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CAML Central Asia Metals Plc

199.00
5.80 (3.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Central Asia Metals Plc LSE:CAML London Ordinary Share GB00B67KBV28 ORD USD0.01
  Price Change % Change Share Price Shares Traded Last Trade
  5.80 3.00% 199.00 178,030 16:35:22
Bid Price Offer Price High Price Low Price Open Price
195.80 196.80 197.80 191.00 194.40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Copper Ores USD 195.28M USD 37.31M USD 0.2051 9.55 351.44M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:22 UT 67,421 199.00 GBX

Central Asia Metals (CAML) Latest News

Central Asia Metals (CAML) Discussions and Chat

Central Asia Metals Forums and Chat

Date Time Title Posts
19/7/202421:06Welcome to Central Asia Metals5,935
30/5/202412:03Kazak Copper with Mongolian Twist5
27/10/202113:22Central Asia Metals - with some better charts75

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Central Asia Metals (CAML) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:35:22199.0067,421134,167.79UT
2024-07-26 15:29:59195.80124242.79AT
2024-07-26 15:29:56196.8055108.24AT
2024-07-26 15:29:55196.0035.88AT
2024-07-26 15:29:55196.0072141.12AT

Central Asia Metals (CAML) Top Chat Posts

Top Posts
Posted at 18/7/2024 16:35 by justiceforthemany
CAML would make a good fit for Rio Tinto.
Posted at 18/7/2024 10:01 by the count of monte_cristo
CAML could have been going for something like this, instead of wasting time and money on a project in Scotland...
Posted at 11/7/2024 11:20 by pughman
SASA has been a complete waste of time and money. I know it's diversified production, but the share price hit £3.50 in anticipation of that deal. Should have run the life down at Kounrad and returned money to shareholders.
Posted at 27/3/2024 12:10 by bozzy_s
1K Conroy comes to mind (that's an AAZ reference for anyone unsure). Hopefully they're looking at something more meaty as well - a producing miner somewhere.

The time to strike was late last year / early this year when metal prices were low, operating costs high, and therefore bargains to be found.

At least their existing mines are making decent money. Enough to potentially add 50% to the share price in favourable times.
Posted at 13/3/2024 15:00 by tag57
Surprised CAML share price is down at this level given the price of copper, lead and zinc.
Posted at 21/2/2024 13:08 by bozzy_s
arieljcohen - I'd put some of the weakness down to increased overheads / running costs. Fuel and salaries would've increased by over 10%, maybe closer to 20%, while the price of CAML's metal has fallen slightly.

For me it's just a short-term blip. Should still be profitable and cash generative. Will continue to pay a dividend - probably trimmed slightly. And they're definitely looking for an acquisition - Zangdook's link is an interview with the boss looking at opportunities in South Africa.

Wouldn't mind them taking a peek at SLP. They're a massively undervalued South African base metals miner. Similar situation to CAML - profitable, debt free, cashflow positive, paying dividends. But their shares are down 50% in the past year. Current market cap £140m. Maybe could be bought for £200m - £250m cash + debt + CAML shares?
Posted at 13/10/2023 20:02 by kael
All the metals are subject to the dollar, and ultimately caml share price performance. It's unlikely the dollar can remain this strong long term. Key driver is interest rates, which will likely be stuck for a while with sticky inflation. Gobal conflicts are threatening, much like...01/02, the dollar put in a double top and then declined for 2 years. Could well be a similar pattern forming here. A direction of travel resolving conflicts and decreasing interest rates and inflation is the environment all markets want to see right now, but as with most things patience is needed.
Posted at 15/9/2023 11:43 by bozzy_s
Thanks Zho, worked for me.

Here's a copy / paste. Credit to Alex Hamer on Investors' Chronicle website:

"Central Asia Metals (CAML) is successful in its niche of well-run brownfield operations that were bought at good prices. Management is now adding a new string to its bow: exploration. The company has looked for a third project for years after adding the Sasa mine to its original asset Kounrad in 2017.

It is keen to keep shareholders updated on this process, too, telling them about 22 acquisition options reviewed in the first half and three site visits. Finding a happy price for these assets is the trouble, given the strong outlook for metals like copper boosting prices and current cost of debt making them less affordable.

The exploration effort will be focused on Kazakhstan, where Kounrad is located.

The present operations generated Ebitda of $49mn (£39mn) in the first half, down a third on the first half of 2022. This was largely because of weaker prices but higher labour and power costs also contributed. CAML is also in the midst of a transition underground at the Sasa operation to a new mining method, where tailings are used back in the mine to reinforce workings. This comes after a tailings dam spill at the mine in 2020.

CAML will sling over 80 per cent of its free cash flow to shareholders for the interim payout of 9p a share, double the proportion from last year above its 30-50 per cent payout policy, although the timing of tax payments knocked the free cash figure. The payout is 29 per cent ahead of RBC's forecast.

The company’s yield is way up given its weak share price, which has underperformed its basket of metals (a 21 per cent drop against a 3 per cent drop for the metals). Investors also met the higher interim payout with a shrug. We would add at this price. Buy."
Posted at 03/8/2023 08:48 by dougmachin
CAML share price kind of annoying at the moment !!
Posted at 25/7/2023 09:06 by pughman
A year ago on 25.7.22 the CAML share price was £2.41, with the FTSE at 7306, net cash of $45.6m and their pool of metals per tonne totalling $12,447. Today the share price is £1.81, FTSE 7680, net cash $50.6m and metals adding to $13,080 per tonne. Feels like there is value here that the market is overlooking.
Central Asia Metals share price data is direct from the London Stock Exchange

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