Atalaya Mining (LON:ATYM) Earns Hold Rating from Berenberg Bank

Atalaya Mining (LON:ATYM)‘s stock had its “hold” rating restated by investment analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, Digital Look reports. They currently have a GBX 410 ($5.19) price target on the stock. Berenberg Bank’s target price indicates a potential downside of 4.76% from the stock’s previous close.

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 530 ($6.71) price target on shares of Atalaya Mining in a report on Thursday.

Atalaya Mining Stock Up 0.3 %

Shares of LON:ATYM traded up GBX 1.50 ($0.02) on Thursday, reaching GBX 430.50 ($5.45). The company had a trading volume of 487,115 shares, compared to its average volume of 233,967. Atalaya Mining has a 52-week low of GBX 281 ($3.56) and a 52-week high of GBX 444.50 ($5.63). The firm’s 50 day simple moving average is GBX 354.87 and its 200-day simple moving average is GBX 333.23. The firm has a market capitalization of £602.27 million, a PE ratio of 1,871.74, a PEG ratio of -2.02 and a beta of 1.65. The company has a current ratio of 1.53, a quick ratio of 1.64 and a debt-to-equity ratio of 14.43.

Atalaya Mining Company Profile

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.