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Research analysts at Canaccord Genuity initiated coverage on shares of Atico Mining (CVE:ATY) in a report released on Friday. The firm set a “buy” rating and a C$1.25 price target on the stock. Canaccord Genuity’s target price points to a potential upside of 62.34% from the company’s current price.

Atico Mining (CVE:ATY) last posted its quarterly earnings results on Friday, May 30th. The company reported ($0.01) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.03 by $0.04.

Atico Mining Corporation (CVE:ATY) is a copper and gold exploration and development company.

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