Atalaya Mining (LON:ATYM) Receives Hold Rating from Berenberg Bank

Atalaya Mining (LON:ATYM - Get Free Report)'s stock had its "hold" rating restated by equities researchers at Berenberg Bank in a report issued on Thursday, Marketbeat reports. They currently have a GBX 410 ($5.19) price target on the stock. Berenberg Bank's target price would indicate a potential downside of 4.76% from the stock's previous close.

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 530 ($6.71) target price on shares of Atalaya Mining in a report on Thursday.

Check Out Our Latest Stock Analysis on ATYM

Atalaya Mining Stock Up 0.3 %

Shares of ATYM stock traded up GBX 1.50 ($0.02) during trading hours on Thursday, hitting GBX 430.50 ($5.45). 403,284 shares of the company were exchanged, compared to its average volume of 233,967. Atalaya Mining has a 52 week low of GBX 281 ($3.56) and a 52 week high of GBX 444.50 ($5.63). The company has a current ratio of 1.53, a quick ratio of 1.64 and a debt-to-equity ratio of 14.43. The business has a 50 day moving average of GBX 356.94 and a two-hundred day moving average of GBX 333.90. The company has a market capitalization of £602.27 million, a PE ratio of 1,871.74, a PEG ratio of -2.02 and a beta of 1.65.

Atalaya Mining Company Profile

(Get Free Report)

Atalaya Mining Plc, together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is its 100% owned Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It produces copper concentrates, including silver by-products.

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