Atalaya Mining (LON:ATYM) Price Target Raised to GBX 580 at Canaccord Genuity Group

Atalaya Mining (LON:ATYM) had its target price raised by Canaccord Genuity Group from GBX 530 ($6.55) to GBX 580 ($7.16) in a research note published on Friday morning, Marketbeat.com reports. The brokerage currently has a buy rating on the stock.

Separately, Berenberg Bank reissued a hold rating and set a GBX 410 ($5.06) price objective on shares of Atalaya Mining in a report on Thursday, April 11th.

Atalaya Mining Stock Up 0.3 %

Shares of LON:ATYM opened at GBX 443 ($5.47) on Friday. Atalaya Mining has a 12 month low of GBX 281 ($3.47) and a 12 month high of GBX 452.50 ($5.59). The company’s 50-day moving average price is GBX 374.88 and its two-hundred day moving average price is GBX 340.71. The company has a quick ratio of 1.64, a current ratio of 1.53 and a debt-to-equity ratio of 14.43. The firm has a market cap of £619.76 million, a P/E ratio of 1,926.09, a P/E/G ratio of -2.02 and a beta of 1.65.

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 the Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It explores for copper concentrates, silver by-products, and gold.