Atalaya Mining (LON:ATYM) Given “Buy” Rating at Berenberg Bank

Atalaya Mining (LON:ATYMGet Rating)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a report released on Monday, MarketBeat reports. They currently have a GBX 500 ($6.16) target price on the stock. Berenberg Bank’s price target would indicate a potential upside of 50.60% from the company’s current price.

Separately, Canaccord Genuity Group upped their target price on Atalaya Mining from GBX 460 ($5.67) to GBX 490 ($6.04) and gave the company a “buy” rating in a report on Tuesday, April 26th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Atalaya Mining presently has an average rating of “Buy” and an average target price of GBX 498 ($6.14).

Shares of Atalaya Mining stock opened at GBX 332 ($4.09) on Monday. The company has a quick ratio of 1.92, a current ratio of 2.27 and a debt-to-equity ratio of 12.15. The company has a market cap of £464.33 million and a PE ratio of 4.20. The business has a 50 day moving average of GBX 390.54 and a 200 day moving average of GBX 405.49. Atalaya Mining has a 52 week low of GBX 265 ($3.27) and a 52 week high of GBX 450 ($5.55).

Atalaya Mining Company Profile (Get Rating)

Atalaya Mining Plc, together with its subsidiaries, engages in the mineral exploration and development in Spain. The company holds a 100% interest in the Proyecto Riotinto project, an open-pit copper mine located in the Andalusia region of Spain. It produces copper concentrates, including silver by-products.

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