Atalaya Mining PLC (ATYM) Price Target Cut to GBX 195 by Analysts at Canaccord Genuity
Atalaya Mining PLC (LON:ATYM) had its price objective cut by Canaccord Genuity from GBX 205 ($2.68) to GBX 195 ($2.55) in a research report released on Monday morning. The brokerage currently has a speculative buy rating on the stock.
Several other research analysts have also commented on the stock. Peel Hunt restated a buy rating and set a GBX 160 ($2.09) price target on shares of Atalaya Mining PLC in a research note on Friday. FinnCap increased their price target on shares of Atalaya Mining PLC from GBX 195 ($2.55) to GBX 209 ($2.73) and gave the stock a buy rating in a research note on Tuesday, September 20th.
Shares of Atalaya Mining PLC (LON:ATYM) traded down 0.2417% during midday trading on Monday, hitting GBX 90.7801. 80,501 shares of the company were exchanged. The stock’s 50-day moving average is GBX 86.03 and its 200-day moving average is GBX 96.95. The stock’s market cap is GBX 105.92 million. Atalaya Mining PLC has a one year low of GBX 58.50 and a one year high of GBX 133.50.
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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