Canaccord Genuity Group Raises Atalaya Mining (LON:ATYM) Price Target to GBX 580

Atalaya Mining (LON:ATYM) had its price objective increased by Canaccord Genuity Group from GBX 530 ($6.55) to GBX 580 ($7.16) in a research note published on Friday morning, MarketBeat reports. Canaccord Genuity Group currently has a buy rating on the stock.

Separately, Berenberg Bank reaffirmed a hold rating and issued a GBX 410 ($5.06) price target on shares of Atalaya Mining in a report on Thursday, April 11th.

Atalaya Mining Stock Up 0.3 %

ATYM stock opened at GBX 443 ($5.47) on Friday. Atalaya Mining has a one year low of GBX 281 ($3.47) and a one year high of GBX 452.50 ($5.59). The company has a debt-to-equity ratio of 14.43, a quick ratio of 1.64 and a current ratio of 1.53. The firm’s fifty day moving average is GBX 377.20 and its 200 day moving average is GBX 341.91. The firm has a market cap of £619.76 million, a PE ratio of 1,926.09, a P/E/G ratio of -2.02 and a beta of 1.65.

About Atalaya Mining

Atalaya Mining Plc, together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is the Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It explores for copper concentrates, silver by-products, and gold.