Atalaya Mining’s (ATYM) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Atalaya Mining (LON:ATYM) in a research note issued to investors on Thursday morning, Marketbeat Ratings reports. Canaccord Genuity Group currently has a GBX 530 ($6.71) target price on the stock.

Atalaya Mining Stock Up 1.2 %

Shares of Atalaya Mining stock opened at GBX 434 ($5.49) on Thursday. The company has a 50-day simple moving average of GBX 354.87 and a two-hundred day simple moving average of GBX 333.23. Atalaya Mining has a 52-week low of GBX 281 ($3.56) and a 52-week high of GBX 444.50 ($5.63). The stock has a market capitalization of £607.17 million, a PE ratio of 1,865.22, a price-to-earnings-growth ratio of -2.02 and a beta of 1.65. The company has a debt-to-equity ratio of 14.43, a quick ratio of 1.64 and a current ratio of 1.53.

About Atalaya Mining

Atalaya Mining Plc, together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is its 100% owned Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It produces copper concentrates, including silver by-products.