Atalaya Mining (LON:ATYM) Stock Price Passes Below Fifty Day Moving Average of $251.16

Shares of Atalaya Mining Plc (LON:ATYMGet Rating) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 251.16 ($3.03) and traded as low as GBX 211 ($2.55). Atalaya Mining shares last traded at GBX 215 ($2.60), with a volume of 58,099 shares.

Analyst Ratings Changes

Separately, Berenberg Bank decreased their price target on shares of Atalaya Mining from GBX 430 ($5.20) to GBX 400 ($4.83) and set a “buy” rating on the stock in a research note on Friday, July 15th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 478 ($5.78).

Atalaya Mining Stock Performance

The business’s fifty day moving average price is GBX 251.16 and its two-hundred day moving average price is GBX 332.77. The company has a debt-to-equity ratio of 13.79, a quick ratio of 1.95 and a current ratio of 2.42. The stock has a market capitalization of £300.74 million and a P/E ratio of 346.77.

Insider Transactions at Atalaya Mining

In other Atalaya Mining news, insider Jesus Fernandez Lopez bought 65,000 shares of Atalaya Mining stock in a transaction dated Wednesday, August 24th. The shares were purchased at an average cost of GBX 226 ($2.73) per share, for a total transaction of £146,900 ($177,501.21).

About Atalaya Mining

(Get Rating)

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

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