Atico Mining (CVE:ATY) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Shares of Atico Mining Co. (CVE:ATYGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.25 and traded as low as C$0.21. Atico Mining shares last traded at C$0.22, with a volume of 98,000 shares trading hands.

Atico Mining Stock Up 4.8%

The firm has a 50-day moving average of C$0.23 and a two-hundred day moving average of C$0.25. The firm has a market cap of C$39.90 million, a price-to-earnings ratio of -2.20 and a beta of 1.37. The company has a current ratio of 0.67, a quick ratio of 1.56 and a debt-to-equity ratio of 66.78.

Atico Mining Company Profile

(Get Free Report)

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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