Atalaya Mining Plc (LON:ATYM - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 366.33 ($4.55) and traded as low as GBX 342 ($4.25). Atalaya Mining shares last traded at GBX 347 ($4.31), with a volume of 2,227,677 shares.
Wall Street Analysts Forecast Growth
ATYM has been the subject of several recent research reports. Canaccord Genuity Group dropped their price target on Atalaya Mining from GBX 585 ($7.27) to GBX 555 ($6.89) and set a "buy" rating for the company in a research report on Wednesday, November 13th. Berenberg Bank decreased their price objective on Atalaya Mining from GBX 480 ($5.96) to GBX 460 ($5.71) and set a "hold" rating on the stock in a report on Monday, October 14th.
Get Our Latest Research Report on Atalaya Mining
Atalaya Mining Stock Down 0.9 %
The stock has a market cap of £484.21 million, a price-to-earnings ratio of 1,720.00, a PEG ratio of -2.02 and a beta of 1.64. 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 stock has a fifty day moving average of GBX 354.77 and a two-hundred day moving average of GBX 365.39.
Insider Activity at Atalaya Mining
In related news, insider Jesus Fernandez Lopez acquired 13,912 shares of Atalaya Mining stock in a transaction on Monday, December 2nd. The shares were bought at an average price of GBX 350 ($4.35) per share, for a total transaction of £48,692 ($60,471.93). 31.43% of the stock is owned by insiders.
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 (Premium Segment) 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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