Added to YB: 2026-05-05
Pitch date: 2026-05-01
CAML.L [bullish]
Central Asia Metals plc
Author Info
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Company Info
Central Asia Metals plc, together with its subsidiaries, operates as a base metals producer. The company produces copper, zinc, silver, and lead.
Market Cap
GBP 329.6M
Pitch Price
N/A
Price Target
N/A
Dividend
8.37%
EV/EBITDA
2.66
P/E
-4.57
EV/Sales
1.10
Sector
Metals and Mining
Category
value
Sub-$2 Billion LSE-listed Miners: Small Caps, Big Margins, Zero Hype - Central Asia Metals plc
CAML.L: Operates Kounrad Cu mine (Kazakhstan, 14kt/yr cathode) & Sasa Zn-Pb mine (N. Macedonia, 24kt Zn, 30kt Pb). Kounrad is SX-EW treating Soviet waste dumps at ~$0.80/lb cash cost—among world's lowest. Debt-free, 4% yield, 30%+ FCF payout since 2014. Trades 1.8x EV/EBITDA, 0.9x EV/Sales. Risks: Kazakhstan autocracy/tax volatility, N. Macedonia political fragility—jurisdictional discount overdone vs fundamentals.
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