Atalaya Mining (LON:ATYM) PT Raised to GBX 580 at Canaccord Genuity Group

Atalaya Mining (LON:ATYM) had its price target increased by Canaccord Genuity Group from GBX 530 ($6.66) to GBX 580 ($7.29) in a research note issued to investors on Friday morning, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Separately, Berenberg Bank reissued a hold rating and set a GBX 410 ($5.15) price objective on shares of Atalaya Mining in a research report on Thursday, April 11th.

Atalaya Mining Trading Up 2.7 %

Shares of LON ATYM opened at GBX 455 ($5.72) on Friday. The business has a 50-day moving average price of GBX 377.20 and a two-hundred day moving average price of GBX 342.17. The company has a current ratio of 1.53, a quick ratio of 1.64 and a debt-to-equity ratio of 14.43. The firm has a market capitalization of £636.55 million, a PE ratio of 1,945.65, a PEG ratio of -2.02 and a beta of 1.65. Atalaya Mining has a one year low of GBX 281 ($3.53) and a one year high of GBX 455 ($5.72).

Atalaya Mining Company Profile

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.