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

Atalaya Mining (LON:ATYMGet 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

(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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