Atalaya Mining (LON:ATYM - Free Report) had its target price hoisted by Berenberg Bank from GBX 420 ($5.73) to GBX 500 ($6.83) in a research note published on Thursday morning, MarketBeat Ratings reports. They currently have a hold rating on the stock.
Separately, Canaccord Genuity Group restated a "buy" rating and issued a GBX 525 ($7.17) price target on shares of Atalaya Mining in a research report on Thursday, May 29th.
Get Our Latest Stock Analysis on Atalaya Mining
Atalaya Mining Price Performance
Shares of ATYM stock traded down GBX 4.50 ($0.06) during trading on Thursday, hitting GBX 463 ($6.32). The company had a trading volume of 148,273 shares, compared to its average volume of 394,575. The firm has a market capitalization of £789.08 million, a P/E ratio of 28.70, a price-to-earnings-growth ratio of -2.02 and a beta of 1.64. Atalaya Mining has a one year low of GBX 275.29 ($3.76) and a one year high of GBX 476 ($6.50). The company has a debt-to-equity ratio of 7.71, a quick ratio of 1.64 and a current ratio of 1.53. The stock's 50-day moving average price is GBX 429.35 and its 200 day moving average price is GBX 383.18.
Atalaya Mining Company Profile
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Atalaya is a European copper producer that owns and operates the Proyecto Riotinto complex in southwest Spain. Atalaya's shares trade on the London Stock Exchange's Main Market under the symbol "ATYM".
Atalaya's operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a central processing hub for ore sourced from its wholly owned regional projects around Riotinto, such as Proyecto Masa Valverde and Proyecto Riotinto East.
Further Reading
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