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Atalaya Mining (LON:ATYM) Sets New 52-Week High - Here's What Happened

Atalaya Mining logo with Basic Materials background

Atalaya Mining Plc (LON:ATYM - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 466.50 ($6.27) and last traded at GBX 462 ($6.21), with a volume of 131908 shares. The stock had previously closed at GBX 460.50 ($6.19).

Analyst Upgrades and Downgrades

ATYM has been the topic of several research analyst reports. Berenberg Bank reissued a "hold" rating and issued a GBX 420 ($5.65) target price on shares of Atalaya Mining in a research report on Tuesday, April 15th. Canaccord Genuity Group restated a "buy" rating and issued a GBX 525 ($7.06) price target on shares of Atalaya Mining in a report on Thursday, May 29th.

Get Our Latest Stock Analysis on Atalaya Mining

Atalaya Mining Price Performance

The company's fifty day moving average is GBX 411.99 and its 200 day moving average is GBX 376.90. The company has a quick ratio of 1.64, a current ratio of 1.53 and a debt-to-equity ratio of 7.71. The stock has a market cap of £778.00 million, a PE ratio of 28.29, a price-to-earnings-growth ratio of -2.02 and a beta of 1.64.

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.

Further Reading

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