Atalaya Mining PLC (ATYM) Receives Buy Rating from Peel Hunt
Atalaya Mining PLC (LON:ATYM)‘s stock had its “buy” rating reaffirmed by research analysts at Peel Hunt in a research note issued to investors on Tuesday. They presently have a GBX 160 ($1.98) price objective on the stock. Peel Hunt’s target price points to a potential upside of 90.48% from the stock’s current price.
A number of other brokerages also recently commented on ATYM. FinnCap reaffirmed a “buy” rating and issued a GBX 195 ($2.41) price target on shares of Atalaya Mining PLC in a report on Thursday, July 14th. Canaccord Genuity reissued a “speculative buy” rating and issued a GBX 190 ($2.35) price objective on shares of Atalaya Mining PLC in a research note on Thursday, July 14th.
Atalaya Mining PLC (LON:ATYM) opened at 89.90 on Tuesday. Atalaya Mining PLC has a one year low of GBX 58.50 and a one year high of GBX 133.50. The stock’s market cap is GBX 104.89 million. The company’s 50-day moving average price is GBX 86.40 and its 200-day moving average price is GBX 96.37.
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Atalaya Mining PLC Company Profile
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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