Atalaya Mining PLC (ATYM) Price Target Raised to GBX 205 at Canaccord Genuity
Atalaya Mining PLC (LON:ATYM) had its target price lifted by Canaccord Genuity from GBX 190 ($2.48) to GBX 205 ($2.68) in a note issued to investors on Tuesday. The brokerage currently has a “speculative buy” rating on the stock. Canaccord Genuity’s target price would indicate a potential upside of 139.77% from the stock’s previous close.
Several other research analysts have also weighed in on the company. FinnCap reissued a “buy” rating and issued a GBX 195 ($2.55) price objective on shares of Atalaya Mining PLC in a research report on Monday, July 25th. Peel Hunt lifted their price objective on Atalaya Mining PLC from GBX 150 ($1.96) to GBX 160 ($2.09) and gave the stock a “buy” rating in a research report on Wednesday, June 1st.
Atalaya Mining PLC (LON:ATYM) traded down 3.39% during mid-day trading on Tuesday, reaching GBX 86.50. The company’s stock had a trading volume of 38,579 shares. The company’s market cap is GBX 100.93 million. The firm has a 50 day moving average price of GBX 86.44 and a 200 day moving average price of GBX 96.62. Atalaya Mining PLC has a 52-week low of GBX 58.50 and a 52-week 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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