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CAML Central Asia Metals Plc

158.80
2.00 (1.28%)
17 Jan 2025 - 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
  2.00 1.28% 158.80 405,740 16:29:55
Bid Price Offer Price High Price Low Price Open Price
157.60 158.80 160.80 156.60 156.60
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Copper Ores USD 195.28M USD 37.31M USD 0.2051 7.74 285.23M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:17 O 50 158.80 GBX

Central Asia Metals (CAML) Latest News

Central Asia Metals (CAML) Discussions and Chat

Central Asia Metals Forums and Chat

Date Time Title Posts
17/1/202515:10Welcome to Central Asia Metals6,115
30/5/202411:03Kazak Copper with Mongolian Twist5
27/10/202112:22Central 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
17:55:45158.805079.40O
16:35:17158.8043,09468,433.27UT
16:29:00158.802641.29AT
16:28:45158.80238377.94AT
16:28:45158.8085134.98AT

Central Asia Metals (CAML) Top Chat Posts

Top Posts
Posted at 17/1/2025 08:20 by Central Asia Metals Daily Update
Central Asia Metals Plc is listed in the Copper Ores sector of the London Stock Exchange with ticker CAML. The last closing price for Central Asia Metals was 156.80p.
Central Asia Metals currently has 181,904,941 shares in issue. The market capitalisation of Central Asia Metals is £288,865,046.
Central Asia Metals has a price to earnings ratio (PE ratio) of 7.74.
This morning CAML shares opened at 156.60p
Posted at 30/12/2024 16:29 by dougmachin
MORE ANALYSIS
So I thought I would try to give the amount 1 CAML share is worth in 2034.
This is on the basis that there has been no “transformative” purchase.

Also, I’m not saying that this is the share price that would be achieved, but this is the amount of cash you would be getting back in 2034 (for your original 1 share at 155p), based on the amount your shareholding has increased (due to CAMLs increased cash in the bank and you increasing your holding by reinvesting the divi).

[1] EXTRA CASH IN THE BANK EACH YEAR
H1 2024 cash = 56.3m // FY 2024 cash (assumed) = 63.4m
Without the Sasa CAPEX, each year can add 15-17m extra cash to the bank (assumed)
This would give (10 * 17m) = 170m
Add the 63.4m = 233.4m USD = 177.4m UKP
This gives 97p / share (182m shares)

[2] DIVIDENDS EACH YEAR
Dividends at 18p for 10 years = 180p (assumed)

[3] COMPOUNDING EFFECT OF THE DIVIDEND
There’s a great compounding effect of reinvesting the divis, especially over 10 years.
Purchase 18p worth of a 155p CAML share, you then get the 11.6% divi on this too.
At the end of the next year, that 18p worth of a share is giving you 2p of extra divi.
Basically the 18p divi is now worth 20p.
If you keep doing this for 9 years, then the original 18p divi is worth 48p.

Repeat this for the next 9 years worth of divis too.
So for 2026-2034, the 18p divi ends up being worth 43p at the yield of 11.6%.

For all 10 years, this gives an extra value of 130p.

FINAL TOTAL
This gives a final value of your original 155p share = 180p + 97p + 130p = 407p.
This gives a 10% compounded annual growth from 155p, which is decent.

DRIVING THAT PRICE POTENTIALLY HIGHER
There’s still the extra 5 years of life at Sasa to 2039.
Metal price increases over the next 10 years, to increase the above.

RISKS
As the LoM approaches the end, the throughput will be less.
Metal prices might not go higher (but surely Cu and Zn are going higher medium term).

As Sasa has not been a thumpingly good purchase, I would hope the BoD would only purchase a new asset that is truly transformative. So if they did purchase a new asset, then it would increase that 407p target substantially (even with any potential dilution, borrowing or temporary pausing of the divi to purchase the new asset).

So, for me, I think 155p and around here is a good buy.
Of course the US is a risk now IMO, with the markets there going up 20% 2-years in a row.
CAML Q4 operations update in mid January.
Posted at 26/12/2024 06:20 by dougmachin
HAPPY CHRISTMAS!
Some Boxing Day analysis, looking at 2024 Vs 2023.
Trying to predict the maintenance (likelihood) of the 2024 H2 9p dividend...

2023 H1 cash generated = 42.7m
2024 H1 cash generated = 42.4m

This would factor in:
[1] Amount produced
[2] Prices of metals
[3] Cost of production

So for H1 comparison, it’s the same.
From that, the dividend was also the same at 9p.

Now to look at H2 comparison of 2023 Vs 2024.

Cash in the bank:
2022 start = 59.2m
2022 end = 60.6m
2023 H1 start = 60.6m
2023 H1 end = 50.6m (paid forward tax)
2023 H2 start = 50.6m
2023 H2 end = 57.2m
2024 H1 start = 57.2m
2024 H1 end = 56.3m
2024 H2 start = 56.3m
2024 H2 end = ???m

My view is, it would be good to get back above 60 million cash in the bank.
Whilst keeping the 9p dividend for 2024 H2.

So ASSUMING (will address this later) CAML can generate the same amount of cash in 2024 H2, compared to 2023 H2. This means generating 51.5m cash.

2024 H2 (assumptions)
Cash generated = +51.5m
Dividends @ 9p = -21.4m
Interest received = +1.2m
Income tax = -9.0m
CAPEX = -15.2m (informed in H1 presentation, giving 23.5m for the year)
This gives final cash of 63.4m = GREAT !!

For “Cash generated of 51.5m”. Can this be achieved in 2024 H2 (same as 2023 H2)?
[1] Amount produced (compare 2024 vs 2023)
For H1 comparison (comparing 2024 vs 2023):
Cu = -1.6%
Zn = -7.7%
Pb = -6.3%

For Q3 comparison (comparing 2024 vs 2023)
Cu = -0.6%
Zn = -7.0%
Pb = -2.5%
So, production is getting better in Q3 compared to H1.
Also, this is improving / maintaining into Q4.
And the head grades are also improving in Q3 / maintaining into Q4 of 2024.

Point is, H2 is looking better than H1, when comparing back to 2023 vs 2024.

[2] Prices of metals
H1 actual price change for CAML from H1 2023 to H1 2024
Cu = +6.4%
Zn = -0.7%
Pb = +3.0%
With these price increases, it offset the production decreases.

Looking at statista website, this gives the following for H1 2023 to H1 2024:
Cu = +4.5%
Zn = -7.0%
Pb = -0.4%
So based on that CAML, did well in H1 2024 compared to H1 2023.
Statista takes day 1 of each month as the price.

Looking at statista website again, this gives the following for H2 2023 to H2 2024:
Cu = +11.7%
Zn = +17.1%
Pb = -5.6%
Which is fantastic overall.

Looking at graphs of H2 2023 to H2 2024, these %ages are in the right range, certainly in the correct direction (positive / negative).

[3] Cost of production
This went up in 2024 H1. Should stabilise for 2024 H2…?
Inflation is coming down (reagents / wages).
The solar plant will help.

CONCLUSIONS:
H2 production is better than H1 for 2024 (for each time period compared to 2023).
Metal prices are better in H2 than H1 for 2024 (again compared to 2023).

So, yes, I think that if 2023 H2 generated 51.5m cash, then 2024 H2 can generate (at least) 51.5m cash. Subtract the CAPEX and tax costs.

This gives:
The capacity to pay 9p dividend in 2024 H2
For the total cash in the bank to go above 60 million

LONG TERM:
If Sasa CAPEX is (finally) finished, then that releases another 15-18 million / year to add to the “cash in the bank”. (I removed the sustaining capital already).

Price of Cu - this will be interesting to watch. Of course, I’m bullish on this. Really hoping that it will remain above 9,000 USD/ton and proceed higher.

Price of Zn - Not too sure about Zn, hopefully will remain at least the same. Am looking into factors affecting Zn prices.

Price of Pb - Unfortunately, will probably go down, but again hopefully, not by too much.

I’m certainly watching these metal prices with interest.

Also, of course, are future possibilities in Kazakhstan and Scotland.
Posted at 20/12/2024 12:03 by fuji99
Cheers Tonytyke.
IMO CAML is a must add at the early stage of the lowest share price for anyone wanting to rip the benefits of both, the dividend and the share price recovery.
This will probably be the winner for 2025 as geopolitical tensions may ease and China working hard to stimulate its faultering economy (as is Europe, Germany and France in particular).
Copper demand for China EV's and infrastructure will be the dominating factor for 2025.
So I expect mining stocks to perform well as they were dreadful in 2024 (unstable world, wars and sinking China economy).
Posted at 20/12/2024 10:25 by tonytyke2
Agreed fuji99, share price now looks to be near a 4.5 year low, obviously there is going to be no need for copper production in the future...Ha HaJust checked it passes 4 long screens of Stocko, 3 value and 1 income. Sharescope highlighting today PE 6.9 and Yield 12.6%. Consensus target price indicated of 243p, rating Outperform.Just trying to free up further funds to add here, hopefully we will see a share price bounce soon. Good luck all with your investments here.
Posted at 08/11/2024 13:04 by bozzy_s
2603 it's a balancing act isn't it? On one hand if a share price is always strong, there's never an opportunity to buy. On the other, being on AIM perhaps reduces a company's credibility and therefore its share price. How many main market £300m+ cap companies are paying a sustainable 10.6% dividend?

It might drop a few more pence, but assuming no nasty surprises with production numbers my money's on 170 being a good entry point. 10.6% annual divi and potentially 10-20% capital growth in the short term.
Posted at 24/9/2024 10:27 by petersinthemarket
Going xDiv for 9p on wed 26th sep. - share price on a real run atm.
I am a newbie to this company and would like to buy.
Does anyone have an informed view on whether a buy before or after xDiv is the best for a long term hold. Given that the share price of many shares falls by about the div value after xDiv and some shares fall more heavily than others. I haven't been watching this share for long enough to know how xDix day affects it's share price
Any comments?
pete
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 13/10/2023 19:02 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 03/8/2023 07:48 by dougmachin
CAML share price kind of annoying at the moment !!
Posted at 25/7/2023 08:06 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

Central Asia Metals Frequently Asked Questions (FAQ)

What is the current Central Asia Metals share price?
The current share price of Central Asia Metals is 158.80p
How many Central Asia Metals shares are in issue?
Central Asia Metals has 181,904,941 shares in issue
What is the market cap of Central Asia Metals?
The market capitalisation of Central Asia Metals is GBP 285.23M
What is the 1 year trading range for Central Asia Metals share price?
Central Asia Metals has traded in the range of 149.80p to 234.50p during the past year
What is the PE ratio of Central Asia Metals?
The price to earnings ratio of Central Asia Metals is 7.74
What is the cash to sales ratio of Central Asia Metals?
The cash to sales ratio of Central Asia Metals is 1.48
What is the reporting currency for Central Asia Metals?
Central Asia Metals reports financial results in USD
What is the latest annual turnover for Central Asia Metals?
The latest annual turnover of Central Asia Metals is USD 195.28M
What is the latest annual profit for Central Asia Metals?
The latest annual profit of Central Asia Metals is USD 37.31M
What is the registered address of Central Asia Metals?
The registered address for Central Asia Metals is MASTERS HOUSE, 107 HAMMERSMITH ROAD, LONDON, W14 0QH
What is the Central Asia Metals website address?
The website address for Central Asia Metals is www.centralasiametals.com
Which industry sector does Central Asia Metals operate in?
Central Asia Metals operates in the COPPER ORES sector

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