Atalaya Mining’s (ATYM) “Hold” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their hold rating on shares of Atalaya Mining (LON:ATYM) in a research report sent to investors on Tuesday, Marketbeat reports. They currently have a GBX 420 ($5.45) price target on the stock.

Separately, Canaccord Genuity Group dropped their price objective on Atalaya Mining from GBX 555 ($7.20) to GBX 520 ($6.74) and set a “buy” rating for the company in a report on Wednesday.

Atalaya Mining Trading Down 1.2 %

ATYM stock opened at GBX 375.50 ($4.87) on Tuesday. The business has a fifty day moving average of GBX 368.30 and a 200-day moving average of GBX 366.54. The company has a market cap of £639.96 million, a P/E ratio of 23.27, a PEG ratio of -2.02 and a beta of 1.64. The company has a quick ratio of 1.64, a current ratio of 1.53 and a debt-to-equity ratio of 7.71. Atalaya Mining has a twelve month low of GBX 322.50 ($4.18) and a twelve month high of GBX 493.50 ($6.40).

Atalaya Mining Company Profile

Atalaya is a European copper producer that owns and operates the Proyecto Riotinto complex in southwest Spain. Atalaya’s shares trade on the London Stock Exchange’s Main Market under the symbol “ATYM”.

Atalaya’s operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a central processing hub for ore sourced from its wholly owned regional projects around Riotinto, such as Proyecto Masa Valverde and Proyecto Riotinto East.