Shares of Atalaya Mining Plc (LON:ATYM - Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 458.39 ($6.09) and traded as low as GBX 446 ($5.93). Atalaya Mining shares last traded at GBX 450 ($5.98), with a volume of 327,199 shares traded.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on ATYM. Berenberg Bank lifted their price target on shares of Atalaya Mining from GBX 500 ($6.65) to GBX 510 ($6.78) and gave the stock a "hold" rating in a report on Tuesday, July 15th. Canaccord Genuity Group lifted their price target on shares of Atalaya Mining from GBX 525 ($6.98) to GBX 590 ($7.84) and gave the stock a "buy" rating in a report on Tuesday, July 15th.
View Our Latest Stock 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 459.16 and its 200-day simple moving average is GBX 400.96. The firm has a market capitalization of £766.92 million, a PE ratio of 27.89, 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.
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
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.