Many investors define successful investing as beating the market average over the long term. But its virtually certain that sometimes you will buy stocks that fall short of the market average returns. Unfortunately, that’s been the case for longer term Central Asia Metals plc (LON:CAML) shareholders, since the share price is down 19% in the last three years, falling well short of the market return of around 16%. Even worse, it’s down 12% in about a month, which isn’t fun at all.
It’s worthwhile assessing if the company’s economics have been moving in lockstep with these underwhelming…