Atico Mining (CVE:ATY) Trading Down 17.5% – Should You Sell?

Atico Mining Co. (CVE:ATY)’s share price was down 17.5% during mid-day trading on Friday . The company traded as low as C$0.26 and last traded at C$0.26. Approximately 113,237 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 211,857 shares. The stock had previously closed at C$0.32.

Atico Mining Stock Performance

The company has a debt-to-equity ratio of 32.43, a quick ratio of 1.56 and a current ratio of 0.70. The firm’s 50 day simple moving average is C$0.30 and its 200-day simple moving average is C$0.26. The company has a market cap of C$46.93 million, a price-to-earnings ratio of -1.79 and a beta of 1.41.

About Atico Mining

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.