Atalaya Mining Plc (LON:ATYM - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 454.52 ($6.15) and last traded at GBX 452.50 ($6.12), with a volume of 344694 shares trading hands. The stock had previously closed at GBX 442.50 ($5.99).
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on ATYM. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 525 ($7.10) price target on shares of Atalaya Mining in a research note on Thursday, May 29th. Berenberg Bank reissued a "hold" rating and issued a GBX 420 ($5.68) price target on shares of Atalaya Mining in a research note on Tuesday, April 15th.
Get Our Latest Analysis on ATYM
Atalaya Mining Stock Performance
The stock has a 50 day moving average price of GBX 384.02 and a two-hundred day moving average price of GBX 369.91. The company has a current ratio of 1.53, a quick ratio of 1.64 and a debt-to-equity ratio of 7.71. The company has a market cap of £768.63 million, a price-to-earnings ratio of 27.95, a P/E/G ratio of -2.02 and a beta of 1.64.
Atalaya Mining Company Profile
(
Get Free Report)
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.
Read More
Before you consider Atalaya Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Atalaya Mining wasn't on the list.
While Atalaya Mining currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.