Atalaya Mining Plc (LON:ATYM - Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as GBX 466.50 ($6.26) and last traded at GBX 462 ($6.20), with a volume of 131908 shares traded. The stock had previously closed at GBX 460.50 ($6.18).
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on ATYM. Canaccord Genuity Group reissued a "buy" rating and set a GBX 525 ($7.05) price objective on shares of Atalaya Mining in a research note on Thursday, May 29th. Berenberg Bank reissued a "hold" rating and set a GBX 420 ($5.64) price target on shares of Atalaya Mining in a research report on Tuesday, April 15th.
Read Our Latest Research Report on Atalaya Mining
Atalaya Mining Trading Down 0.1%
The stock has a market cap of £778.00 million, a PE ratio of 28.29, a PEG ratio of -2.02 and a beta of 1.64. The business has a 50-day moving average of GBX 411.99 and a 200 day moving average of GBX 376.90. The company has a debt-to-equity ratio of 7.71, a quick ratio of 1.64 and a current ratio of 1.53.
About Atalaya Mining
(
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.
Recommended Stories
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
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
