Shares of Atalaya Mining Plc (LON:ATYM - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as GBX 663 ($8.91) and last traded at GBX 660 ($8.87), with a volume of 754044 shares changing hands. The stock had previously closed at GBX 661 ($8.88).
Wall Street Analyst Weigh In
ATYM has been the subject of a number of recent analyst reports. Berenberg Bank reiterated a "hold" rating and set a GBX 510 target price on shares of Atalaya Mining in a research report on Tuesday, August 12th. Canaccord Genuity Group reduced their target price on shares of Atalaya Mining from GBX 590 to GBX 580 and set a "buy" rating on the stock in a research report on Tuesday, August 12th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of GBX 548.33.
View Our Latest Stock Report on ATYM
Atalaya Mining Stock Performance
The firm's 50-day moving average price is GBX 531.81 and its 200 day moving average price is GBX 453.85. The company has a market cap of £927.60 million, a price-to-earnings ratio of 1,289.63, a PEG ratio of -2.02 and a beta of 1.64. The company has a debt-to-equity ratio of 7.71, a quick ratio of 1.64 and a current ratio of 1.53.
Insider Buying and Selling at Atalaya Mining
In other news, insider Jesus Fernandez Lopez sold 70,000 shares of the firm's stock in a transaction on Monday, September 29th. The stock was sold at an average price of GBX 620, for a total value of £434,000. 31.43% of the stock is currently owned by company insiders.
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.
See Also
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