FinnCap Boosts Atalaya Mining PLC (ATYM) Price Target to GBX 209
Atalaya Mining PLC (LON:ATYM) had its price target raised by FinnCap from GBX 195 ($2.55) to GBX 209 ($2.73) in a research report issued to clients and investors on Tuesday. The brokerage presently has a “buy” rating on the stock. FinnCap’s target price suggests a potential upside of 136.16% from the company’s previous close.
A number of other research firms have also recently issued reports on ATYM. Canaccord Genuity lifted their price objective on Atalaya Mining PLC from GBX 155 ($2.02) to GBX 190 ($2.48) and gave the company a “speculative buy” rating in a research report on Thursday, June 9th. Peel Hunt lifted their price objective on Atalaya Mining PLC from GBX 150 ($1.96) to GBX 160 ($2.09) and gave the company a “buy” rating in a research report on Wednesday, June 1st.
Atalaya Mining PLC (LON:ATYM) opened at 86.00 on Tuesday. The firm’s 50-day moving average price is GBX 87.08 and its 200-day moving average price is GBX 98.29. The company’s market cap is GBX 100.34 million. Atalaya Mining PLC has a 12-month low of GBX 58.50 and a 12-month high of GBX 133.50.
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About Atalaya Mining PLC
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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