Atalaya Mining PLC (ATYM) Receives speculative buy Rating from Canaccord Genuity
Atalaya Mining PLC (LON:ATYM)‘s stock had its “speculative buy” rating restated by equities researchers at Canaccord Genuity in a research report issued on Tuesday. They currently have a GBX 195 ($2.41) target price on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 132.14% from the company’s current price.
Other equities research analysts have also recently issued research reports about the stock. Peel Hunt reissued a “buy” rating and set a GBX 160 ($1.98) price target on shares of Atalaya Mining PLC in a research report on Tuesday. FinnCap reissued a “buy” rating and set a GBX 209 ($2.59) price target on shares of Atalaya Mining PLC in a research report on Tuesday.
Atalaya Mining PLC (LON:ATYM) opened at 87.00 on Tuesday. The firm’s market capitalization is GBX 101.51 million. Atalaya Mining PLC has a one year low of GBX 58.50 and a one year high of GBX 133.50. The stock’s 50 day moving average is GBX 86.40 and its 200-day moving average 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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