Atico Mining (CVE:ATY) Stock Price Up 23.8% – Here’s Why

Atico Mining Co. (CVE:ATYGet Free Report) rose 23.8% during mid-day trading on Saturday . The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 178,900 shares traded hands during trading, an increase of 144% from the average daily volume of 73,406 shares. The stock had previously closed at C$0.11.

Atico Mining Stock Performance

The stock’s fifty day simple moving average is C$0.09 and its 200-day simple moving average is C$0.11. The company has a quick ratio of 1.56, a current ratio of 1.37 and a debt-to-equity ratio of 37.77. The company has a market capitalization of C$11.09 million, a PE ratio of -2.92 and a beta of 2.16.

About Atico Mining

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Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver, lead, and zinc deposits. Its holds interest in the El Roble mine located in Department of Choco, Colombia; and the La Plata project located in Ecuador.

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