Shares of Atalaya Mining Plc (LON:ATYM - Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 391.46 ($5.30) and traded as high as GBX 458 ($6.21). Atalaya Mining shares last traded at GBX 452.50 ($6.13), with a volume of 327,829 shares.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on the company. Canaccord Genuity Group restated a "buy" rating and issued a GBX 525 ($7.11) price target on shares of Atalaya Mining in a research note on Thursday, May 29th. Berenberg Bank restated a "hold" rating and set a GBX 420 ($5.69) target price on shares of Atalaya Mining in a research note on Tuesday, April 15th.
Read Our Latest Stock Analysis on Atalaya Mining
Atalaya Mining Stock Performance
The firm has a market cap of £783.97 million, a PE ratio of 28.51, a PEG ratio of -2.02 and a beta of 1.64. The company has a current ratio of 1.53, a quick ratio of 1.64 and a debt-to-equity ratio of 7.71. The firm's 50 day simple moving average is GBX 397.30 and its 200 day simple moving average is GBX 373.44.
Atalaya Mining Company Profile
(
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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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