Berenberg Bank Reiterates “Hold” Rating for Atalaya Mining (LON:ATYM)

Berenberg Bank reiterated their hold rating on shares of Atalaya Mining (LON:ATYM) in a research note published on Thursday, Digital Look reports. They currently have a GBX 410 ($5.19) price target on the stock.

Separately, Canaccord Genuity Group restated a buy rating and issued a GBX 530 ($6.71) price objective on shares of Atalaya Mining in a research note on Thursday.

Atalaya Mining Stock Performance

LON ATYM traded up GBX 1.50 ($0.02) during trading on Thursday, reaching GBX 430.50 ($5.45). The company’s stock had a trading volume of 487,115 shares, compared to its average volume of 233,967. The company has a debt-to-equity ratio of 14.43, a quick ratio of 1.64 and a current ratio of 1.53. The firm has a market cap of £602.27 million, a price-to-earnings ratio of 1,871.74, a P/E/G ratio of -2.02 and a beta of 1.65. Atalaya Mining has a twelve month low of GBX 281 ($3.56) and a twelve month high of GBX 444.50 ($5.63). The business’s fifty day moving average price is GBX 354.87 and its 200-day moving average price is GBX 333.23.

Atalaya Mining Company Profile

Atalaya Mining Plc, together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is its 100% owned Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It produces copper concentrates, including silver by-products.