Atalaya Mining (LON:ATYM) Given New GBX 1,075 Price Target at Royal Bank Of Canada

Atalaya Mining (LON:ATYM) had its target price trimmed by Royal Bank Of Canada from GBX 1,125 to GBX 1,075 in a report published on Thursday morning,Digital Look reports. The brokerage currently has a sector perform rating on the stock.

A number of other equities analysts have also recently issued reports on the company. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,090 target price on shares of Atalaya Mining in a report on Thursday, March 19th. Berenberg Bank reissued a “buy” rating and issued a GBX 950 target price on shares of Atalaya Mining in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Atalaya Mining currently has an average rating of “Moderate Buy” and a consensus target price of GBX 955.

Atalaya Mining Trading Down 1.4%

Shares of ATYM opened at GBX 786.50 on Thursday. Atalaya Mining has a 1 year low of GBX 347 and a 1 year high of GBX 1,094. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 8.28. The stock has a 50 day simple moving average of GBX 855.62 and a 200-day simple moving average of GBX 801.95. The stock has a market cap of £1.21 billion, a PE ratio of 13.49, a PEG ratio of -2.02 and a beta of 1.52.

About Atalaya Mining

Atalaya is a European copper producer that owns and operates the Proyecto Riotinto complex in southwest Spain. Atalaya’s shares trade on the London Stock Exchange’s Main Market under the symbol “ATYM”.

Atalaya’s operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a central processing hub for ore sourced from its wholly owned regional projects around Riotinto, such as Proyecto Masa Valverde and Proyecto Riotinto East. In addition, Atalaya has a phased earn-in agreement for up to 80% ownership of Cobre San Rafael S.L., which fully owns the Proyecto Touro brownfield copper project in the northwest of Spain, as well as a 99.9% interest in Proyecto Ossa Morena.