Atico Mining (CVE:ATY) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Atico Mining Co. (CVE:ATYGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.25 and traded as low as C$0.25. Atico Mining shares last traded at C$0.26, with a volume of 68,797 shares.

Atico Mining Stock Up 4.0%

The company has a quick ratio of 1.56, a current ratio of 0.70 and a debt-to-equity ratio of 32.43. The company has a market capitalization of C$46.93 million, a price-to-earnings ratio of -1.79 and a beta of 1.24. The business’s 50-day moving average is C$0.32 and its 200-day moving average is C$0.25.

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. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.

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