Business
Initiation Research from QuotedData
Initiation Research from QuotedData.
About this update from Central Asia Metals Plc
[{"type":"text","content":"\n \nRNS Number : 4525R Central Asia Metals PLC 09 March 2016 \n\nCentral Asia Metals PLC - Initiation research from QuotedData\n9th March 2016\nDividend-paying, low cost copper producer\nCentral Asia Metals (CAML), recorded a profit in its first year of operation (2012) and has remained profitable ever since. It has paid a generous dividend each year from cash earnings, currently 8.6% yield, something of a novelty for a junior mining company and has returned to shareholders all the funds it raised (US$60 million) in its 2010 IPO (initial public offering). CAML's main asset is its Kazakhstan-based Kounrad copper-recovery plant, which recovers copper from waste originating from the Kounrad open-pit copper mine, giving it some of the lowest costs in the industry.\n \nFree access to the research note:\nhttp://quoteddata.com/2016/02/central-asia-metals/ \nThis research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company, soon every listed equity sector. Mining and resource stocks are new under coverage with our hiring of Paul Burton. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required alongside investment banks. \nNB: this note has been prepared for Central Asia Metals by Marten & Co and is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors. \nFor further enquiries and feedback, please do not hesitate to email or call.\n\nQUOTEDDATA\n123a Kings Road | London SW3 4PL\nTel: +44 (0) 20 3691 9430\nwww.quoteddata.com div>The company news service from the London Stock Exchange END NRALLFIRVDITIIR\n \n ","length":3065,"tagName":"div"}]