Atico Mining (CVE:ATY) Stock Price Down 9.6% – Here’s Why

Atico Mining Co. (CVE:ATYGet Free Report)’s stock price fell 9.6% on Wednesday . The company traded as low as C$0.22 and last traded at C$0.23. Approximately 468,125 shares were traded during trading, an increase of 194% from the average session volume of 159,255 shares. The stock had previously closed at C$0.26.

Atico Mining Stock Down 4.3%

The business has a 50-day moving average of C$0.22 and a 200 day moving average of C$0.27. The company has a market capitalization of C$39.90 million, a PE ratio of -2.75 and a beta of 1.74. The company has a debt-to-equity ratio of 70.32, a current ratio of 0.73 and a quick ratio of 1.56.

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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