Shares of Atalaya Mining Plc (LON:ATYM - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as GBX 454.52 ($6.16) and last traded at GBX 452.50 ($6.13), with a volume of 344694 shares trading hands. The stock had previously closed at GBX 442.50 ($6.00).
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the stock. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 525 ($7.11) price target on shares of Atalaya Mining in a report on Thursday, May 29th. Berenberg Bank reiterated a "hold" rating and set a GBX 420 ($5.69) target price on shares of Atalaya Mining in a report on Tuesday, April 15th.
Check Out Our Latest Research Report on ATYM
Atalaya Mining Stock Performance
The business has a fifty day moving average of GBX 379.55 and a 200 day moving average of GBX 368.30. The company has a market cap of £778.85 million, a P/E ratio of 28.33, a P/E/G ratio of -2.02 and a beta of 1.64. The company has a quick ratio of 1.64, a current ratio of 1.53 and a debt-to-equity ratio of 7.71.
About Atalaya Mining
(
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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.
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