Atico Mining (CVE:ATY) Stock Price Down 18.2% – Here’s What Happened

Atico Mining Co. (CVE:ATY)’s stock price fell 18.2% during mid-day trading on Friday . The stock traded as low as C$0.27 and last traded at C$0.27. 285,950 shares traded hands during mid-day trading, a decline of 4% from the average session volume of 297,237 shares. The stock had previously closed at C$0.33.

Atico Mining Price Performance

The business’s 50 day moving average price is C$0.31 and its 200-day moving average price is C$0.25. The company has a quick ratio of 1.56, a current ratio of 0.70 and a debt-to-equity ratio of 32.43. The company has a market cap of C$48.74 million, a PE ratio of -1.86 and a beta of 1.24.

Atico Mining Company Profile

Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver, lead, and zinc deposits. Its holds interest in the El Roble mine located in Department of Choco, Colombia; and the La Plata project located in Ecuador. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.