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 ($5.33) and traded as high as GBX 458 ($6.24). Atalaya Mining shares last traded at GBX 452.50 ($6.16), with a volume of 327,829 shares.
Wall Street Analyst Weigh In
ATYM has been the topic of several recent research reports. Canaccord Genuity Group reiterated a "buy" rating and set a GBX 525 ($7.15) price objective on shares of Atalaya Mining in a research report on Thursday, May 29th. Berenberg Bank restated a "hold" rating and issued a GBX 420 ($5.72) price objective on shares of Atalaya Mining in a report on Tuesday, April 15th.
Read Our Latest Report on Atalaya Mining
Atalaya Mining Stock Performance
The company has a debt-to-equity ratio of 7.71, a quick ratio of 1.64 and a current ratio of 1.53. The business's fifty day simple moving average is GBX 391.46 and its 200-day simple moving average is GBX 371.71. The company has a market capitalization of £772.89 million, a P/E ratio of 28.11, a P/E/G ratio of -2.02 and a beta of 1.64.
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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