Atalaya Mining’s (ATYM) “Buy” Rating Reiterated at Canaccord Genuity Group

Atalaya Mining (LON:ATYM – Get Rating)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity Group in a report released on Tuesday, Digital Look reports. They presently have a GBX 385 ($4.70) target price on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 3.04% from the stock’s current price.

Separately, Berenberg Bank reissued a “buy” rating on shares of Atalaya Mining in a research report on Wednesday, November 9th.

Atalaya Mining Trading Up 1.5 %

Shares of ATYM stock opened at GBX 373.64 ($4.56) on Tuesday. The firm has a fifty day moving average of GBX 310.83 and a 200-day moving average of GBX 269.13. The stock has a market cap of £522.64 million and a price-to-earnings ratio of 1,167.63. Atalaya Mining has a 52-week low of GBX 183 ($2.23) and a 52-week high of GBX 450 ($5.49). The company has a debt-to-equity ratio of 12.48, a quick ratio of 1.64 and a current ratio of 2.07.

About Atalaya Mining

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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.