Atalaya Mining Plc (LON:ATYM - Get Free Report)'s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 321.50 ($4.09) and last traded at GBX 327.50 ($4.17), with a volume of 143637 shares changing hands. The stock had previously closed at GBX 339 ($4.32).
Wall Street Analysts Forecast Growth
ATYM has been the subject of a number of research analyst reports. Canaccord Genuity Group reduced their price target on shares of Atalaya Mining from GBX 555 ($7.06) to GBX 520 ($6.62) and set a "buy" rating for the company in a research note on Wednesday, March 19th. Berenberg Bank restated a "hold" rating and issued a GBX 420 ($5.35) target price on shares of Atalaya Mining in a research report on Tuesday, March 18th.
Read Our Latest Stock Report on ATYM
Atalaya Mining Stock Performance
The firm's fifty day moving average is GBX 365.51 and its 200 day moving average is GBX 365. The firm has a market capitalization of £524.92 million, a price-to-earnings ratio of 19.09, a PEG ratio of -2.02 and a beta of 1.64. The company has a debt-to-equity ratio of 7.71, a current ratio of 1.53 and a quick ratio of 1.64.
About Atalaya Mining
(
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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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