Atico Mining (CVE:ATY) Stock Price Up 13.6% – Still a Buy?

Atico Mining Co. (CVE:ATY)’s share price was up 13.6% during trading on Wednesday. The stock traded as high as C$0.29 and last traded at C$0.25. 365,575 shares changed hands during trading, an increase of 147% from the average session volume of 147,906 shares. The stock had previously closed at C$0.22.

Atico Mining Price Performance

The business’s 50-day simple moving average is C$0.23 and its 200 day simple moving average is C$0.24. The company has a market capitalization of C$45.35 million, a P/E ratio of -2.50 and a beta of 1.37. The company has a current ratio of 0.67, a quick ratio of 1.56 and a debt-to-equity ratio of 66.78.

Atico Mining Company Profile

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.