Atalaya Mining (LON:ATYM) Given New GBX 525 Price Target at Canaccord Genuity Group

Atalaya Mining (LON:ATYM - Free Report) had its target price raised by Canaccord Genuity Group from GBX 520 ($6.91) to GBX 525 ($6.98) in a research report released on Tuesday morning, Marketbeat.com reports. The firm currently has a buy rating on the stock.

Separately, Berenberg Bank reissued a "hold" rating and set a GBX 420 ($5.58) price target on shares of Atalaya Mining in a research report on Tuesday, March 18th.

Atalaya Mining Trading Down 2.0 %

LON:ATYM traded down GBX 7.50 ($0.10) during trading hours on Tuesday, reaching GBX 365.50 ($4.86). 117,240 shares of the stock were exchanged, compared to its average volume of 425,809. The company has a quick ratio of 1.64, a current ratio of 1.53 and a debt-to-equity ratio of 7.71. The company has a market capitalization of £622.91 million, a price-to-earnings ratio of 22.65, a PEG ratio of -2.02 and a beta of 1.64. Atalaya Mining has a twelve month low of GBX 275.29 ($3.66) and a twelve month high of GBX 493.50 ($6.56). The business has a 50-day moving average of GBX 359.38 and a two-hundred day moving average of GBX 360.72.

Atalaya Mining Company Profile

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.