Atico Mining (CVE:ATY) Stock Price Down 9.6% – Here’s Why

Shares of Atico Mining Co. (CVE:ATYGet Free Report) were down 9.6% during mid-day trading on Wednesday . The company traded as low as C$0.22 and last traded at C$0.23. 468,125 shares were traded during trading, an increase of 194% from the average daily volume of 159,255 shares. The stock had previously closed at C$0.26.

Atico Mining Price Performance

The company has a 50 day simple moving average of C$0.22 and a 200 day simple moving average of C$0.27. The company has a market capitalization of C$42.62 million, a price-to-earnings ratio of -2.94 and a beta of 1.74. The company has a quick ratio of 1.56, a current ratio of 0.73 and a debt-to-equity ratio of 70.32.

Atico Mining Company Profile

(Get Free Report)

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.

Further Reading

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