Free Trial

Atalaya Mining (LON:ATYM) Stock Passes Below Two Hundred Day Moving Average - Here's Why

Atalaya Mining logo with Basic Materials background

Atalaya Mining Plc (LON:ATYM - Get Free Report)'s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 381.19 ($4.85) and traded as low as GBX 346.50 ($4.41). Atalaya Mining shares last traded at GBX 346.50 ($4.41), with a volume of 119,080 shares changing hands.

Analyst Upgrades and Downgrades

ATYM has been the subject of several recent analyst reports. Berenberg Bank dropped their price target on Atalaya Mining from GBX 480 ($6.10) to GBX 460 ($5.85) and set a "hold" rating for the company in a research note on Monday, October 14th. Canaccord Genuity Group decreased their target price on shares of Atalaya Mining from GBX 585 ($7.44) to GBX 555 ($7.06) and set a "buy" rating on the stock in a research report on Wednesday, November 13th.

Get Our Latest Report on Atalaya Mining

Atalaya Mining Price Performance

The company has a quick ratio of 1.64, a current ratio of 1.65 and a debt-to-equity ratio of 6.27. The firm's 50 day simple moving average is GBX 362.33 and its 200 day simple moving average is GBX 381.19. The company has a market capitalization of £487.03 million, a PE ratio of 1,730.00, a price-to-earnings-growth ratio of -2.02 and a beta of 1.64.

Insider Activity

In related news, insider Jesus Fernandez Lopez bought 13,912 shares of the company's stock in a transaction on Monday, December 2nd. The shares were acquired at an average price of GBX 350 ($4.45) per share, with a total value of £48,692 ($61,901.86). Insiders own 31.43% of the company's stock.

About Atalaya Mining

(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 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.

Recommended Stories

→ Why is Buffett going all in on this? (From Behind the Markets) (Ad)

Should you invest $1,000 in Atalaya Mining right now?

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

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Broadcom Hits $1 Trillion – Can This AI Powerhouse Go Higher?
SoundHound Stock Explodes Again – Is a Major Breakout Coming?
How Fintech Strategy at FinWise Bancorp and CEO Vision Are Driving 78% Gains

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines