Atalaya Mining PLC (LON:ATYM) had its target price lifted by investment analysts at Peel Hunt from GBX 155 ($2.02) to GBX 160 ($2.09) in a report released on Wednesday. The firm presently has a “buy” rating on the stock. Peel Hunt’s price objective indicates a potential upside of 82.86% from the stock’s previous close.

A number of other brokerages have also weighed in on ATYM. FinnCap reiterated a “buy” rating and set a GBX 195 ($2.55) target price on shares of Atalaya Mining PLC in a research note on Wednesday, June 15th. Canaccord Genuity reiterated a “speculative buy” rating and set a GBX 155 ($2.02) target price on shares of Atalaya Mining PLC in a research note on Thursday, May 26th.

Shares of Atalaya Mining PLC (LON:ATYM) opened at 87.50 on Wednesday. Atalaya Mining PLC has a 52 week low of GBX 58.50 and a 52 week high of GBX 133.50. The firm’s market cap is GBX 102.09 million. The company has a 50-day moving average price of GBX 86.76 and a 200 day moving average price of GBX 98.09.

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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