Atalaya Mining (LON:ATYM)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a research note issued on Monday. They currently have a GBX 255 ($3.46) price objective on the stock. Peel Hunt’s price target would suggest a potential upside of 37.84% from the company’s previous close.
Other analysts also recently issued research reports about the company. Canaccord Genuity reissued a “buy” rating and issued a GBX 270 ($3.66) price objective on shares of Atalaya Mining in a research note on Thursday, October 12th. FinnCap reissued a “buy” rating and issued a GBX 235 ($3.19) price objective on shares of Atalaya Mining in a research note on Thursday, October 12th.
Shares of Atalaya Mining (LON:ATYM) opened at GBX 185 ($2.51) on Monday. Atalaya Mining has a 12 month low of GBX 111 ($1.51) and a 12 month high of £164 ($222.40). The company has a market capitalization of $248.02 and a price-to-earnings ratio of 740.00.
Atalaya Mining PLC, formerly EMED Mining Public Limited, is a Cyprus-based new European copper company focused on the re-start of production at the Rio Tinto Copper Project. It comprises a number of deposits including one of the largest copper deposits in Spain and is located in the Iberian Pyrite Belt.
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