Atalaya Mining (LON:ATYM) Stock Rating Reaffirmed by Canaccord Genuity

Atalaya Mining (LON:ATYM)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity in a research note issued on Thursday, Digital Look reports. They currently have a GBX 380 ($4.97) price target on the stock. Canaccord Genuity’s target price would indicate a potential upside of 103.21% from the stock’s current price.

Several other equities analysts have also recently issued reports on the stock. Peel Hunt restated a “buy” rating and set a GBX 310 ($4.05) target price on shares of Atalaya Mining in a research note on Thursday. Peel Hunt reiterated a “buy” rating and issued a GBX 310 ($4.05) price objective on shares of Atalaya Mining in a research note on Thursday, August 15th.

ATYM opened at GBX 187 ($2.44) on Thursday. The company has a debt-to-equity ratio of 2.00, a quick ratio of 0.56 and a current ratio of 0.77. The stock has a market capitalization of $256.83 million and a P/E ratio of 6.82. The company’s 50-day simple moving average is GBX 194.55 and its two-hundred day simple moving average is GBX 208.50. Atalaya Mining has a 52-week low of GBX 185 ($2.42) and a 52-week high of GBX 261 ($3.41).

Atalaya Mining Company Profile

Atalaya Mining Plc, together with its subsidiaries, explores for and develops metal properties in Europe. It holds a 100% interest in the Proyecto Riotinto project, an open-pit copper mine located in Andalucía, Spain. The company was formerly known as EMED Mining Public Limited and changed its name to Atalaya Mining Plc in October 2015.

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