Canaccord Genuity Reiterates Speculative Buy Rating for Atalaya Mining PLC (ATYM)
Atalaya Mining PLC (LON:ATYM)‘s stock had its “speculative buy” rating reiterated by equities researchers at Canaccord Genuity in a report issued on Thursday. They currently have a GBX 195 ($2.44) price target on the stock. Canaccord Genuity’s price objective points to a potential upside of 25.89% from the company’s current price.
Other equities research analysts have also recently issued research reports about the stock. Peel Hunt reissued a “buy” rating and set a GBX 155 ($1.94) target price on shares of Atalaya Mining PLC in a research report on Monday, August 8th. FinnCap upped their price target on shares of Atalaya Mining PLC from GBX 195 ($2.44) to GBX 209 ($2.61) and gave the company a “buy” rating in a research note on Tuesday, September 20th.
Atalaya Mining PLC (LON:ATYM) opened at 157.50 on Thursday. The company’s 50 day moving average is GBX 98.04 and its 200-day moving average is GBX 96.16. The stock’s market cap is GBX 183.77 million. Atalaya Mining PLC has a 1-year low of GBX 64.10 and a 1-year high of GBX 165.00.
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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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