Shares of Atalaya Mining Plc (LON:ATYM - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 355.69 ($4.40) and traded as low as GBX 350.50 ($4.34). Atalaya Mining shares last traded at GBX 359 ($4.44), with a volume of 22,845 shares traded.
Analysts Set New Price Targets
ATYM has been the topic of a number of analyst reports. Canaccord Genuity Group cut their price target on Atalaya Mining from GBX 585 ($7.24) to GBX 555 ($6.87) and set a "buy" rating on the stock in a research note on Wednesday, November 13th. Berenberg Bank cut their target price on Atalaya Mining from GBX 480 ($5.94) to GBX 460 ($5.69) and set a "hold" rating on the stock in a research report on Monday, October 14th.
View Our Latest Research Report on Atalaya Mining
Atalaya Mining Trading Up 1.8 %
The company has a market cap of £514.48 million, a price-to-earnings ratio of 1,827.50, a P/E/G ratio of -2.02 and a beta of 1.64. The business has a fifty day simple moving average of GBX 355.69 and a 200 day simple moving average of GBX 375.49. The company has a quick ratio of 1.64, a current ratio of 1.65 and a debt-to-equity ratio of 6.27.
Insider Activity at Atalaya Mining
In other Atalaya Mining news, insider Jesus Fernandez Lopez bought 13,912 shares of the business's stock in a transaction on Monday, December 2nd. The stock was bought at an average price of GBX 350 ($4.33) per share, for a total transaction of £48,692 ($60,269.84). Company insiders own 31.43% of the company's stock.
About Atalaya Mining
(
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Atalaya Mining Plc, together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is the Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It explores for copper concentrates, silver by-products, and gold.
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