Peel Hunt Reaffirms “Buy” Rating for Atalaya Mining (LON:ATYM)
Peel Hunt restated their buy rating on shares of Atalaya Mining (LON:ATYM) in a research report released on Thursday morning, LSE.Co.UK reports. The firm currently has a GBX 310 ($4.05) price target on the stock.
A number of other equities research analysts have also recently issued reports on ATYM. Canaccord Genuity reiterated a buy rating and set a GBX 380 ($4.97) price objective on shares of Atalaya Mining in a research note on Thursday. Peel Hunt reiterated a buy rating and set a GBX 310 ($4.05) price objective on shares of Atalaya Mining in a research note on Thursday.
Shares of Atalaya Mining stock opened at GBX 187 ($2.44) on Thursday. Atalaya Mining has a 12-month low of GBX 185 ($2.42) and a 12-month high of GBX 261 ($3.41). The stock has a market cap of $256.83 million and a P/E ratio of 6.82. The company has a quick ratio of 0.56, a current ratio of 0.77 and a debt-to-equity ratio of 2.00. The business’s 50 day moving average is GBX 194.55 and its 200-day moving average is GBX 208.50.
Atalaya Mining Plc, together with its subsidiaries, explores for and develops metal properties in Europe. It holds a 100% interest in the Proyecto Riotinto project, an open-pit copper mine located in Andalucía, Spain. The company was formerly known as EMED Mining Public Limited and changed its name to Atalaya Mining Plc in October 2015.
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