Atico Mining (CVE:ATY) Shares Cross Above 200 Day Moving Average – What’s Next?

Shares of Atico Mining Co. (CVE:ATYGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.23 and traded as high as C$0.32. Atico Mining shares last traded at C$0.32, with a volume of 27,323 shares.

Atico Mining Price Performance

The firm has a market capitalization of C$56.86 million, a P/E ratio of -2.17 and a beta of 2.11. The stock’s 50 day simple moving average is C$0.28 and its 200 day simple moving average is C$0.23. The company has a debt-to-equity ratio of 37.77, a quick ratio of 1.56 and a current ratio of 1.37.

About Atico Mining

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Atico Mining Corporation engages in the acquisition, exploration, and development of copper and gold projects in Latin America. The company also explores for silver, lead, and zinc deposits. Its holds interest in the El Roble mine located in Department of Choco, Colombia; and the La Plata project located in Ecuador. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.

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