Atalaya Mining PLC’s (ATYM) Buy Rating Reiterated at FinnCap
Atalaya Mining PLC (LON:ATYM)‘s stock had its “buy” rating reaffirmed by research analysts at FinnCap in a research note issued to investors on Wednesday, StockTargetPrices.com reports. They presently have a GBX 235 ($3.03) price objective on the stock. FinnCap’s price objective points to a potential upside of 46.42% from the company’s current price.
A number of other research analysts have also recently issued reports on the stock. Peel Hunt reiterated a “buy” rating and set a GBX 245 ($3.16) price objective on shares of Atalaya Mining PLC in a report on Friday, July 28th. Shore Capital reiterated a “not rated” rating on shares of Atalaya Mining PLC in a report on Friday, June 2nd. Finally, Canaccord Genuity reiterated a “buy” rating and set a GBX 210 ($2.71) price objective on shares of Atalaya Mining PLC in a report on Thursday, May 18th.
Atalaya Mining PLC (ATYM) traded down 1.83% during trading on Wednesday, hitting GBX 160.50. 66,351 shares of the stock were exchanged. The firm’s 50-day moving average is GBX 153.28 and its 200 day moving average is GBX 136.66. Atalaya Mining PLC has a 52 week low of GBX 76.00 and a 52 week high of GBX 197.00. The firm’s market cap is GBX 187.27 million.
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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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