Atalaya Mining Plc (LON:ATYM - Get Free Report)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 377.79 ($5.13) and traded as high as GBX 448.50 ($6.09). Atalaya Mining shares last traded at GBX 436.50 ($5.93), with a volume of 202,184 shares changing hands.
Analysts Set New Price Targets
Several research firms have recently weighed in on ATYM. Berenberg Bank restated a "hold" rating and issued a GBX 420 ($5.70) 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 ($7.13) price objective on shares of Atalaya Mining in a report on Thursday, May 29th.
Check Out Our Latest Report on Atalaya Mining
Atalaya Mining Stock Down 1.3%
The stock has a market capitalization of £768.63 million, a price-to-earnings ratio of 27.95, a price-to-earnings-growth ratio of -2.02 and a beta of 1.64. The business's 50-day moving average is GBX 381.86 and its two-hundred day moving average is GBX 369.06. 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.
Further Reading
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