Peel Hunt Increases Atalaya Mining PLC (ATYM) Price Target to GBX 160
Atalaya Mining PLC (LON:ATYM) had its price objective hoisted by analysts at Peel Hunt from GBX 155 ($2.02) to GBX 160 ($2.09) in a research report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Peel Hunt’s price objective suggests a potential upside of 83.91% from the stock’s current price.
Other equities analysts have also issued research reports about the company. FinnCap reiterated a “buy” rating and issued a GBX 195 ($2.55) price target on shares of Atalaya Mining PLC in a research report on Wednesday, June 15th. Canaccord Genuity increased their price objective on Atalaya Mining PLC from GBX 190 ($2.48) to GBX 205 ($2.68) and gave the stock a “speculative buy” rating in a research note on Tuesday, July 26th.
Atalaya Mining PLC (LON:ATYM) opened at 87.00 on Wednesday. The stock’s market cap is GBX 101.51 million. Atalaya Mining PLC has a 12-month low of GBX 58.50 and a 12-month high of GBX 133.50. The firm has a 50-day moving average price of GBX 87.07 and a 200-day moving average price of GBX 98.22.
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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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