Peel Hunt Reiterates Buy Rating for Atalaya Mining PLC (LON:ATYM)
Peel Hunt reiterated their buy rating on shares of Atalaya Mining PLC (LON:ATYM) in a research note published on Monday, June 5th. Peel Hunt currently has a GBX 220 ($2.85) price objective on the stock.
A number of other analysts also recently weighed in on ATYM. FinnCap reissued a buy rating and issued a GBX 209 ($2.71) price target on shares of Atalaya Mining PLC in a report on Thursday, February 23rd. Canaccord Genuity reissued a buy rating and issued a GBX 210 ($2.72) price target on shares of Atalaya Mining PLC in a report on Thursday, April 20th. Finally, Shore Capital reissued a not rated rating on shares of Atalaya Mining PLC in a report on Friday, June 2nd.
Shares of Atalaya Mining PLC (ATYM) traded up 4.05% during mid-day trading on Monday, hitting GBX 115.50. The stock had a trading volume of 66,351 shares. The company’s 50 day moving average price is GBX 124.79 and its 200 day moving average price is GBX 136.98. The stock’s market cap is GBX 134.77 million. Atalaya Mining PLC has a 12-month low of GBX 75.00 and a 12-month high of GBX 168.95.
In other news, insider Alberto Lavandeira bought 60,000 shares of the company’s stock in a transaction that occurred on Thursday, June 8th. The stock was acquired at an average price of GBX 123 ($1.59) per share, for a total transaction of £73,800 ($95,595.85).
Atalaya Mining PLC Company Profile
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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