Atalaya Mining PLC (ATYM) Price Target Raised to GBX 238 at FinnCap
Atalaya Mining PLC (LON:ATYM) had its price objective upped by analysts at FinnCap from GBX 195 ($2.52) to GBX 238 ($3.07) in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. FinnCap’s price target points to a potential upside of 36.78% from the stock’s previous close.
Other equities analysts have also issued research reports about the company. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 210 ($2.71) price target on shares of Atalaya Mining PLC in a research note on Thursday, May 18th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 220 ($2.84) price target on shares of Atalaya Mining PLC in a research note on Thursday, May 25th. Finally, Shore Capital reaffirmed a “not rated” rating on shares of Atalaya Mining PLC in a research note on Friday, June 2nd.
Atalaya Mining PLC (LON:ATYM) traded down 2.25% during mid-day trading on Thursday, reaching GBX 174.00. The company’s stock had a trading volume of 66,351 shares. The firm’s 50 day moving average price is GBX 148.07 and its 200 day moving average price is GBX 136.17. The stock’s market cap is GBX 203.02 million. Atalaya Mining PLC has a 12-month low of GBX 76.00 and a 12-month high of GBX 197.00.
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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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