe operations, minimizing environmental and social impacts, and transparent reporting. CAML has set ambitious sustainability targets, including reducing greenhouse gas emissions and improving tailings management, while continuing to invest in community projects and workforce development. The company achieved significant progress in 2024, including a 44% reduction in Scope 1 and 2 GHG emissions and conformance with the Global Industry Standard on Tailings Management at Sasa. These efforts underscore CAML’s commitment to responsible mining practices and its role in creating lasting value in the regions it operates.

Central Asia Metals Sells Copper Bay Stake to Guardian Metals

Central Asia Metals has completed the sale of its 76.1% stake in Copper Bay Ltd to Guardian Metals PLC, including the acquisition of the remaining minority shares. The deal, valued at $7.5 million, is structured in deferred payments tied to copper production milestones. This transaction allows CAML to potentially realize additional value for its shareholders, as the Copper Bay project is set on a path for future development under new ownership.

Central Asia Metals Reports Steady Q1 2025 Production and Advances in Key Projects

Central Asia Metals reported its Q1 2025 operations update, highlighting zero lost time injuries and steady production across its Kounrad and Sasa sites. The company produced 2,852 tonnes of copper, 4,603 tonnes of zinc, and 6,608 tonnes of lead, with significant progress in capital projects, including the operationalization of the Dry Stack Tailings Plant at Sasa. The company reiterated its production guidance for FY2025 and noted ongoing exploration activities in Scotland and Kazakhstan, which are expected to yield further positive results.

Central Asia Metals CEO Executes ‘Bed and ISA’ Share Transaction

Central Asia Metals PLC announced a transaction involving its Chief Executive Officer, Gavin Ferrar, who executed a ‘Bed and ISA’ transaction by selling 3,112 ordinary shares and repurchasing 3,103 shares to be held in his Individual Savings Account. This transaction slightly adjusted Ferrar’s shareholding to 9,919 shares, representing 0.005% of the company’s issued share capital. Such transactions are common for tax efficiency purposes and do not significantly impact the company’s operations or market position.