Atalaya Mining (LON:ATYM) Rating Reiterated by Canaccord Genuity Group

Atalaya Mining (LON:ATYM)‘s stock had its “buy” rating restated by equities research analysts at Canaccord Genuity Group in a research report issued on Thursday, Marketbeat Ratings reports. They currently have a GBX 580 ($7.12) price target on the stock. Canaccord Genuity Group’s target price points to a potential upside of 88.31% from the company’s previous close.

Separately, Berenberg Bank restated a “hold” rating and set a GBX 370 ($4.54) price objective on shares of Atalaya Mining in a research report on Thursday.

Atalaya Mining Trading Up 1.7 %

Shares of ATYM stock opened at GBX 308 ($3.78) on Thursday. Atalaya Mining has a 52-week low of GBX 276 ($3.39) and a 52-week high of GBX 385 ($4.73). The company has a debt-to-equity ratio of 10.06, a quick ratio of 1.64 and a current ratio of 1.73. The firm has a market capitalization of £430.83 million, a PE ratio of 2,200.00, a PEG ratio of -2.02 and a beta of 1.68. The stock has a fifty day simple moving average of GBX 311.62 and a two-hundred day simple moving average of GBX 322.63.

Insider Buying and Selling at Atalaya Mining

In other Atalaya Mining news, insider Neil Gregson bought 4,312 shares of the company’s stock in a transaction on Tuesday, October 10th. The stock was acquired at an average price of GBX 311 ($3.82) per share, for a total transaction of £13,410.32 ($16,468.53). Company insiders own 30.46% of the company’s stock.

Atalaya Mining Company Profile

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.